EU broke daily descending channel and made a pull back (bullish flag) forming an ascending channel on H4, indicating long for the next week.
EURUSD broke our descending channel impulsively towards the downside, meaning we will be anticipating in a new trend, currently we have a small ascending channel in form of a bearish flag, which seemed to be broken down indicating the activation of the 90%.
USDJPY breaked our ascending channel impulsively on daily chart indicating the activation of the 90% rule. Target (short) 400 pips+
EUR/JPY has reached the 55-week moving average at 128.21. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to stabilize above the 2020- 2021 support line at 127.31. Negative bias while below 130.25/55 “EUR/JPY has reached the 55-week ma at 128.21 and is seeing a small bounce higher, directly below here lies the 127.94...
We are in a bearish trends in trends, look for selling opportunities.
EUR CHF is in a Bullish trend, look for buying opportunities.
Gold broke the descending channel to the downside,wait for a retest the enter a sell trade
A formation of a Bullish trend. Buy nasdaq after the break of the correctional phase.
EURUSD is forming a Bullish trend on H1. We see an impulse and a correctional phase forming a Bullish flag on eurusd h1 and we're expecting an impulse to the break the correction to upside, for confirmation of the bullish trend we see a head n shoulder pattern on H4 timefrime. Best time to buy, wait for the break of the correction phase!