I reckon that a top was already formed at 1.4010, Next move down will target 1.3700
The main trend remains Bullish for a break at 1760, but I reckon we may see a test lower at 1680 area during the week before basing for higher. The is valid for this week only
Daily bullish flag support at 1677 should hold in the coming weeks for a move higher. Resistance at 1753, a break will turn the picture higher for 1875 long-term
1.3760 is a channel base line, Should hold in the coming days for a push higher towards 1.3880, possibly 1.3980.
a close above 0.5250 on daily basis would confirm the break of the triangle. Near Targets would be: 0. 5700 and 0. 6500 in a weeks a head.
1.3780 to limit the down side in the short term , a push higher towards 1.4000 is favored in the short term. Biase will remain higher above 1.4000 for 1.4250 area in the coming weeks .
A right shoulder maybe in process. Neckline at 1.3860, chance to break for 1.3820 later today.
Gold built a base at 1770 A rally is in the process for an attack at 1875 In the coming 2 weeks.
GBPUSD looks heavy, preparing for a pull back towards 1.3760 then 1.3680 into next week
GBPUSD Seen the Top Target Period : 1 week Direction : DOWN Target at : 1.3480 Longer term remains Beraish. Note: This scenario is valid for 1 week only and is considered canceled after touching the target.
Bitcoin Direction : DOWN Target Period : 1 month Targets at 31700 - 24500 - 21200
GBPUSD Forming A Near-Term Top for a retest recent lows and then 1.3400
GBPUSD Intraday DOWN Target Period : 24 hours Direction : DOWN Target at 1.3420 Note: This scenario is valid for today only and is considered canceled after touching the target.
Ethereum Direction : DOWN Target Period : 1 month Targets at 950 - 730
Intraday EURUSD Direction : UP Target Period : 24 hours Targets at 1.2250 - 1.2270 Note: This scenario is valid for today only and is considered canceled after touching the target.