Daily Supply Level bearish reversal chart pattern Bearish divergent.
There is a confluence on the Fibonacci level at the point. So if an up move happen it would not be much of a surprise.
looking for a shor We have a divergence, 222 Pattern and Fibonacci confluence at the end of the pattern.
looking for a long We have a divergence, 222 Pattern and Fibonacci confluence at the end of the pattern.
Since EURO has been facing uncertainty to the due to the referendum and the ECB never give traders any confident we expecting a drop in the EURO. But will see how the upcoming news will support this weeks trend.
Expecting a EURO to gain power against the USD after hurricane affected economic growth in the US and also after the results of the NFP. EURO bond yield also increased in some parts of EURO. And Germany and France factory orders went higher which is good for the EURO. But we see how the week goes.
Expecting a short as JPY showed growth fundamentally better than before. whilst also Euro too also raised bond yield. Both strong economies we shall what the week has in store for this pair.
I believe USOIL is going to go up and will pass through the green lines that will be the take profits.