Tight range and anyway we will face some impulse way out of this rather sooner than later :))) Have a nice w/e ahead.
EURGBP has similar tech setup within WW theory as fiber and in my view market still targeting 0.9 after some retrace. TTFN.
While everyone mainly bearish on GBPJPY pair ... I want to show some alternative view of this act. TTFN
Next week trading levels we can spot as key level at 1.13 region with expected bulls interest to reach 1.1549-53 as the main target. On the other hand if we loose 1.13 then next support expected at 1.12016 TTFN.
Deep waters ahead and clear 3 targets. It will stop only at 931 seems.
Will try to catch bottom but carefully... TTFN.
Key lvl 1.1331... will closely watch it on daily close mainly. Today holidays in NA, markets open, but liq are sure on the low side. Some surprize from Italy and we can start what nobody expect already. Under 1.13 bearish anyway, but I see somekind of WW number 6 here. In any case apply your own strategy and money management rules. Cheers.
USD smash all other curencies across the oceans, but higher tf are still in conflict modes. In my humble opinion it is only 4h tf shows clear direction, where 96.07 and 96.40 are sell lvls atm. I think it is too late to buy usd if you are not in trade and time to fix usd longs if you are still in... Good luck. TTFN frnds
Still very lazy trading ahead of september. Technically this all about 1.1744 lvl and still works as good resistance. Some consolidation atm with attempts to go higher? but hard to imagine also that too far.
Well Draghi always hate eur seems as a currency, but after yesterday one way ticket to the south we can try to indentify lvl where it is more or less ineresting to sell not to be the last fool who pay for all this. Broken uptrend chanell on 4hTF looks like as the best target for bulls and nearly ideal setup to go short from 1.1686-1.1731. Only daily close above...
What to describe here... Still in uptrend channel, but need to go futher above 1.1837 not to lost momentum. Loose of 1.1774 will be crucial for uptrend.
Any violation of 1.1728 to the downside deny bullish story...
Please apply your own plan in any case.
Friday sharp break under 1.1646 was clearly a trap and s/l hunting story. Above 1.1717 eurbulls shud try futher upside theme with first minor resistance at 1.1793 followed by 1.1821 and 1.1849
This last tick under 1.1646 seems like a trap...
China shows some support to eur as a currency for reserves so we have some minor bounce from deep sea water. Key level i m h o 1.1747, close on hourly tf above shud lead to a some correction, which can be a little bit sharp due to only 1.1826 is the first resistance. Untill we stay under 1.1747 market is bearish with first target at yesterday lows. Some bears...