Recommendations: SELL 1…
EUR/USD: will the euro fall?
BUY 1.1845 SL 1.179
TP1 1.1945 TP2 1.2
TP 1.1625 TP2 1.155
On the daily chart, EUR/USD keeps forming “Spike and ledge” pattern on the basis of 1-2-3. The break of resistance at 1.1845 will increase the odds of the uptrend’s resumption. On the other hand, successful test of support at 1.1655 will open the way for a correction towards the lower border of the uptrend channel.
On H1 EUR/USD keeps consolidating within the “Widening wedge”. Return of the pair towards 38.2% and 23.6% of the wave 4-5 creates a condition for correction.
Recommendation: BUY $1327 SL $1312 TP $1357 TP2 $1395 On the daily chart, XAU/USD is under control of bulls, at least until the pair’s trading above $1306 an ounce…
Recommendations: BUY 0…
USD/JPY has posted slight gains in the first half of past week as political tumult over Trump's obstruction of justice subsided…
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…