UnknownUnicorn5944879

UnknownUnicorn5944879 Updated 

Core PCE Price Index m/m news today. The Price moves downwards after the break of the triangle. Possible further downward move until the next support.

UnknownUnicorn5944879

After a long drop from 100 USD level Crude oil seems to be in a sideways move with volatile pricing. Probably will reach higher soon during the day or tomorrow.

UnknownUnicorn5944879

Some important news EEST time 15:30 regarding the USD so EUR and GBP are not affected. The battle between EUR and GBP has been going for some days now. It looks like a Heads and Shoulders pattern has formed but the price must break the psychological support 0.83800 to be sure of a dip.

UnknownUnicorn5944879

Important support break just happened. The next support that might drive the price to a huge dip after a break downwards is 1890 USD.

UnknownUnicorn5944879

The Chart is 4H, It seems probable that after a fall like this, the market could reverse. Normally we shouldn't rely for retracements when the timeframe is so high. 15-30 minutes should be better. The reason is that the market is strongly affected by other fundamental factors that we allow to affect our positions due to the fact that we are exposed too long in...

UnknownUnicorn5944879 Updated 

Possible move downwards until the next support. As indicated by the arrow.

UnknownUnicorn5944879

Seems that there ia a rapid price move downwards for the pair. The fibonacci retracement tool shows clearly the levels as it is automatically deployed on the chart. The arrow shows exactly the most conservative approach to retracement.

UnknownUnicorn5944879 Updated 

Seems that EURUSD is moving downwards as EUR depreciates against other currencies. Possible stop at next support as indicated by the arrow.

UnknownUnicorn5944879

The GBPUSD has fallen relatively quick the last few days. The Fibo tool is not accurate that's why lines were drawn on the chart. When the resistance 1.311 on this chart is passed then is possible for the pair to move upwards until the next fibo level (61% of the move , at 0.382 Fibo level ).

UnknownUnicorn5944879

US Oil inventories showed a negative change/figure on the last report -2.5M. However, the previous one was positive. It means that there is no clear trend, just volatility and technicals are strong. Seems here that the price got out of consolidation and move downwards. Passing the levels depicted should push the price further down.

UnknownUnicorn5944879

Four- period Triangle formed. It is possible that after the breach of the support level 0.74, there will be a downward movement as depicted. Only after that breach though.

UnknownUnicorn5944879

Seems that Gold is moving upwards, breaks consolidation and possible next resistance is at 1960. However, to be more cautious the TP should be placed earlier

UnknownUnicorn5944879

Next resistance at 1.079 as indicated by the arrow and the lines.

UnknownUnicorn5944879

Downward move just begun The Consolidation phase is not so strong so the downward target as indicated by the arrow might not be the correct one

UnknownUnicorn5944879

Retracement 61% of the 2-day upward move is possible. The JPY appreciates currently against other currencies.

UnknownUnicorn5944879

The fibo tool shows the 61% retracement. Start of the financial day 10 and the dollar starts to appreciate. EURUSD down already.

UnknownUnicorn5944879

Seems that Gold passed a significant support. The price might reach 1900.

UnknownUnicorn5944879

Seems that the pair is quite strong in regards to the upward side. Retracements are difficult to predict when there is a strong intraday trend. Will this finally be the end of the upward?