The support of 1.10956 which is the 23.6% Fib retracement as well had been broken. The price was resisted at the same position of 1.10956. From technical Rsisks&Rwarding consideration: Open : 1.10695 SL : 1.11224 TP: 1.09177 RATION:2.87
UR/USD is still in the up trend in Day's Chart. So I suggest that open long order at 4Hour's support position. Open: 1.12130 SL: 1.11600 TP: 1.13900 Risk/Reward Ration: 3.34 the second target will be former high point: 1.16780
open : 1.5480 SL: 1.5435 TP: 1.5560 RATIO: 1.8
From technical analysis: 1/ the low points are continuesly going up. 2/ the high points are continuously going up too. which shows a UP TREND in day's chart. 3/ One signal has to be confirmed is whether the price could break the resistance of 0.95420 and stand steady above the 60 Moving Average lines( Deep purple ) If the price stand above the 0.95417 then we...
First taget 1102 Second taget 1108.5 Further target will be the under line of Falling Channel
BUY LIMIT: 1.5675 SL: 1.5621 TP: 1.5800
EUR/USD now is coming to finish its AB=CD patten . suggest short at 1.13800 SL 1.1500 TP first at 61.8% 1.12000 then at 38.2% 1.10500 I will also add one more short order if EUR/USD going up to next resistance of 1.14360 and remain the same SL&TP.
according to principle of AB=CD. long at 1.11960 sl 1.11500 tp 1.13820
The price is coming to the first important support position of 4hours chart. open 0.95400 SL 0.94755 TP 0.97000
with a good death cross of MACD & MAL , and the price come to position worth selling. Sell it at 0.73530 - 0.73360 . put the SL above the resistance position of 0.73530, about 0.73740. Target 0.72600. Risk/Reward Ratio: 2.04
As long as the price keep staying above the 60days MAL I persist in holding my view of buying GBP. And the 4hours' Fibo 76.4% retracement which is the supoort of 60days MAV and low points of former vibrating section worhty trying buying orders. Open: 193.280 SL 192.640 TP 195.000
we're waitting for the price to comfirm the effectiveness of breaking. The target will be the former low position of 92.900
As I mentioned 2 days aog , the price just broke the Rising Channel and it was going to test the support of 1.10200 as to comfirm the falling trend. And a new trend of descending has been comfirmed. From the side of technical analysis , it's pretty wothy selling. Open: 1.09900 S/L : 1.10970 T/P : 1.05650 Ratio: 3.97
Open : 1.10800 SL: 1.11450 TP: 1.08200 Ratio: 3.65 I've been wariting for this position for 2 weeks, and I believe it's the time to sell EUR/USD.
The most important thing is that if the price could break the support of 1.10200 as to comfirm the falling trend.
Eur/usd ia likely to test the 61.8% Reacement in 4H chart which is the falling trend line too. We' ll see what happen next week.