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EURUSD Forecast – Breakout Confirmed, Target $1.07825
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The price managed to continue to move up and eventually broke above $1.06736.
On Friday the price closed the day above $1.06736 resistance line which opened a door for the price for future move to the upside towards $1.07825.
If we take a look at the monthly time frame we can see the price has managed to close above the downtrend channel resistance line.
That means the price is free to move up and reach $1.07825 level.
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GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level
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The price started the week with a small bullish candle and ended the week with a small bullish candle which makes the week bullish.
Thursday and Friday candles returned the price higher and closed the week as a bullish.
The price is now inside the indecision area which the price needs to break to determine future move.
With these strong resistance levels the price will have a hard time to break above, but if the price manages to close above $1.22000 level the next target is $1.23000 which is the next confluence of resistance levels on a daily and weekly time frame.
EURUSD Forecast – Breakout Confirmed, Target $1.07825 - Get Know Trading
EURUSD Forecast – Breakout Confirmed, Target $1.07825
www.getknowtrading.com
The price managed to continue to move up and eventually broke above $1.06736.
On Friday the price closed the day above $1.06736 resistance line which opened a door for the price for future move to the upside towards $1.07825.
If we take a look at the monthly time frame we can see the price has managed to close above the downtrend channel resistance line.
That means the price is free to move up and reach $1.07825 level.
//-------------------//------------------//---------------//--------
GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level
GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level - Get Know Trading
GBPUSD Forecast – Bearish Pin Bar Risk, $1.22000 Key Level
www.getknowtrading.com
The price started the week with a small bullish candle and ended the week with a small bullish candle which makes the week bullish.
Thursday and Friday candles returned the price higher and closed the week as a bullish.
The price is now inside the indecision area which the price needs to break to determine future move.
With these strong resistance levels the price will have a hard time to break above, but if the price manages to close above $1.22000 level the next target is $1.23000 which is the next confluence of resistance levels on a daily and weekly time frame.
