Previous view: Odds of a bull continuation are high, stay bullish and buy at any low point while we don't break the support zone or 0.98601 bottom level.
Actual outcome: Prices were side ways with a test of the strong institutional level 1.00000 and forming a daily doji bar.
Actual view: 1.00000 top level attempted to be broken after a sharp bull trend. Prices are still subjected to a bull pressure. Odds of a bull trend continuation are high.
Possible targets : @1.0100 (+100pips) and @1.0200 (+200pips).
Advice : Stay bullish and buy at any low point while we don't break the support zone or 0.99500 bottom level.
Correlated pairs : USDJPY (89.6%), XTIUSD (88.5%), EURCHF (89.2%), XAUUSD (-87.9%).
We are more likely to experience a strong bull spike with the USDJPY , EURCHF and XTIUSD pairs. In fact a bullish trend on USDCHF may announce an incoming bearish trend of XAUUSD , actually under sellers pressure.
Actual outcome: Prices were side ways with a test of the strong institutional level 1.00000 and forming a daily doji bar.
Actual view: 1.00000 top level attempted to be broken after a sharp bull trend. Prices are still subjected to a bull pressure. Odds of a bull trend continuation are high.
Possible targets : @1.0100 (+100pips) and @1.0200 (+200pips).
Advice : Stay bullish and buy at any low point while we don't break the support zone or 0.99500 bottom level.
Correlated pairs : USDJPY (89.6%), XTIUSD (88.5%), EURCHF (89.2%), XAUUSD (-87.9%).
We are more likely to experience a strong bull spike with the USDJPY , EURCHF and XTIUSD pairs. In fact a bullish trend on USDCHF may announce an incoming bearish trend of XAUUSD , actually under sellers pressure.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.