Honoring Me With Your Up Vote...
EUR/USD is trading below its declining 20- and 50-period moving averages, which play resistance roles and maintain the downside bias.
RSI is below its neutrality level at 50 and lacks upward momentum. To conclude, as long as 1.1770 is not surpassed, a further decline to 1.1690 and even 1.1620 seems more likely to occur. Alternatively, above 1.1770, expect a technical rebound with 1.1800 and 1.1850 as targets.
On the data slate there’s UK Construction PMI; Euro-Zone PPI and UK Shop Price Index.
SELL EUR/USD @ 1.1730 OR BETTER – STOP @ 1.1770 – TARGET @ 1.1620
SELL GBP/USD @ 1.3280 OR BETTER – STOP @ 1.3330 – TARGET @ 1.3165
BUY USD/JPY @ 112.80 OR BETTER – STOP @ 112.30 – TARGET @ 113.65
SELL CL1117 @ 50.90 OR BETTER – STOP @ 51.50 – TARGET @ 49.90
SELL AUD/USD @ 0.7850 OR BETTER – STOP @ 0.7905 – TARGET @ 0.7780
SELL XAU @ 1275 OR BETTER – STOP @ 1280 – TARGET @ 1260
SELL XAG @ 16.65 OR BETTER – STOP @ 17.20 – TARGET @ 16.00
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👍 upvoted indeed
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good pictures
good information
thank you so much
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Thanks for the new update.
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For your good analysis upvote u
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Nice and useful analyse by @lordoftruth
Yes...I think eur/usd is have bearish trend today...
Upvoted...
Cheers~~~~
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Good news for Forex.
100% like and resteem
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New update bro
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Thanks for your update Forex market news.
@lordoftruth
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Gold should bottom soon, they have been endlessly ramping the USD to keep stocks afloat
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@lordoftruth,
Thanks friend! EUR/USD is really useful to me!
Cheers~
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Nice @lordoftruth and i resteem post
you.
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Thank you for the new update @lordoftruth
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thank you for the update. it's very useful
Cheers!
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@lordoftruth..
Thanks for your signals.. Let's try..☺
Upvoted and cheers..🍺🍻
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Regarding your EURUSD's signal, there is a big risk to hit the stop loss. You surely are right about 1.1620 take profit, but now the short term trend is long. Good luck!
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