EURJPY DAILYBulls fighting to keep price to the upside, watching for a break of channel top (CTL) for longs to recent highs.. & potentially a higher high. Price sitting on a daily key level needs to break before considering any direction, Euro CPI numbers shortly could push this pair up to where it needs to go
Higherhigh
EURUSD 4HPrice came down to retrace nicely, now looking for potential long entries at the ascending trendline, or a break for a deeper pullback. Big news tomorrow for both the US & euro PPI numbers in the morning. Will this pair see multi year highs soon potentially reaching 1.23500?! Lets observe.. : )
EOS very bullish ahead, cup and handle formation on a day chartBITFINEX:EOSUSD
The chart speaks for itself, we have two strong resistance ahead at $1.85 and $2 so watch for those.
Once it crosses them the $2.20 is a very achievable target.
It can take some time to get there but I would say by next week sometime we should be pretty close to the target.
Personally I'm very bullish on EOS, we are still on an very much up trend, as long as it makes higher lows and soon higher highs, there is no reason to panic :). The market seem to be very strong.
If you still want to get on board look for consolidation zones and get in there, the optimum buying point is gone.
GBPCAD 2HPrice is stuck in a tight range between support & resistance.. Price failing to break the 38.2 fib level rejecting many times & could not close above it just yet, however we have inflation news out of CAD tomorrow which a big move should take place. If we break this daily fib level, this pair will fly to the upside. Confirmation is key but a lot of pips to be made on this pair!!