Long from last week at 3495, which is the lower level in the weekly noise box. Bears never get a valid cross from 3600->3495 so they have to start it over again. However, bears have setup 3460 as ST target ST, bulls indicate 3605, however a move to 3637/374x will be just normal for the bears as well. Probably there will be range playing until next weeks FOMC meeting
As expected the 1.44 area provided support , targeting 4670/4770 area
Looking for a pullback to the 709x area before 721x target. However I'm not interested to add on the long side from this area.
Still holding shorts until 3595 area has been hit. Will look for weakness in this area to 3502 and add to the LT long position If not ECB will come up with any QE, market will rally and force it to happen later this year...
Shorted this pair at 8770 and is targeting .869x area. Overall I'm bullish this pair from a lower level
Looking for the 3465 area before the "real" bounce for the 3750/383x area will be started
1.70 or 1.66, my bet is on the downside. However even if we break 6845 level I think a pullback will happen so traders can exists their short positions and enter long. My SL will be on the Daily closes above 6845
Probably bears will take off some from the table at the zone bottom (3495). I will expecting a move above the roof at the 3599 . A strong bear will close the week below 3495, otherwise they need to go above 3599 again to build momentum.
Some weakness could be seen in the price. We havent been able to close inside the bow there the lower border is at 1263.x. However a touch to the mid could be expected before a pullback/ resume the downtrend happen.
May provide a decent bounce from this area. However, longer term target is 1.41...
Prefer short position until the weekly target is hit. 1236
Short for the 667x area there I will check for next move. Proably there could be a nice Buy--> targeting 73 area. Lets see what is happen if/when we are going there
ST the 1316/17 seem to be a good place to add short for the 1298 target
Looking for a pullback to the 1298 area before higher +1351