EURUSD Breakout, chance of bullish movement, long opportunity
Buy Stop at 1322.93 TP 1326.65 SL 1318.90 Risk:Reward 0.30:0.28
1258 - 1264 is a fair price that can be touched in this week
Below its technical fair price and at its 2016 support would be an interesting opportunity
S&P 500 Rebound to 2080, should be a Buy opportunity for 1.37% profit
USDCAD 16% higher from it's Fair Price, but still has power get higher next week, trading buy for next week is possible.
It's an opportunity to take Long position from this overreaction price this week
Bullish engulfing could be a beginning of bullish trend, with 7.26% below its 5 years technical "Fair Price" (based on 1, 3, and 5 years linear regression trend), its an opportunity for Long position
Bullish engulfing occurs and supported by weekly stochastic goldencross which could be a sign of bullish trend this week
Bearish harami occurs on weekly time frame, its could be a sign for bearish along this week
bearish harami occurs on weekly time frame, its could be a sign for bearish along this week.
Stochastic (20,3,3) represent 1 month volatility shows oversold signal and price has been rebound from its 1 year support trendline. technical long for USDCHF for today until at least a month ahead
PE = 10.44 ; Forward PE = 8.15 (GOOD) EP/S (t.t.m) = 1.97 ; EP/S Next Year = 2.52 (GOOD) Book/sh = 10.04 Target Price $27
I remain SHORT to XAUUSD because of since 2006 in every march XAUUSD has 70% of SHORT probability.
I remain Short for GBPUSD nextweek because its has a storng D1 and W1 Bearish Trend, the first target is the major support (see chart) next target if get break down is something at 1.44262. My SL at a few higher than its Major Resistance
I will take SHORT for XAUUSD nextweek, the first target at major support and if break down, the next target should be something at 1.618. i put the stoploss if the OIL and stock market Price get weaker
Yen got weaker than USD it can make Nikkei will has a new high next week, the clear target is at its major resistance 19444 and if get break out, the next target should be something at 19963