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Showing posts from March, 2019

Gbpusd reversed sharply

Gbpusd has reversed sharply from the level of 1.3290$ area as I recommended in my earlier analysis today . I see a rebound from current trading area at 1.3175$ . Your target should be around 1.3240$ My recommendation is going long gbp against usd at current area cautiously.

Eurusd still bearish below 1.14$

Eur/usd made a daily high of 1.1410$ . Today's low at 1.1350$ area and the pair is currently trading at 1.1385$ area. The pair is currently testing 50% fibonnaci retracement level from the move(1.1410 to 1.1350$) .. A break above 1.14$ will resume a bullish movement. The pair is trending lower on the RSI indicator. My recommendation : selling the pair at current area 1.1385$ with stop loss on break of 1.14$ and your target should be around 1.1330$ area.