EURUSD reached the resistance from the previous week tops, beign extremely overbought after 20+ hours without breaking the Higher-High -> Higher Low chain.
I expect the pair to take a breath, retracing 38,2% min., and probably to use the previous 1.2380 resistance as a support to make further movements toward the daily parallel border arround 1.2480-2500.
EURJPY is touching it's H1 channel's border.
I expect some rebound here, although my preferral orders will be buying the Fibs towards the channel.
Good risk/reward with stops up outside the channel, aiming for this 30+ pips.
GBPUSD has reached it's H1 resistance border and the resistance that has beign topping the pair for the last 3 months. It's a good spot to sell short with tight stops above the resistance, aiming for 30+ pips.
EURUSD is on a very delicated moment as it ranges through the channel border inside the buying zone.
This wouldn't be a problem if the major daily tendency wasn't short and we hadn't this messy fundamental scenario with the new Greek prime minister visiting the EU board for the first time.
Anyway, techs says BUY for now as it reaces this support zone, although I...
The EURUSD made a Head and Shoulders pattern on the botton of this movement and started raising strongly today.
The H&S target and the Fib target are in the same region, nearby a broken supportive trendline of the Daily chart.
Maybe we'll see the EUR over 1.25 again?
GBPUSD broke up the resistance trendline of a triangulation pattern, breaking also through the Pivot R1 and Camarilla's H4 Long Breakout Level.
Although I delayed to publish this analysis, I expect it to extend it's gains befor a small pullback, aiming for the 1.5700 resistance zone.
Note that arround there is a channel parallel border (blue dotted) on it's way,...
If you are following me you might know that I've been selling the NZD for the last couple weeks, but all I've got so far was a sequence of breake-evens... NZD is on a very difficult area to trade, because it's on a very clear raising trend, but, also, it's on a very important daily resistance trendline..
Finally we are on a key moment, and we cannot take that...