Here is what I think: 1260-1340 and maybe 1470(doubt it ) For long term I will sell near 13 for 09. Reverse signals will be strong so for now I don't see any which means we are keep going up. Average time between levels 6 months. No major political events except brexit on the horizon, which means market will rely on economic performance data between E and U. Will try to buy near 1160 again if it happens, if missed I will be looking at 1205 on retrace. Good luck guys. Stay Green this week!
Joined May 2014
Status: Full Time Trader
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EURUSD H4 - Important Levels
Hi folks.. new week new opportunities.. wishing you all the best..
Blue channel pivot against black channel pivot, 1.1191 keeps price up.. 1.1203 pushes price down.. We need more distance between pivot lines and momentum which would allow to break above or below one of the pivots..
For now the picture is slightly bullish, especially as long as price flows above 1.1175 level (it is the area of 10 EMA). Nothing to trade here atm.. therefore see you after London opening..
Welcome all to a new week,hope weekend was great?.
Bulls still in charge in bulls land and may see price go higher step by step,with bear pull backs along the way up.first target 1.1220....., then 1.124x
Joined Feb 2010
Status: Future wave Anylist
I switched to long, I see gold just pulled back to 61.8 should get a nice jump up in price now.
Euro close to that 1.1228 61.8% line, can be a reaction and chance to short and cover I'm hoping.
Get longs covered while we're up there and get that short hedge on is my strategy here.
I'm long GBP, AUD and Gold