Eurusd/gbpusd - page 1023
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EURUSD
The Euro/Dollar Dropped to the Support of 1.2520, its Passing will Increase a Downward Momentum
Having opened with a gap and rising to 1.2750 last Monday, the euro/dollar failed to stay above the 27th figure, which led to the drop of the pair to 1.2557. But it returned the demand for the single currency in the market, as result it returned to its highs and tried to develop an upward trend again. But it was not successful: the current resistance proved too tough for the pair bulls. After another failed attempt to test the resistance, the buyers gave up, which led to the pair's depreciation again, as a result of which the support of 1.2640 — 1.2620, as well as the the 26th figure were passed and the euro/dollar felt the support only on the approach to the 25th figure. While the level of 1.2520 hinders the sellers attempts to break below, but the resistance of 1.2580 does not let customers to move above. Thus, the pair formed a range, whose breakdown will determine the future direction of the euro/dollar's dynamics.
GBPUSD Renko
GU again - 25 bar Renko this time to give another perspective....
best free week signals
week no. trade 24-h/5d,same no. all the week ,trade with the trend
stop out 2479 tp1 42p, tp2 28p, later week no. 2507 was signal buy---2521 tp 14p, later week no. 2521 was signal sell------
week no. trade 24-h,5d same no. all the week (week no. gu---5508, 5557, 5548, 5617)
stop out 5540 tp1 17p, tp2 8p, later week no. 5548, 5557 was signal buy-----
GU again - 25 bar Renko this time to give another perspective....
looking to short in the 1.56554 region for initial 1.54646 target (GU)
looking to short in the 1.56554 region for initial 1.54646 target (GU)
GU chart - 25 bar Renko
GU chart - 25 bar Renko
more reasons to short - in downtrent and now pulled back to resistence with Stoch hidden divergence confirmation - aggressive short now....or wait for it to turn
week no. trade 24-h,5d same no. all the week (week no. gu---5508, 5557, 5548, 5617)
olso week no. 5617 was signal buy-------
EURUSD
The Euro/Dollar Dropped below 1.2520
Yesterday, trades were relatively sluggish, but the support at 1.2520 was broken and this caused the euro/dollar's drop to 1.2470. Rebound in the Asian session on Thursday was limited by the resistance at 1.2520, and the pair went back to the 25th figure. Overcoming the support of 1.2520 considerably worsened the technical picture of the pair, but bears still need to overcome the last defense line of bulls at 1.2470 – 1.2435, and only then it is wise to talk about their control over the situation. Growth above 1.2520 will lead to testing of the resistance at 1.2580. In case of success, the pair prospects will be significantly better.
best free week signals
week no. trade 24-h,5d same no. all the week (week no. gu---5508, 5557, 5548, 5617)
stop out 5640 tp1 92p, tp2 83p
