TRADING
TIPS :
The EURUSD pair
achieved new breach to 1.0890 and attempts to build support base
above it, which reactivates the correctional bullish scenario on the
intraday and short term basis, opening the way to achieve gains that
its targets begin at 1.1005 and extend to 1.1120, which represents
61.8% Fibonacci of the last bearish wave that appears on image, which
hints the importance of monitoring the price behavior when reaching
this level, due to its importance to detect the next destination on
the longer term basis.The EMA50 supports the expectations to rise in
the upcoming sessions, while stochastic negativity might cause some
sideways fluctuation before resuming the waited bullish bias, which
will remain valid and active unless breaking 1.0890 level and holding
below it.
RECOMMENDATION:
BUY
GBP/USD ABOVE 1.4370 TARGET 1.4390 1.4420 SL 1.4340
SELL
GBP/USD BELOW 1.4300 TARGET 1.4280 1.4250 SL 1.4330
RECOMMENDATION:
BUY
EUR/USD ABOVE 1.0950 TARGET 1.0970 1.1000 SL 1.0920
SELL
EUR/USD BELOW 1.0900 TARGET 1.0880 1.0850 SL 1.0930
0 comments:
Post a Comment