DXY is coming to support area...DXY is coming to main support area. 99.10 and if break it 98.25 will be strong resistances. If we see any returning it will be start a strong bullish trend and target 107 levels i think. Wait and watch. Good Luck!
Fxlounge
EU possible roadmap...EU will target 1.0975 with AB=CD formation on daily chart. At the same time we can see a Reverse Sholder-Head-Shoulder formation and it break the neck line of this formation on 1.0830. If this formation will work its target will be 1.1315. But now is too early to decide to trade SHS formation. At first we have to see any breakout of blue trendline, after this break we complate the AB=CD and after all of them if we break 1.0975 level we can say we are going to 1.13 levels... Good Luck!
USOIL is coming to bottom of uptrend channel line...Any long positions can be try on 47.20 levels i think.
EU buy on any breakout of its channel...EU buy on any breakout of its channel and target 1.06 levels Good Luck!
GBPUSD long position idea.Its good to buy on 1.2220 stoploss is 1.2190 and tp1 1.2335 tp2 1.2420. Good Luck!
USDTRY short trend is going on...This week i think we can short USDTRY from 3.72 and target 3.61 levels.
GOLD is coming to end of its uptrend step-by-step...Gold is going on to its uptrend with small corrections by downside. But i think it is coming to end of its uptrend arround 1260 levels.
Is EU going top Shoulder-Head-Shoulder Formation?EU broke its uptrend in 4H chart but there isn't any back-test to trendline. Also EU will want to test this trendline arround 1.0750 levels at first and if it can not break this trend to upside return back to downside and target 1.0620 levels again for shoulder-head-shoulder formation.
USDTRY short position...My entry price is 3.7150. Stop level is 3.73 & tp1: 3.6750 tp2: 3.6040. Good Luck!
USDTRY short-term down trend going on...USDTRY is going on its short-term down trend and will target 3.60 levels. Good Luck!
