CEO-PREMIUM-ANALYSIS

CEO-PREMIUM-ANALYSIS

According to the decline of 1.06316 we sought that EUR/USD will make some pool back on the support of 1.05338, or the second support which found at 1.04903. But that tow support failed to carry the price and pushing it back higher to break the resistance which found at 1.06316. But now has you can see that EUR/USD the pare is still in sell direction after the...

CEO-PREMIUM-ANALYSIS

Early in the American session, gold is trading around 2,636.20, below the 21 SMA, and below the symmetrical triangle pattern. on Thursday, gold made a decisive break of the symmetrical triangle pattern and reached a low of 2,612. Any technical bounce will be seen as an opportunity to sell. The gold of the gold bears is to cover the GAP that was left around 2,562.

CEO-PREMIUM-ANALYSIS

We could expect EUR/USD to continue rising and thus, cover the gap left at 1.6466. finally, the instrument could reach the 200 EMA around 1.07187. According to the H4 chart, we can see that the euro is overbought, which means that any attempt to continue rising will be seen as an opportunity to sell. Our trading plan for the next few hours is to sell the euro...