Wait for price to test demand zone down below to go long, Long @ 0.68634 Target: 0.69914
Wait for price to test demand zone to go long, Long @ 0.66164 Targets: 0.67520 and 0.68908
Price might retrace back down to 1519.72, Long position @ 1519.72 Targets: 1558.26 and 1635.33
Shorting @ 108.566 if price tests the supply zone around 108.566-108.882 Targets: 107.256 and 106.203
Short opportunity if price tests the 0.89223 and shows some bearish evidence to the downside, with potential targets at 0.88128 and 0.87465.
Waiting for price to test the supply zone at 119.001 and showing some bearish evidence to short the pair, potential target at 116.88. If price breaks above the daily supply zone, trade cancelled.
On the monthly chart, we expect price to continue moving all the way up to the monthly supply zone at 110.94. On the daily chart, price is trading above the 20 moving average suggesting a continuation of a bullish momentum. Price tested the daily demand zone around 106.63-107.07 and moved higher, we expect to see it reach the 109.33 supply zone by the end of this...
On the weekly and daily charts, price is ranging caused by the overall market uncertainty in the forex market. If price manages to break above last week’s high, then our next weekly target would be to test the 1.0106 level. On the daily chart, price is trading above the 20 moving average suggesting a possible bullish continuation. Price might break above the...
On the weekly chart, price retested the demand zone at 1.3214 and closed above it, but failed to break last week’s high. On the daily chart, we expect price to move higher to test the 1.33310 supply zone. If price breaks below the 1.3208 level, then it will go all the way down to the 1.3168 level before showing any bullish signs of recovery. tradingforexhub.net
On the weekly chart, we expect price to test the supply zone at 0.6390 before continuing to the downside with a potential target at 0.6049. On the daily chart, if price manages to close above the 0.6450 level, then the next potential target would be around the 0.6691 and the 0.6824 levels. tradingforexhub.net
On the weekly chart, price is moving lower to the weekly demand zone around 0.6685-0.6725 and still trading below the 20 moving average. The next potential weekly target would be to test this demand zone and reverse back up. If price fails and closes below the 0.6685 level, then we expect to see price testing the 0.6554 level down below. On the 4 hour chart,...
On the weekly chart, we see that the British pound is struggling to show any signs of recovery as price is still trading below the 1.26 price levels. If price tests the monthly demand zone and starts showing some bullish evidence, we might see a breakout above the 1.268 and 1.3008 levels. On the daily chart, price is trading below the 20 moving average. We expect...
On the weekly chart, we still have a bearish sentiment in the euro zone. Price is still trading below the 20 moving average and closed below the 1.0964 level. Price might reverse back up, as long as it doesn’t break below the 1.0829 level. On the daily chart, price might continue down to 1.0885 level before moving up to test the daily supply zone at 1.0993 level....