EURJPY great opportunity !Pattern sperandeo - Patterns is formed with T1, T2, and T3 trendlines. After crossing T3 you can trade to T2 and then to T1
Sperandeo
GBP CHF ready to serf?Sensitive situation on GBP CHF currency pier, the pattern brilliant just finished on daily chart. Now we can follow reversal pattern sperandeo, if price will cross T1 trendline, target will be 1.2247, second target T2 trendline. But be careful and follow news
Following last signal... Following last signal - price has reached first important resistance level. You can enter market after crossing 1.0884. Also do not listed to some speculators about coronavirus impact on Forex market !
EUR - USD long !Euro - US dollar rally is almost finished, but still we need confirmation to long USD. Look at red fibonacci zone (23% level-1.0884) is the most important resistence level, after crossing of this price trend may reach R1 target (1.1071). You can fix your profit on T2 trendline.
EUR willl rise until the end of February Interesting opportunity on Euro - Swiss franc currency pier. Last 2 weeks EUR was gradualy weakening, but now it's to much, quite overloaded against major currencies. I expect correction of this trand, EUR may rise against major currencies until the end of February. On EURCHF (H1 chart) you can find pattern sperandeo, which is the signal to Buy EUR, but wait - confirmation will be crossing of T2.
As we have predicted Singapore dollar has touched 1.3722, whats?After short break lets follow up our signals from last week. As we have posted earlier technical analysis for US - Singapore dollar currency pier, price has touched 1.3722 support and now correcting trend for short term. The pattern Sperandeo is still active. Check both photos
USD short against Singapore dollar As we have posted earlier, the pattern Sperandeo worked well on USD SGD currency pier. Also now is very important moment which can help fo USD trading with other currencies also, take a look on MA233 (red). On 4 hrs chart price has stopped at this moving average and crossing of MA233 as a support will be the signal for another 70-100 pips rally. But be careful L2 trend line, which is the 3 target of our trading during this week. This you can focus more on technical analysis as Non-farm employment change is already released - 130k (159k previous ).
USD SGD ShortSingapore's annual inflation rate fell to 0.6 percent in June 2019 from a two-year high of 0.9 percent in the previous month and below market expectations of 0.7 percent. That was the lowest inflation rate since March. Singapore Dollar now trading at 1.3691. Technicaly with T1, T2, T3, and T4 there is patern Sperandeo, which forecasts SGD's gradual rise against USD. Next target 1.3560 (Short USD-SGD, Long SGD-other currencies )
