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Retracemnt

EURUSD: Clean & Concise - Where To?Hello everyone, Looking for runs up above 1.16870 but before we seeing any runs above 1.16870 - I am looking for Euro to slide into 1.16702 to 1.16802 (10 pip range) From that range, Euro should drop into 1.16360 trading below 1.16425 which is a key low. If we do not trade to 1.16360 and price seems to stable, consider a run above 1.16870 without any retracements. However, I am thinking we will go below into 1.16360 and go to .870 GLGT. If my thoughts change I will update.
Long
by CurranSotomayor
Weekly market breakdown: DXY analysis DXY showed bearish dominance towards the end of last week due to declining NFP results, which led the price to test a key external trendline, however, if the weekly candle closes above the trendline and sustains this level it's likely that price could make a correction towards the anticipated price region of 97.30-97.60 which is supported by the fib level of 50% to 61.8%. fundamental agenda may validate this price behaviour due to trump lifting the tariffs against Mexico goods and services, this could help soften sentiment around the economic uncertainty due to a trade war between the US and China. however long term projections may be bearish due to 98.00 being a key barrier in which candlestick behaviour has shown many weekly rejections around this region suggesting that a more bearish reversal may be imminent.
TVC:DXYShort
by danresdidualfx
GBP/NZD Bullish King’s Crown FormationFor the past 2 weeks we've seen the price of GBP/NZD retrace to 61.8% level. But the price still keeps making Higher Highs and Lower Lows. MACD turns up. This is Bullish Crown Formation for turning the mid term from bearish to bullish (resuming to the bullish long term). Now is the perfect moment to get in a Trade. Buy: at 2.2900 (61.8% fib retracement level) Stop Loss: 2.2400 (Below the Swing Low, if price brake that level trade invalidation) Target: 2.5200 (127.2% fib extension level)
Long
by KPeykov
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