EURUSD fell
sharply yesterday after the prices filled the gap from a week back around
1.3050. In fact, pair turned lower after only three wave bounce from 1.2842
which was a clear bearish sign for the pair once prices moved close to lower
support line of a corrective channel. As such, EURUSD is back on a bearish
track so looking for lower levels makes sense. In fact, market has room for
much deeper levels if we consider that pair could be at the start of an
impulsive back wave 3 that is part of a wave 5). Reversal zone for current minor
pull-back comes in around 1.2900-1.2920 where broken channel line may act as a
resistance.
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...

-
EURUSD reversed sharply lower yesterday from 1.3200, clearly in impulsive fashion beneath rising trend-line from 1.2745 and as well as ...
-
We are sure that stocks traders have some very good time these days when markets are up day by day. We were successfully tracking this impu...
-
Gold is very slow these days and quite tricky on the 4h or even daily chart. In situation like this we need to focus on time frames where ...