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stop out 6452 tp1 32p, tp2 be, later week no. 6443 was signal sell-----6423 tp20p
50% stop out 6420tp 23p later day point 6420was signal buy-------, 6450 tp 30p
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week no. 3740, 3750 was signal buy-----------
stop out 3785 tp145p, tp2 35p,
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stop out 3785 tp145p, tp2 35p,
later week no. 3750 was signal buy------
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later week no. 3750 was signal buy------
day point eu--3760+up trend, 3753+-up/down trend 3746-down trend, gu---6432- down trend, +up trend,6439up/down trend, 6446+up trend
All is within predictable ranges and direction for now. Without any significant news today we might expect a sideways market today
GBP/USD
The British pound also rose against the dollar yesterday; the dynamics of the British currency showed more impressive strengthening rate than the euro.
New highs allowed the price to consolidate above the level 1.6430. But as the growth of the pound is not supported by the volumes, the corrective pullback to support 1.6430 is expected.
EUR/USD
Euro continues its upward trading. Obviously, the European Central Bank supported the euro when it did not change the monetary policy and left interest rates unchanged. Last week, the U.S. unemployment rate significantly dropped while the Non Farm Payrolls reached 208,000 vs. 180,000.
long positions after the breakdown of the resistance level 1.3750 with stop-loss at 1.3725 and 1.3800 as a target are recommended.
later week no. 3750 was signal buy------
stop out be ,later 3750 was signal buy------
()stop ot 3771 tp21p
day point eu--3760+up trend, 3753+-up/down trend 3746-down trend, gu---6432- down trend, +up trend,6439up/down trend, 6446+up trend
day point 6439, 6432 was signal sell-------6400 tp1 39p, tp2 32p
day point eu--3760+up trend, 3753+-up/down trend 3746-down trend, gu---6432- down trend, +up trend,6439up/down trend, 6446+up trend
day point 6432(+-6-9p)enter 6425 --sell-----