Currency: EUR-USD
Long-Term Trend: Downtrend
Current position: 1.4154
Fibocci Retracement: 23.6% reached/ level 1.4258
Expected Retracement Point: 38.2%/ level 1.4388
Fundamental Perspective: US Economy is improving and more jobs creation signal the strength of currency is gaining momentum. However the Oil Prices might hinder this development.
Currency: GBP-USD
Long-Term Trend: Sideway
Current Position: 1.6242
Fibonacci Retracement: 38.2%
Expected retracement point: 50% /Level 1.7311
Currency: USD-JPY
Long-term Trend: Downtrend
Current position: 81.684
Fibonacci Retracement Expectation: 23.6% / Level 87.650
forex strategy | forex forecast | forex signal | forex signals | forex scalping | BCOUSD | Gold | XAUUSD | Brent Crude Oil | technical analysis | historical data
Sequence of Analysis
1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
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