Price has successfuly broken up its short term downmoving trendline. After this I expect the price will retrace somewhat to 1.0820/30, then it's moving to the upside until 1.0890/1.0900. Alternatively it can move directly to the up without any retracement (but I doubt). Any hourly closing price back below the drawn trandline will negate this idea.
A "rising three method" pattern identified on 15 minute EURUSD chart. The pattern appeared in a strong upmove, so it suggests further move up. Although this is a rare pattern and bullish continuation is expected We should not expect too much move after, but with a small risk I take a chance. After 20 pips move I lift SL to breakeven Good luck !
EURUSD H4 chart delivers a good entry for short positions. RSI (13) twice crossed below (from above) the 70ies and along with the candle patterns it composes a negative divergence. Price almost reached weekly (pivot) R1 line that proves to be another barrier in front of the price. I think all of these elements represent a great seliing entry point here. Target is ...
Cable looks to be in good shape enough to make another run to higher levels. FIBO suggests to make a deal as follows, similar to yesterday's Eurodollar setup BUY LIMIT @ 1.5550 SL 1.5515/20 TP1 1.5597 - after hit, rest of position's stop loss then move to entry price TP2 1.5670 - I know this one may not be reached any soon