A bullish gartley is forming in this and other charts of Euro at this moment. Let's see the related ideas
A bullish gartley is forming in this and other charts of Euro at this moment. Let's see the related ideas
A bullish butterfly is forming in this and other charts of Euro at this moment. Let's see the related ideas
The pair now is finding support against the uptrend line that started it in March 13. The price didn't got break a resistance in level 1.10281 which is the 61.8% retracement after the fall since February 26. Also we can see a triangle ascending pattern that is being built. I choose a long position for the current level of market with take profit in 400 pips and...
the EURUSD it looks bearish, recently the 100 hours MA broke down to the 200 hours MA, also the price doesn't rise above level 1.08 in the last two days, as well the 38.2% retracement of the drop from march 27 is doing resistance.
The Kiwi has broke both a double bottom's neck line and a downtrend line. Now the 100 days MA line is doing resistance. If the price gets to break this MA I hope will reach a 440 pips with a long position.
The pair has breakout both the neckline and the downtrend line. Now the 100 days MA line is doing resistance. I hope a 430 pips in a long position.
A cup with handle pattern is in construction. The price needs break up at 1.1028 to confirms this pattern. Then next target will be 1.12705. Good luck!!
the pair is touching now both the uptrend line and breakout line.
The Aussie has broken supports, first support formed by zone between 0.7735-0.7750, and second support formed by channel's bottom at 0.7700. Now we can see a pullback testing these zones how resistence. Also we have the line of MM's 200H doing resistence. Likely the price goes to zone 0.7490-0.7470
The pair has tested three diferent supports: 1) CM_DC Modified (Low Channel:100) Thanks to Chris Moody. 2) Triangle Pattern's Bottom. 3) 61.8% Fib. Retracement.
AT THIS MOMENT ON THE 1H CHART, I SEE A S-H-S LONG PATTERN WITH PROBABLE OBJETIVE AT 1.2630
1.30 at sight. The price of the EURUSD shows a supported recovery since it touched flat in 1.25. It remains inside an upward channel and above the 100 and 200 hour MA, both are in upward trend as well. Probably let's see to the couple tries at 1.30 level before the month's end.
I SEE A FLAG PATTERN THAT MIGHT GIVE IT CONTINUITY TO DOWNTREND AT LEVEL 0.7600
IT IS POSIBLE THAT KIWI COMEBACK TO THE UPTREND. ALSO CCI IS OVERSOLD
PIVOT POINTS DAILY FOREX GBPUSD 10/10/2014
PIVOT POINTS DAILY FOREX EURUSD 10/10/2014
PIVOT POINTS DAILY FOREX USDCAD 10/10/2014