Hi all,
We notice on the Daily chart of EUR/USD that the prices did not succeed in breaching the main key support level of 1.3054 within 6 attempts in six days and the rest of the prices are trading within the Ichimuku cloud .
Today we expect the prices to rise to the 1.3194 level , should it succeed in breaching up this level, the next target would be towards the 1.3246 level and as we notice in the same chart that the prices have succeeded in forming the double bottom at the 1.3032 level which supports a more bullish trend .
However , we draw the attention of our dear clients to follow today economic news that would change the direction of the market with a correction phase, but the general trend of the market remains bullish.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
We notice on the Daily chart of EUR/USD that the prices did not succeed in breaching the main key support level of 1.3054 within 6 attempts in six days and the rest of the prices are trading within the Ichimuku cloud .
Today we expect the prices to rise to the 1.3194 level , should it succeed in breaching up this level, the next target would be towards the 1.3246 level and as we notice in the same chart that the prices have succeeded in forming the double bottom at the 1.3032 level which supports a more bullish trend .
However , we draw the attention of our dear clients to follow today economic news that would change the direction of the market with a correction phase, but the general trend of the market remains bullish.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter