Honoring Me With Your Up Vote...
EUR/USD retreated from 1.1860. The bearish cross between 20- and 50-period moving averages has been identified.
RSI advocates for a further downside. So, as long as 1.1805 holds on the upside, look for a return with targets at 1.1760 and 1.1710 in extension. Alternatively, only a break above 1.1805 would trigger a rebound with 1.1830 and 1.1860 as targets.
On the data slate there’s UK Retail Sales; Euro-Zone CPI; US Initial Jobless Claims; US Continuing Claims; US Philadelphia Fed Business Outlook; UK BOE’s Carney, Broadbent, Cunliffe, Place, and Ramsden Speak; US Industrial production; US Capacity Utilization; US Manufacturing Production and US Housing market Index.
SELL EUR/USD @ 1.1805 OR BETTER – STOP @ 1.185 – TARGET @ 1.1705
SELL GBP/USD @ 1.3180 OR BETTER – STOP @ 1.3235 – TARGET @ 1.3050
BUY USD/JPY @ 112.80 OR BETTER – STOP @ 112.30 – TARGET @ 113.90
SELL CL1217 @ 55.50 OR BETTER – STOP @ 55.90 – TARGET @ 54.10
SELL AUD/USD @ 0.7600 OR BETTER – STOP @ 0.7655 – TARGET @ 0.7510
SELL XAU @ 1282 OR BETTER – STOP @ 1287 – TARGET @ 1260
SELL XAG @ 17.00 OR BETTER – STOP @ 17.50 – TARGET @ 16.10
What You Know About --> Fibonacci Retracement in Trending Market.
If You Are New Steemain Read --> Get Started Fast with Steemit.
If You are New in Forex --> Read Forex Education Center / Volume I.
If You Feel Invisible on Steemit --> Come and hang with us.
What You Know About --> Syrian Civil War.
