NZDUSD pair has been trading inside a broadening triangle pattern since starting of May, it seems like close with bearish movement at the last week of the month, might me it will take of from the price of 0.58500.. this week we can expect a bearish rally ..
Euro against dollar pair traded within the price limits for the last one month or so, and clearly visible this week the pair will look forward to go high with the last week closing candle little off the floor, also a triple bottom pattern formed .. from the price action analysis view , bulls have the upper hand this week.
when it goes high, it may finish with...
This pair, last 2 weeks its been moving inside the box , after May started its expected to go up but in contrast, gold against dollar pair is moving sideways.. after the strong bullish move from 1483 on March mid to 1747 on April Mid. and it clearly get itself into a accumulation zone.
I am not surprised if this moves in the similar way for the coming few weeks...Thanks
EURUSD setup indicates in favour of bearish momentum in the upcoming week, It looks like to retest the resistance level which have been maintained from 2017, it moves towards the price 1.05 down.. short term sell signal could be from 1.07976 to 1.06950 sell signal
GBPUSD is fails to break the strong resistance level of 1.25000, Price under the control of bears and it clearly shows the path towards down , this week it may touch the price of 1.20000 and further more, hope it will turns up from 1.19 price...
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