Below 1.5220 Trend bearish all time frames.
Expect coming hours new test suport area 1.4880 ( bearish formation last hours) but if close hourly above 1.5030 expect 1.5074 possible extension to 1.5110.
Possible bearish pattern - wedge need confirmation with a close below 1.4930 Target 1.4877 again.
Resistances : 1.4985, range [1.5018,1.5030] and 1.5074 the last resistance 8 pips above first resistance daily chart.
Click to zoom in. Good Luck
Nothing new today - another high.
Head shoulders underway. Target Head shoulders 6050 follow this scenario above 5740.
Suport: 5650 and 5690, 5740 and 5838 (add today lows).
Stay bullish above 5838 short-term. Close hourly below 5838 expect/target 5740 possible extension to 5650.
Last cross EMA Bullish ( reversal today again).
Indicators short-term extremely overbought bearish divergence last two highs need confirmation with close below 5838 ( hourly chart)
Resistance 5964. Good luck..
Below 0.9330 ( daily close expect the same pattern that we had end of the year), and must important below 0.9387 ( weekly close) expect reversal coming session.
Short: between [0.93,0.9320]
Target: 90.50 and 88.60
Stop Position
50% close daily > 0.9360
the rest close daily > 0.9410.
Racio: Profit/losses interesting
This can be a consolidation to push this cross above 0.98 area but stay alert resistance weekly chart between [0.9360,09387].
Click to zoom in. Good luck..
1129 Key number coming hours of trading. Above 1129 nothing new, trend it`s your friend just can expect print next resistance area.
But stay alert bearish divergence last high need confirmation with a close below 1129 ( hourly chart)
If we have confirmation (close hourly > < 1129) target 1123 possible extension to 1110.
Resistance: 1145,1153,1158.50 and 1167
Good luck.
