Price has bounced off a Support zone in Day chart and Bulls are expected.
The month chart indicates price is on a Strong Support line and the Hour chart is near Major Support so I expect Bullish movement. The only drawback is the Day chart which indicates Bearish so give caution to this trade.
All signs point towards bearish movement on Month, Day and Hour charts
The Moving Averages on Day chart are closing so close to snapping to a downtrend, maybe I am a little too eager to get in on this.
Using Support and Resistance levels looks like a temporary retracement in progress but expected to be bearish soon.
Price looks set on going down and breaking through recent resistance has been futile.
Bearish pattern well conformed, looks like a temporary retracement on 60 min chart good place for entry.
Bullish pattern in progress on Month, Day and Hour charts.
Nice downtrend formed. Entry: 107.2 SL: 107.45 TP: 106.45
Price is bouncing off Major Resistance zone 0.8783 - 0.8787 Entry: 0.87610 SL: 0.8810 TP: 0.86110
Price has settled above the Day Minor Resistance and upward momentum expected to continue.
Nice bullish trend on the 1 Hour chart with little retracement. The Day chart also indicates a bullish movement up towards Day Strong Resistance Zone 0.939 - 0.940 Entry: 0.87740 SL: 0.8749 TP: 0.8849 Keep an eye on price and move SL up to a profit position if T1 is hit, move it to T2 if T1 is hit and final TP is T3.
Price has struggled to move further up just short of the Day Resistance zone 1.268 - 1.2700 so a move back down is expected. Entry: 1.26612 SL: 1.27112 TP: 1.25112 Keep an eye on price and consider calling off trade at each Target level also bring the SL to 1.2658 if price reaches T1.
Price has bounced off the Day Minor Support zone 0.864 and could rise back to Strong Resistance zone 0.940. Entry:0.8735 SL: 0.8685 TP: 0.8885
Price has bounced off the Day Minor Support zone 0.864 and could rise back to Strong Resistance zone 0.940. Entry:0.8735 SL: 0.8685 TP: 0.8885
The Month chart indicates Strong Support zone 0.77 has held, the Week chart indicates Strong Support zone 0.77 has held. ENTRY: 0.78686 SL: -30 Pips TP +30 Pips
Minor Resistance zone has been created on October 1st and could be tested again thus becoming Strong Resistance at which point, a trade will be formed for a bearish move down to the Minor Support.
Price hit Minor Resistance zone (110) before falling back, it has now begun to climb again, the zone could be retested at which point it will be declared Strong Resistance.