Mr-Iaco

Mr-Iaco Updated 

Look for breakout but before could be a new low or a correction. $$ Updates soon

Mr-Iaco Updated 

I expect at least one other low before trendline's breakout. $$ Updates soon

Mr-Iaco

Wait a correction before buy, I have designated two possible zone where the price can make a correction. $$ Updates soon

Mr-Iaco Updated 

The bearish trend that started 27March could begin a correction in the vicinity of the monthly support (1.50) but it could also break it and retest area at 1.36-1.37. Go short right now is very dangerous, you should be very patient, and see what might happen. $$ Updates soon

Mr-Iaco

There are two opportunity for long position : breakout of first trendline, then you can increase your long position with breakout of second trendline and move your stop loss (of first position) to breakeven. $$ Updates soon

Mr-Iaco Updated 

Wait a correction or trendline's pullback to buy with a good risk-reward. $$ Updates soon

Mr-Iaco Updated 

Technical analysis suggests a downtrend, but for the parity of this currency there are many macroeconomic aspects to analyze. This is an idea, we'll see what happens. Have a nice weekend ! $$ Updates coming soon

Mr-Iaco Updated 

Good opportunity for short position, look for price action near monthly resistence or wait trendine's breakout. $$ Updates soon

Mr-Iaco Updated 

Most likely is ended the correction, so I expect a new bullish impulse with first target weekly resistence. $$ Updates soon

Mr-Iaco

Wait a clear price action and trendline breakout before buy, I expect that the market retouches daily resistance (about 51.00). $$ Updates soon

Mr-Iaco Updated 

Look for price action in the current zone (0.77400) or for the cautious wait the breakout of trendline, first target zone is the blue rectangle and second target zone is near "hourly support" (about 0.7600). $$ Updates soon

Mr-Iaco Updated 

The market seems to have formed a "head and shoulders" pattern, so it could show a good opportunity to sell. $$ Updates soon

Mr-Iaco

The market is near weekly support, so a signal of price action could confirm a new bullish impulse, if weekly candle closes below this weekly support I expect a strong bearish impulse. Next week will give us answers. $$ Updates soon

Mr-Iaco Updated 

The key point is understand if the bearish trend since 12 March is an impulse or a correction of bullish trend (24Feb to 12March). If this is a bearish impulse I think that most likely the market can break weekly support at 118.000 and then can touch price near 116.000, instead if this is a bearish correction I will look for price action in the green zone before...

Mr-Iaco

I think that is more probable that it makes another low before a new bullish impulse (reds arrows), but I have designed another possible development with breakout of trendline (blue arrow). Next week gives us answers. $$ Updates soon

Mr-Iaco Updated 

Look for breakout of trendline , I expect a new bullish impulse but there is a strong resistance at 148.000, so if there will be the breakout, I will set the first target below that resistance. $$ Updates soon

Mr-Iaco Updated 

After the bullish impulse of yesterday caused by Fed there is a clear retracement, so I look for price action in the green zone to ride a new bullish wave. $$ Updates soon

Mr-Iaco Updated 

The price has reached the trendline, look for breakout or bounce. I think that is more probably that it bounces , so I wait a price action signal before buy. We'll see what happens. Good week-end traders! $$ Updates soon