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We have broken triangle with false breakout on upper line. Moreover price has pullback and test lower line in order to confirm and continue travel to 1.13.
Ridmantas's Blog
EURUSD
Quite obvious EURUSD chart. Recently it should reach 1.15 zone and move bellow it to a new lows.
In addition Main moves of the week/month is down. Currently no options to long.
In addition Main moves of the week/month is down. Currently no options to long.
EURUSD
For EURUSD we have broken triangle formation with primary target its main diagonal length after breakout. However, we have support low of the year which can hold for sometime, but most likely as currently USD is going strengthen it will be changed to down as well.
EURUSD
I am kindly waiting EURUSD weekly extension to downside. Then I have prepared to grab longs near the lowest price of the March
EURUSD
EURUSD started first day of the month with main move to south. Currently am preparing trader to short side, until in till reach bottom levels where it will be reconsidered to load longs.
EURUSD
EURUSD should continue movement to south, below March lows. Then, I will be watching on it if it will stay on 1.22 or not.
EURUSD
EURUSD did not extend monthly range which is bellow average. Seems like it wants to go down, which would confirms increase of USD interest rate. Bellow marked short and long term targets, which most likely will be reached within next month.
EURUSD
Sequences of the price movement represents following big moves of the next week to the targets, depends which direction will be "decided". Currently I have loaded short positions at 1.2367 with SL above previous week high. Therefore my short targets are bellow Low of the month around 1.2080.
EURUSD
EURUSD is moving to important level near lowest price of the month and possibility to change main move of the month to down. I will be watching closely and will load longs if price will decide to pullback.
EURUSD
EURUSD is comming close to low of the month. Will be looking closely if it will pullback without changing main move of the month or not. Till Main move of the month is not changed I will go with long positions.