sfran96

sfran96 Updated 

It's most definetely going to bounce back and sink again.

sfran96 Updated 

Looks like the EURUSD is not going to be shorting for two-three days as it needs to retrace as it's sitting at a pretty "bouncy" support line, plus it just hit the 200 MA on the weekly timeframe. The goals for the short-term long sit at the 0.382 and 0.618 FIB retracement, if it goes beyond that, of course in the long term it's going to continue growing, but I...

sfran96 Updated 

Personal idea. Retracement after hitting MA.

sfran96 Updated 

Plus overbought. Possible retracement to closest resistance @ 1.2946. The release of the UK's budget and the USA CPI tomorrow could make the fall steeper or reverse it, so trade with caution.

sfran96

Oversold USDCHF in weekly horizontal channel.

sfran96

As we can see we have already touched the trendline support, multiple times. So it's about time to go long.