EURUSD didn't break the 1.0928 support and we can see a bullish RSI divergence on H1 chart
SPX500USD possible shoulder head shoulder pattern
SPX chart formed a double top on all time high. We can see an RSI divergence on short and long term too(H4 and daily chart). The price moving in ascending triangle on the daily chart. The second target is the triangle's lower line (daily uptrend line).
My last analysis was correct and the pair return to the 618 fibonacci level(1.1), and formed a bullish butterfly harmonic pattern on the H4 chart. I think the bears don't have enough power to break this level downward, and the price will go upward to 1.11. If that happen the price breaks the downtrend line, and we can wait for a backtest to this trend line near 1.106.
The US stock indices upward momentum has weakened The EURUSD Bullish rally can support the GOLD The US stock market indices are approaching the highest ever, but the upward momentum has weakened and downward correction may follow. In addition, EURUSD may expect a higher upward adjustment. The pair on the last week returned to the 1.093 support level, and from...
I think the price didn't go higher than the 08.May high
EURUSD now reach the 382 fib level, so its a good entry for short position till the next stop at Fibonacci's 618.
The RBA lists a number of risks that require lower interest rates. Market-based expectations suggest market participants have not fully priced the October cut. The pair may have reached the buy peak The Australian Central Bank at its September meeting strongly signaled that interest rate cuts could be expected next month (October 1) Minutes of the meeting...
-Short GBPUSD near 1.258 -Be careful with FOMC and Brexit news.
My last analysis on this pair was right and now EURUSD reached 1.11 support/resistance zone. With this move the price has broke out the H4 chart downtrend line and arrived to 38.2% fibonacci zone. On this level the RSI is high(70%), so i think the price don't break this resistance for first try, so we can wait a little reduction before the breakout. If the...
Today EURUSD formed double bottom pattern. The price can go to 1.11 in short term.
EURTRY sell in short term. Take profit near the trend channel lower line
If we watch the monthly chart we can see Euro currency index is in a strong downtrend since the Great Recession. The price now arrived to a support zone which is the 100. In my opinion it's a psychological support/resistance level, cause 100 is a whole number. At this point the price can go upward to the downtrend line, which location is at Fibonacci's 23,6%...
-USDCAD price breakout 1.32 support zone -Wait retest to this support/resistance level and open short postion