The Congestion Opportunities Strategy has just bought EURUSD at 1.18712. The system recommends entering this trade at any price between 1.18544 and 1.1888. The signal was issued because the 28-hour Relative Strength Index indicates that the EURUSD may be overbought, while the Speculative Sentiment Index reading of -1.13066 indicates that...
EURAUD is facing bearish pressure, potential for downside
Prices are facing bearish pressure from 1st resistance level , in line with horizontal swing high resistance, which coincides with 78.6% Fibonacci retracement as well as 50% Fibonacci retracement . Prices might push down to our 1st support level which is in line with 61.8% Fibonacci extension , 127.2% Fibonacci...
EURAUD is facing bearish pressure, potential for downside
Prices are facing bearish pressure from 1st resistance level, in line with horizontal swing high resistance, which coincides with 78.6% Fibonacci retracement as well as 50% Fibonacci retracement. Prices might push down to our 1st support level which is in line with 61.8% Fibonacci extension, 127.2% Fibonacci extension as well...
GBPUSD is facing bearish pressure | 8 Mar 2021
Price is facing bearish pressure from our descending trend line and we could see a further drop below this level. 20 EMA is showing signs of bearish pressure as well, in line with our bearish bias.
GBPUSD is facing bearish pressure | 8 Mar 2021
Price is facing bearish pressure from our descending trend line and we could see a further drop below this level. 20 EMA is showing signs of bearish pressure as well, in line with our bearish bias.