Price anomaly. Volume increased but price was kept at the same position.
Respeting important Fibo point. If price will keep up, I think should probably make a W that touches the weekly channel
Great possibility for such a great return. Volume shy going down. Fridays usually are a little bit crazy to balance the week.
Great probability to go up. 1-2 risk relationship. Divergence everywhere. Nice probability trade
Usually this kind of divergence is good to predict price bounce backs.
USD getting stronger in other pairs and GOLD historically should go down in February.
CAD pair usually coorect on Fridays. USD seems to get strong soon again. Nice high probability trade
USDJPY seems to be tired going up and shift of momentum seems already happened.
GBP should get weak soon. AUDUSD and EURUSD both going down. The inbalance gap should balance soon.
Bulls looking shy. Price at strong quarter point. EURUSD failing to go up. USD might get strong again and AUD has to bounceback. So, high probability to go down now.
Since AUDUSD is looking to bounce back the bulls hit that just had, and EURUSD was shy for two days trying to get up, I think GBPUSD might still have another hit to the downside.
EURUSD is likely to make a big huge W on the weekly timeframe. Price getting to the bottom and good 1R 2R risk is available. Even we can tween trading for a 1R 3R. I am entering right now with two trades each risking 1% of my account.
As USD got very strong for Trump escaping empeachment, AUD looks likely to join EURUSD on a good bounce back with good probabilities por 1R 2R risk. I am entering right now with 2 trades. Each risking 1% of my account.
The bounceback from 1.1 was weak according to volume. Price probably bounced back because of the strenght 1.1 has but not to break the downtrend. It is highly probable that price would go at least to retest 1.1 but I see so much strenght that could probably even break down again
Price has been in a downtrend for a long time. Usually price keeps going to a strong quarter point level like this one.
Confluence with USDJPY, DXY, and XAUUSD, show great possibility for a move up on EURUSD.