Hi folks today I'm prepared for you Euro analytics. A few moments ago price started to decline between the trend line and soon declined to the support level, which coincided with the support zone. After this movement, the EUR some time traded near this level and then rebounded up higher than the trend line, but soon turned around and dropped lower 1.0825 level...
Time Frame: 4H Symbol: GBPUSD Entry: 1.27053 TP: 1.26167 SL: 1.27896 Bias: Short For GBPUSD our significant bias is short. However the cost activity is battling to come to a new level,it doesn't have the vital solidarity to pivot and at last the short bias will win.
Japanese stocks rose today, Tuesday, by more than 10%, recovering a large part of their sharp losses incurred in the previous session, with a decline of more than 12%, the largest daily loss since Black Monday in 1987. The recovery of the yield on US 10-year Treasury bonds from its lowest levels in 14 months is also negatively pressuring the Japanese yen levels,...
Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 26.933. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 24.948 level. P.S We determine...