How to Catch the Bears for EURUSD?
If you hadn't realized, EURUSD has marked the end of its final bullish run last week.
GBPUSD Bottom of Falling Wedge.
As previously mentioned, GBPUSD has been undervalued for a period of time due to Brexit.
EURUSD: Rebound from All-Time Low
EURUSD fell since the beginning of February 2020 and finally found a landing ground at 1.0790. The rebound has brought upon...
GBPUSD Retest Demand turned Supply Zone.
GBPUSD failed to create higher highs on Brexit, and has since fell and broken rising trendline. Price has now retraced back to supply zone, and has been resisted twice.
EURUSD Oversold, Awaiting Retracement.
EURUSD has completed 3 waves of bearish trend over the past 2 months, with USD strengthening and climbing. As we are expecting a pullback from the Dollar, and with EURUSD being oversold at the moment, await a retracement back to previous support levels for sell opportunities.
USDJPY: Bearish Gartley at Top of Symmetrical Tri
USDJPY climbed for the 2nd day this week while trading between the range of 110 and 109.50.
EURUSD at Key Support Level.
EURUSD has been falling since early Jan after the break out of a falling channel. Price has dipped once again with US data figures to be better than estimates, and is currently retesting 4-month demand zone.
AUDUSD: Completion of Pullback After Major Breakout
While the dollar was still recovering and climbing, Aussie might prove to be stronger as employment data outperformed. It helped boost the already bullish structure of AUDUSD which had previously broken above both major falling channel and 200MA.
EURUSD 3 Waves Retracement into Demand Zone
EURUSD has been more bearish than bullish with the DXY recovering slightly. However, Price has made 3 waves of retracement, and is entering a 1-month demand zone.
NZDUSD: Bullish Bat with Rebound
Since last week, NZDUSD has broken above a 2-week falling trendline thus ending a bearish structure. A bullish bat was formed after the breakout and as the price pulled back.