Eurusd/gbpusd - page 2272
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Hey Members. I am new Here, and I don't know what to do. All I know, is that want to make big Money. Kindly help a brother. Appreciate any one who helps me start on this Journey. Thanks
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How to Start with MT5, a summary !
EUR/USD has formed a shooting star candlestick and a pair of hanging man candlesticks on the weekly time-frame, all below the resistance at 1.1910. Although the consolidation continues for now those candlesticks are a telling signal there could be an impending move to the downside.
The EUR/USD consolidation is getting tighter with each passing hour, tomorrow there will likely be a breakout and a significant movement depending on the fundamentals.
Big move today, let's see if it keeps going next week.
The fundamentals today pushed EUR/USD to the upside and the pair will likely test the previous high at 1.1910. A breakout above that level will probably lead to a further rally towards 1.2000.
Gbp/Usd has a huge gap up and currently trading just above 1.290 level after Labour policy shift on single market.
After weeks consolidation, Eur/Usd had a break out, small gap up. The pair has found resistance level around 1.1960.
EUR/USD is testing the last high at 1.1960. Unless the pair forms a double top and starts falling, it will likely reach 1.2000, maybe even break out above that level.
EUR/USD broke out above 1.2000 with ease and reached a new high at 1.2070 before bouncing off from that level. If the pair breaks out above that resistance next target is likely at 1.2100.
GBP/USD bounced off from 1.2975 after forming a spinning top candlestick on the four-hour time-frame at that level. It will likely retrace back to 1.2900, which is the (MA)89 indicator on the same four-hour time-frame.