Sneks

Sneks

So far it seems that the par has found support at 1.1520/40 and is expect to retest the 1.1750 resistance area.

Sneks Updated 

This suggest an extension to the 55 ma at 1.1635

Sneks

Gold has found its support e 1210 and a close above 1235 area would resume it upside move....

Sneks

We need clear break of 1.18 resistance to resume the upside or for downside a break of 1.16 level.

Sneks

The par is making higher lows, and a break of the resistance line 111.40 i a good buying opportunity. There is also on the weekly chart ma crossover buying signal.

Sneks Updated 

It seems gold has found good support at 1235/40.

Sneks

EUR/USD is again testing its support at 1.1515 and if it break it will continue to target the 200 week ma at 1.1400. But the RSI is showing bullish divergence, is not confirming new lows and we have seen a key reversal pattern. Above 1.1723 it should test 1.1850/55 level.

Sneks

There is ascending triangle formation. A close above 1.3008 would open space for more upside move

Sneks

Above 1.1850 into 1.1990 fist target. A close below 1.1720 will resume the downside pressure.

Sneks

So, this is my first post so please be gentle :) EUR//USD is keeping its deeper retracement toward 1.1900 first target.