We had two open short positions on the currency pair. But, it seems the USD decided to reach the proportion Euro 1 to 1. Judging by the dynamics of the trend, that can be done. The last time this price happend in 2002. History repeats itself. Therefore, everyone who has an open short position is recommended to stay in, until you reach level 1,0000. And those who now wants to open a long position is recommended to refrain from undue risks to be on the way.
Downtrend is coming to key number 1.5200. Earlier, Bears were stopped on this level. Let's see if the level will withstand the pressure. Average MACD below the zero line. The oscillator Force Index below the zero line, but in the correction. If the level of support is broken, you should follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 1.5190 Take Profit Level: 1.4982 (208 pips) Stop Loss Level: 1.5248 (58 pips) If the price rebound from support level, you should...
We’ve simply been witness to the classical currency pair triangle. Amplitude of the price fluctuation becomes progressively smaller. The triangle usually appears to be a figure of trend persistence, so we join the bears. The price is above the moving average 20 MA and 200 MA, which indicates an upward trend. The MACD froze in anticipation. The oscillator Force Index in the zero line. In case of break through of the resistance level the following recommendations are: Timeframe: H4 Recommendation: Long Position...
Kiwi presses and presses. The price reached the last support level, after it there is no obstacles. It is almost like, that the beers are ready to jump with price off the "balcony". Average MACD below the zero line. The oscillator Force Index below the zero line, but in the correction. If the level of support is broken, you should follow recommendations below: Timeframe: D Recommendation: Short Position Entry Level: Short Position 1.4765 Take Profit Level: 1.4280 (485 pips) Stop Loss Level: 1.4869 (104 pips) If...
Aussie can not go out of flat for a long time. After such a long bearish trend, bears still do not have the courage to go to strike again. Average MACD below the zero line. The oscillator Force Index below the zero line, but in the correction. If the level of support is broken, you should follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 0.7751 Take Profit Level: 0.7612 (139 pips) Stop Loss Level: 0.7791 (40 pips) If the price rebound from support level, you...
