GBPUSD
TRENDS
Short term: STRONGLY BEARISH
Underlying: SLIGHTLY BULLISH
MY OPINION
BEARISH UNDER 1.2934 USD
MY TARGETS
1.2631 USD (-0.0064)
1.2418 USD (-0.0277)
MY ANALYSIS
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions...
EURUSD
TRENDS
Short term: STRONGLY BEARISH
Underlying: SLIGHTLY BULLISH
MY OPINION
BEARISH UNDER 1.1069 USD
MY TARGETS
1.0856 USD (-0.0091)
1.0638 USD (-0.0309)
MY ANALYSIS
The strong short-term decline in EUR/USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance...