Price has completely obliterated the fib level and found support ABOVE the top of the fibbonacci graph... Boe is quiet until the 4th of July which means NO CHANGE in the status of the yen until then... for now nobody should be in short positions I'm holding since last weeks market open closed positions too early but got right back in and up almost 1600 pips on this pair
Price has completely obliterated the fib level and found support ABOVE the top of the fibbonacci graph... Boe is quiet until the 4th of July which means NO CHANGE in the status of the yen until then... for now nobody should be in short positions I'm holding since last weeks market open closed positions too early but got right back in and up almost 1600 pips on this pair
I've been buying since market open on Sunday that's alot of buying pressure and it's still going up 🚀 no signs of slowing Bulls are in control
I stayed up 18 hours marking key levels and monitoring this pair, I'm pretty sure nobody has more markups than me but anyways next week eurusd is buying strong, there will probably be a little resistance on market open but it's going up going long going wide 🚀
As you can see there seems to be an overall uptrend with a rising wedge being formed, a little overall consolidation area, and a couple different support and resistance zones, THIS IS NOT FOR THE WEAK lol
Currently at 74.00 on the RSI for 30m and 72 on the 1H TF indicating it's overbought... time to sell the news
I'd like to think that it's bearish but right now according to technicals every TF above 15m is strong and very strong buying pressure, according to stochastic RSI there is Also buying pressure for the next 2 hours as you can see it is resisting to sell below the range of .05668 as it had been retested over 4 times and it Spikes up every single time.. on the next...
every technicals chart is STRONG sell...the pair is very BEARISH and according to the monthly parabolic there is a fresh downtrend, don't be fooled by the fake outs, 1.0327 is a very strong support as far back as 2018... the level just retested that point and is looking to break it.... the stochastic rsi is also indicating bearish movement on every time frame...