Breakdown and analysis for Thursday, breakdown the Dollar momentum, EURUSD and GER30 - Looks like a bearish bias for EU today inline with Strength on the Dollar.
We have lots of factors going on here, after a rally in one direction (down) especially a sharp one like we've seen this week we would expect a return rally... Confluence of support and weekly trend line makes this a great area for a trade, we have divergence on the RSI and increased volume through the ATR... I've taken one risky trade as it gave me a 10:1 which...
Entered a small position on this one, caught a few pips, will be adding to it on the retest of the lower yellow resistance...
Looking out for a LONG signal, depends on price action and a couple of area's to test and reject... we shall wait and see...
This one may carry on for a while, on its way up to support, should be an easy 60, MACD and EMA's all lining up to push this one higher...
This will be lovely when it develops, get onto it anyway you can, watch for price action...
Broken resistance and trendline, watch this one go right through, may pull back first...
Will be watching for pullbacks to load this one up... Trailing the stop loss...
Possible pullback or may go straight through, will be watching for strong price action...
Easy few pips here, wait for bounce or solid downward price action...
Broken trend, higher highs and lows, take it up to next resistance for TP!
Should be an easy few pips here... up to psych level at 70.00... We've had some higher highs and lows on the hourly and a nice 4h pinbar most recently.... enjoy...
Going to keep riding this wave, more pips to come by the looks of it.... nice tight stop on this one as well... enjoy...
Either get into this now or wait for the pull back, is likely to pull back, I've put one on now in case I miss it and will hit another if it pulls back... short 20 pip SL with potential 36 pip gain...
Nothing between the current price and next support... enjoy... easy pips...
Should be an easy 100 pips here... 2 small pinbars emerging... Bouncing off resistance and trend line... enjoy...