Beeing in an uptrend already we are testing the former March top again which shall be considered to be a retracement within this rising trend.
We have exceeded the usually highest Fibonacci correction level being at 61.8 %. This is a sign of a present strenght of the euro.
We were not able to close the window to the upside. That's why there shall be a correction of this attempt now.
...and the pressure to the upside is growing. Thus I expect a renewed test of the tops now.
We are holding well below the MA and have falling highs for a while. That's why I expect a breakout of the range to the downside soon.
The jump past month is more than Fibonacci would have required. This is a good sign for possible further gains.
Silver is still consolidating its downtrend. Here it meets some resistance which may lead to a renewed decline or a drow with a resulting sideward range.
No new high and lower closes point to a correction down.
The euro is well supported here. If it breks lower then we would see a larger drop. But ue to the support it seems less likely.
No idea yet. Russkie mogut znat. But the momentum is that high that this opportunity must not be ignored.
The retracement of this month's high has been completed and we may set forth our path down.
The index has been opening opening a window above a major support. I suppose that we may see a retracement to the upside ar least.
The euro is holding above the MA which serves as support here. I am taking the opportunity of the lower price to enter a new long position.
The break through the wekly triangle in a running downtrend may be considered as a selling signal with large potential.
...then down. The pound doesn't seem to rise. Thu we we shall see a drop now or a sideward range trading.
The correction has been retraced and the yen is rising again.