Already IN as EURUSD and GOLD Should bulls manage to reclaim 1.3200, we will see them target 1.3250. 1.3300.!
I would expect a bullish bias in case of bounce due to a number of potential support levels at R1 - fibo 0.76- M.line Pitchfork.
The euro had reached the intermediate trend lineSupport , and that could trigger a bounce up ... Today is gonna be the Mother of All Boring Market Days!
British economic reports coming out today will be worse than expected, which will increase the pressure on the pound.
BUY THE RUMOR, SELL THE FACT Also coming up today and tomorrow are important days form the UK`s perspective as we see BoE Gov speak We expect any news to the contrary to have adverse effects on markets.!!!!!
Bulls managed to breach 1335 / 36 level last week.!! we would see some upside come into the market with targets at 1340, 1345 and 1350.
Should bulls manage to capture 1.1750, we would see them target 1.1250 and 1.1300
Gold is looking interesting as it has stalled on direction of 50% fibo. RSI + MA are showing us a possible bullish momentum. A close above 1360 would see bulls make a run for recent highs and beyond with interim targets at 1370, 1380 and 1390. FX spread BO EOD call option Let's see...
Of course head on ( NFP ) Bears might be stronger near-term !!!!! Gartley pattern has formed 1hr chart, Retracements that yield the most reliable reversals are the .618 at the B point and the .786 at the D point (PRZ) Breaking above 1.11 would cancel the bearish bias and the pair would probably rise to 1.1130.. Let's see interesting situation.!!!!!!!!!!!
Any break above this level could drag USDCAD toward the next targets Today's news (US nonfarm payrolls) Will likely decide the fate of the looney and whether it can break out of the 1.2900/ 1.3000 range it has been stuck in
Waiting for reaction and good Opportunity to Sell and Buy Watch the price action and read the order flow to this level today Short first and then Long This H.P can display rapid price action movement, often resulting in fast reversals at the PRZ.
Sometimes the price will re-test the lows a third time after which we refer to the pattern as a triple bottom
H4 in the following chart, you can frame the performance of EURUSD from post Brexit collapse on, with Fibonacci retracements which show that the counter-movement has been pushed up to exactly half of the last week's collapse The resistance at 1,116 rejected down the pair, the listing of which is in a narrow consolidation phase enclosed between the moving average...
for 3 times the price has not been able to break the obstacle of resistance as Ema200 I think this is will be good time 4 bull momentum
Audjpy H&P as formed, Price already bounced in front on FIBO level Technical indicators support a further uptrend, with the RSI of the lower part, while the MA has already crossed for a bullish signal line. Low volume, Just waiting for some Up momentum 1T 0.76 2T 0.50
Should the pair rise beyond this level, further appreciation again toward 1.1220