Good afternoon Traders,
Today, I'm bringing a very interesting setup on EURUSD.
Technical POV: The price is testing a major support that hasn't been broken since May 2017, what means this level can press this trade into a new low around 1.05000. until the end of the year. Consequently, the rebound of this support can mean a huge BUY ...
Today I'm bringing my US30 analysis.The price is perfectly respecting the Fibonnaci key levels. We have a strong resistance, that where I aim the target to.
Also, I'm expecting a valorization of the USD after the stabilization of this trade wars between USA and China.
THE USDJPY PAIR FACED A BIG SPIKE DUE TO DONALD TRUMP ANNOUCEMENT ON USD/CHINA COMERCIAL WAR. WITH THE US PRESIDENT LOWERING THE THREATS, THE JPY PAIR IS NOW RECOVERING SOME STAMINA.
TECHINCALLY SPEAKING, THE TRADE IS FAILLING TO BREAK THE 109.700 RESISTANCE, WHICH TELLS US THAT THIS KEY LEVEL IS PRESSING THE PRICE LOWER. RIGHT NOW, THERE IS TWO PRICE AREAS TO...