After breaking 1260 levels down, a new correction move started on gold. I think 1258 / 65 zone is good sell zone for this. Target will be 1210 levels
EU is negative for FED decition. 1.1840 / 1.1860 zone is good short zone i think. Target will be 1.1680 / 1.1560
I think to buy EU @ the deep of down-trend channel.(1.1796) Target will be 1.1885 i think. Good Luck!
If Euro does not return from 1.1886, which is the level of 61.8%, the next target will be 1.1977 which is the harmonic pattern target. 1.1886 over 1.1975 targeted purchases can be made.
Watch price action @ top of the short-term channel. Don't sell oil. if we see any candle close above 55.20 we can be long after that.
Stay short @EU below 1.1740 targets are 1.15 / 1.1460 levels at first.
Watch price action arround 0.7560 levels. If breakout this level a new big short can be start.
1268 is important level for gold. If see any breakout sell gold till 1240 / 1215.
The movement of the euro from 1.1730 to 1.1822 may be interpreted as a correction movement. As long as we do not see a price movement above 1.1822, which is 61.8% of Fibonacci, we can call the new target for Euro 1.1670.
If EU can start a new fall trend below 1.19; it can be trigger the SHS formation and if it work the new target will be 1.1260. At the moment it seems impossible but tecnical analyse says it is not impossible. We are waiting and wathcing only now.
EU possible harmonic pattern, target is 1.1814