There is a breakout on a falling trendline and EUR bulls are charging back once again. Already have longs ready. Ready to add more positions before and find more support to break the resistance level?
What to Expect from Tonight NFP? THREE SCENARIOS!
Above shown three different set of arrows (Three Different scenarios )
Scenario 1 (Green Arrows) >WAY better than expected NFP report (Bullish)
Trend line continuation. USDJPY may have a spike and retest before a rejection from the major psychological level of 114.5 before going back down to trend line...
Time for a 61.8 Bounce again? Wait for a breakout!
The previous time it bounce of the 61.8 Fib can the GBPUSD do this again?
A break below this level will send the pound way below. ELSE its quite obvious isn't it? :)
While most of you (Including me) :) are profiting from the shorts.
EURJPY Since to have a hard time closing 38 FIB.
Still bearish overall but do keep a lookout fellas!
EURAUD seems to be consolidating and not just this pair. Most EU Cross pairs seem to do the same too.
This means Bulls and Bears are fighting at this point.
Who might edged out a win?
Watch my previous Post on my previous days analysis.
Seems like most EUR traders are waiting for the ITALY BUDGET NEWS later on today at 16:00 G.M.T (12AM SGD TIME)...
Prediction analysis for EURAUD.
This is my detailed analysis on my previous short ideas for EURAUD. Do comment and give me your views too. Thanks.
#1 Trend line broken. found SUPPORT at 38.2% Fib.
#2 Pair Retest forming double tops. (MAY FORM TRIPLE TOPS if 61.8% don't hold)
#3 Rebound at 61.8%(Possible Resistance) after touching major support level.
#4 Watch...
This pair has been rallying for the past few days. We finally see an end to this rally.
Could the bulls make a last push to form a H&S?
This is such a great setup seeing how the pair could rally again to form a H&S at the resistance of the trendline which is near the 61.8 and 50 Fib.
You bet I got my eye on this one forming a H&S forming an perfect entry for...
