Updating chart from last one targets are still the same, 8490, 8350, 8300
A short is being suggested and with three target points in mind. First would be 8490 for a no risk trade, 8350 for a higher profit gain with little risk and third target of 8300 which will reach the cloud and this one is with a lot more risk than the other two. Good Luck to all!
Waiting until open but we could see a reversal in $CYCC and reach a possible price of 7.54
Let's see if we can get it to 1.13402 this week atleast, all of the signs are showing in terms of logic and reason
Long time since my last post for sure but lets get down to the business. In the long run I would got with short on this one, it is the weekend though so waiting for open next week is your best option and really only option.
Witha double bottom on the EN we could see this rise as high as 1.6450 before potentially retracing back to 1.6376
With a double bottom we could see this rise to 1.6450 possibly if it continues to break RL of both long term and short term
With a possible double bottom on EURNZD, we could see it reach back up to 1.645
After a huge reversal shown at the start of May and we have already broken one of our four Moving Averages and having a possible break on one more Moving Average we could see this continue to move upward
EU is stuck in a channel right now topping at 1.14119 and bottoming out at 1.13926 Won't see any change really until Eurpoean and/or US markets open tomorrow
EU target here is 1.154 and if we can see a strong signal from the RSI and BStoch, we could see even 1.155
Waiting on the Bollinger Bands to contract with each other and from there we will be able to determine if the EU pair is going to drop or gain for a week long term.
After a long drop by the EU early yesterday and another drop earlier today with a new drop on its way it is clear to see that this will be a great short to 1.12'and maybe even further
Short against JPY looking strong, it's bound to keep dropping, just a hiccup in its drop but bound to keep going down.