Technical Updates

Tag Archives: Forex Trading

EUR/USD Today Bullish Target 1.3247 Leave a comment Read more »

EUR/USD Today Bullish Target 1.3247

The Euro intraday still moving above 50SMA, Elliott Wave structure show up wave 4 correction to wave 5 forming. RSI indicate in bullish mode, the declines today above 40 level as bullish mode support.


EUR/USD Can Broke Below 1.2872? Leave a comment Read more »

EUR/USD Can Broke Below 1.2872?

The Euro failed break 2012.09.17 high on 2012.10.05 now bearish sideway. Yesterday, ECB president Draghi speaks brought the market below 1.2950 level. The pivot is 1.2872 if continue to decline, we…


Dollar Index Will Rally to 80 Level by Strong US Data Leave a comment Read more »

Dollar Index Will Rally to 80 Level by Strong US Data

The closed candlestick was trend reversal are above major support, we will saw the price upward above 80 level. Even though payroll growth was weak, this was a much stronger report than the last fe…


GBP Construction PMI Will Let GBP/USD Gain 1 Comment Read more »

GBP Construction PMI Will Let GBP/USD Gain

GBP/USD moving choppy today but major trend remain bullish scenario, let take a look at my 1h chart below. GBP Construction PMI coming, If break above channel we will saw the target at 1.599x level ..


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