Hello, we have the beginning of a new month.Let's see what the market is telling us ...
EURUSD has made their goal to support 1.36573.It may be the beginning of the correction for further upward movement.Or break the resistance level and continue growing without stopping.The next target for future purchases 1.38444.Sales should be considered carefully, becausethe trend is up and there is no confirmation of the start of a correction Price Action Patterns.
On Friday, the price dropped again to the lower boundary of the triangle.Next we can expect: Either the continuation of the downward movement after correction.Either the price will bounce back and will try to escape to the top.It is recommended to refrain from engaging in transactions until a clearer picture.
At the lower boundary of the descending channel formed Pin Bar.Perhaps the beginning of the upward movement.The next frontier for the correction in the area of 0.91663.Shopping consider carefully, becausedo
Price formed a regular pin-bar on the level of resistance.It is recommended to consider buying, with the immediate goal of 1.04708.Sales is not recommended to treat.
Price held a strong level of 0.84286, and stopped at the last High area from which started the downward movement.Likely developments: Continued upward movement with the immediate goal of 0.85407.Or the beginning of correction, after which continue the upward movement.
Bulls again, was not strong enough to seize the direction.Most likely, the bears force prevails, it is recommended to consider the sale with the immediate goal of 0.99094.From the purchases should be avoided.
Price EURGBP pair came to the border of the descending channel formed on the monthly chart.Shopping is recommended to close or transfer to B \ Y (break-even) near the border of the channel or the level of 0.87772.For sales recommended to wait for confirmation of the start of a correction Price Action Patterns.
EURJPY continues to upward movement.The next target for purchases 130,075.Can a small correction of the level of 127,667.Sales considered irrational.
USDJPY continues to upward movement.The next target for purchases 94,813.Sales considered irrational.
Gold has not been able to determine the direction.But the overall picture is likely that bears more force.It is recommended to consider selling to the immediate goals to the level of 1641.85 or below the area of 1625.04.Alternative scenario: The passage to the upper boundary of the channel.