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EUR/USD pair remains on the downside while scaling the lower Bollinger band, calling for acceleration to the downside.
RSI has fallen, indicating continued downward momentum for the year. In case the pair breaks 1.1810 on the downside, it should target 1.1780. Only a break above the key resistance at 1.1880 would bring about a bullish reversal.
Oanda’s Stephen Innes thinks further buying will be capped as not many in the market have the inclination to carry an open position into the holidays given the risk of the Catalonian election result blowing up into a crisis.
On the data slate there’s German Consumer Confidence; Switzerland Leading Indicator; UK GDP; UK Total Business Investment; US Personal Income; US Personal Spending; US Durable Goods; US New Home Sales; US U. of Michigan Sentiment; US Kansas City Fed manufacturing Activity and US Baker Hughes US Rig Count.
SELL EUR/USD @ 1.1850 OR BETTER – STOP @ 1.1905 – TARGET @ 1.1780
SELL GBP/USD @ 1.3375 OR BETTER – STOP @ 1.3440 – TARGET @ 1.3275
BUY USD/JPY @ 113.10 OR BETTER – STOP @ 112.60 – TARGET @ 113.80
SELL CL0218 @ 58.10 OR BETTER – STOP @ 58.70 – TARGET @ 57.00
SELL AUD/USD @ 0.7720 OR BETTER – STOP @ 0.7760 – TARGET @ 0.7630
SELL XAU @ 1269 OR BETTER – STOP @ 1275 – TARGET @ 1250
SELL XAG @ 16.15 OR BETTER – STOP @ 16.60 – TARGET @ 15.30
What You Know About --> Fibonacci Retracement in Trending Market.
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upvoted done
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your post always helpfull forex trader. thanks for share @lordoftruth
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thats like a great post..
thanks for sharing...
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thank you friends have shared, play in forex is also very fun comrade.
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thanks for share useful post.good topic and great information.
upvoted and resteem
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@lordoftruth sir
I'm always waiting for ur this fx analyse post..
Bcz...I'm small fx trader...hahaha...
Thank U so much for Ur accurate fx signals...and I'm surely try ur Eur/usd Signal today...
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Great post! Well substantiated information in forex market.thanks for sharing.
upvoted and resteem
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Amazing work @lordoftruth
Upvoted and resteemed
Please try upvoting my blog out once it would really be appreciated
Thanks
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good post...thanks for sharing your update [email protected]
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upvote and resteem your post
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I can't agree more with you.Your word alone is powerful. It's one of the reasons why I write. To influence people... to motivate them... through writing and the things that I like. Before Steemit, my words may be powerful but they're not spread that much... but here on Steemit, people all over the world read, understand and become inspired. Being able to share my thoughts through writing means a lot... and it being spread to more people is overwhelming. Somehow, in my little way... through the words I put into writing, I have made a difference. It doesn't end with me, though... All Steemians are doing their best, too. it's a network of like-minded people. I'm really glad how my motivational series gets attention from people. I hope they can learn something from it. By the way, your feedback is much appreciated as always... Being a great mentor and someone I look up to, your words are very powerful for me...
I can not but resteem this post
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This post has received a 2.97 % upvote from @booster thanks to: @lordoftruth.
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good update thanks for sharing regularly :)
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