Only charts

 Bears have been dominant on eur/usd since mid October , , However , there is a new bullish trendline is in formation since mid November after finding the low at 1.1210$. Those who have been trading euro for the last 3 years , will definitely recall that famous resistance and support area in early 1.12$ and it has proven its reliability once again. Euro rallied on friday after Non farm payroll report which missed the forecasts while unemployment cam flat at 3.7% , However , the bearish trendline stood still against this rally and euro gave back those pips to fall again to 1.1390$ from 1.1425$ . Euro may find support again at 1.1330$ area where it may meet the red bullish trendline . On the upside , breaking the bearish trendline will open space for retesting 1.1520$ again. I recommend going long again from 1.1375$ area .

Eurusd is trading currently at 1.1635$ , up almost 50 pips from last night close. As recommended earlier last friday , long the euro to 1.20$ , however I will be advising short term trades as well , all of them will be on the buy side ofcourse , because you can not against the flow. Keep following for updates. The low on the day is 1.1578$ , high is 1.1645$ , the pair is currently testing a bearish trendline and it has to be broken before the euro continues its rally towards 1.20$ Next strong resistance is 1.1740$ which acted as 4 tops , and we have strong support at 1.1540$ .... Maybe we will trade the 200 pips for one more round but i really doubt it . I expect tge break of 1.1740$ next time it is gonna be tested.

Gbpusd has made several tops at 1.3440$ and reversed to 1.3250$ currently. The fall was initiated by draghi , the head of ECB lowering growth forecast from  2.4% to 2.1% and keeping interest at all time low. Brexit negotiations are ofcourse the main blame or fame for any move in Gbp/usd Technically speaking , 1.3250$ is very important support for the pait and if broken , the pair will be terribly bearish and might head towards 1.3080$ area . On the upside , 1.3340$ is a tough resistance for the pair .

The pair has support around 1.1690$ area and resistance at 1.1820$ area. Bound by a declining trend line on the 1 hour chart with three lower highs and horizontal support at 1.1740$ area. A break of 1.1740$ , we might see a flash fall to 1.1690$ before recovering back and breaking above the trend line.

At the beginning of the week , i recommended selling the euro after closing the gap on monday at 1.1935$ The pair hammered to 1.1716$ , my recommendation was to book profits at 1.1770$ , Now I recommend going long at current levels between 1.1735-50$ targeting 1.1770$ , 1.1830 and finally 1.1890$  ... Any close below 1.1730 area would send the pair to 1.1650$

Cable / sterling is not able to close any 4h candle bove 1.3210$ , despite the 300 pips rally..the bullish is losing strength and we might see a reversal to 1.2980$ area .. If the pair manages to close above 1.3210$ , then we will be heading to 1.33 and beyond. It is recommended going short anywhere near 1.32$ targeting 1.3130$ , 1.3060$ and finally 1.2980$

Euro has been rallying since the winning of macron over le pen . Closing above 1.0780$ then cleared the path for eurusd to 1.14$ and then tackling it to reach 1.1770$ so far. Would we see any retracement for the pair anytime soon? You can not tell and going against the trend will always put you in bad positions . So , technically euro would find support at 1.1703$ followed by 200 MA on the hourly chart which currently lies at 1.1650$ followed by the famous 1.1580$ On the other side , next resistance lies at 1.1740$ , followed by 1.1770$ and then multi year low 1.1860$ Fundamentally speaking ,the eurozone is still recovering and the pair is trading at fair value .

That will be the trade for month of June , Possible good correction for #eurusd from multi month high not seen since before Trump winning presidency. On Weekly chart , You can see the pair reversing from bearish trend line. So , it is good to go short at current level around 1.12$ with Stop loss on weekly close above the trend line. The target of the correction will be around 1.0930-1.10$.... And there is a gap not filled yet between 1.0720-1.0820$ , So it might be targeting to fill this gap.

EURNZD broke bearish trendline as shown below on 23 sep. at the area of 1.5420 , the pair has been also forming an uptrend line which it broke yesterday at 1.5420 as well . The pair is currently testing the former bearish trendline at 1.5230 , if that line holds , we might get back to 1.5540 area soon which if conquered , we will be trading at 1.59 area. However , we might see a war between trend lines in the coming days . I will keep you updated . I am currently long at 1.5270 targeting 1.5540 with stop loss on daily close below 1.5170

I am looking forward to see #eurusd trading below 1.08$ over the coming weeks. The pair is still unable to break above the trendline from 1.1640$ , the pair just touched the line today at 1.1220 to prove this area to be tough resistance before falling back to 1.1160$ currently. The pair has strong support line coming from 1.0520$ , so area of support lies at 1.1000$- 1.1060$.. Selling the pair is highly recommended with stoploss to be executed on daily close above the trendline. For the targets , first target lies at 1.0790$ area , while second target lies at 1.0520$ . Happy trading !!!