EURUSD was trying to break 1.10000 when USA CPI data was announced, but it lost steam and now we have a pullback to the area below 1.09275. After the pullback it was consolidating, now the market will show if it is ready to gain momentum and break the area near 1.09550. If the market shows valid entries then go long either just below the area or when breaking...
We have reached a possible top - either explosion from here that will move into 100k or the steam has been let out and 33060 is the top. MT4 Fib expansion gives exactly 33060 as the FE 161.8 level. Here in TV the level is shown as 27372 for some reason. Also Maybe multiple has reached 2.40, see the chart - previous time when this happened there was a significant...
The US has been driving to push oil prices lower and they are succeeding, this correction should be short-lived, by the end of March we could see 48. US is increasing crude drilling and is the biggest supplier of oil to UK. As per Fibonacci retracement and levels we have limited upside for oil, this is just a correction for the bearish movement we had from October...
We have USDCHF pullback to 0,618 fib (to 0,98000). After that go long. See the chart. TP 1.00306 SL 0.97500
To me it seems GBP will test the region once more and then start strong up movement. The bears are not finished yet, but once the good news hits there will be huge bullish movement.
ETH has moved according to Fibonacci levels, so a pullback seems possible at 50 or 38.2 level. Close Long positions: Fibonacci expansion gives about 960 as TP2, for 100 level, so these levels match up at: TP1 for 860 and TP2 for 960 . Short from 960, with SL for 995 and TP to 350. Short from 860, if it fails to move above, SL for 890 and TP to 530.
Platinum has reached end of 4-th wave, and has shown signs of reversal. You can go long now or wait to see if there is additional short-term downside and then go long. Support is at 900-906, many times has it bounced back from this area. Buy now for sure thing and SL for 890; TP to 1000+. For more risky approach buy at 900 or 895, if it comes there and TP 1085.
4H Stoch is showing good time for reversal, although just for a jiffy. The 7555 support line is barely holding on, if it does, then we will see a bump to 8400 before resuming going down to 7200 and lower. 8400-8500 is just near Fibonacci retracment 23.6 area.