EUR/USD
EUR/USD stalled today as commented by yesterday analysis.The inside bar formed today may gives a clue for change of momentum in the near term given the formation just below key resistance level of 13400.We anticipate a rotation back to 13307-1.3234 EMAs zone where we can look for a vey obvious bullish setup to join the dominant momentum.
GBP/USD
GBP/USD also stalled today as expected buy previous day analysis.The weekly chart show the power of trading 50% retracement at 1.5203.We look forward for a retracement back to 1.5438 region where will look for a bullish setup to join the existence dominating trend, the next key resistance zone is 15734.
WEEKLY CHART
AUD/USD
AUD/USD continues is latest bulish runs for 4 days consecutively.The pair price action outlook at 0.9325 zone is important for the next directional moves.A bearish setup from the zone may be considered provided is protruding/obvious as the dominant directional move is bearish.
EUR/AUD
EUR/AUD rotated lower as expected after the bearish pin bar that started the run on monday of this week.It closes within the zone of the EMAs after touching the support zone around 1.4483.The next directional move will depends on the price action reactions next week at these zones.
USD/CAD
USD/CAD continues its rotation today after the aggressive retracement yesterday.The next support zone is 1.0244.
USD/JPY
USD/JPY failed to gain momentum to rally up today, thereby stalling by forming a bearish close.Given the recent bearish moves, we expect the bearish run to continue to the next key support level below 94.00 zones.
EUR/USD stalled today as commented by yesterday analysis.The inside bar formed today may gives a clue for change of momentum in the near term given the formation just below key resistance level of 13400.We anticipate a rotation back to 13307-1.3234 EMAs zone where we can look for a vey obvious bullish setup to join the dominant momentum.
GBP/USD
GBP/USD also stalled today as expected buy previous day analysis.The weekly chart show the power of trading 50% retracement at 1.5203.We look forward for a retracement back to 1.5438 region where will look for a bullish setup to join the existence dominating trend, the next key resistance zone is 15734.
WEEKLY CHART
AUD/USD
AUD/USD continues is latest bulish runs for 4 days consecutively.The pair price action outlook at 0.9325 zone is important for the next directional moves.A bearish setup from the zone may be considered provided is protruding/obvious as the dominant directional move is bearish.
EUR/AUD
EUR/AUD rotated lower as expected after the bearish pin bar that started the run on monday of this week.It closes within the zone of the EMAs after touching the support zone around 1.4483.The next directional move will depends on the price action reactions next week at these zones.
USD/CAD
USD/CAD continues its rotation today after the aggressive retracement yesterday.The next support zone is 1.0244.
USD/JPY
USD/JPY failed to gain momentum to rally up today, thereby stalling by forming a bearish close.Given the recent bearish moves, we expect the bearish run to continue to the next key support level below 94.00 zones.
No comments:
Post a Comment