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EurUsd has hit Daily Resistance at 1.4399 and now it’s time to Sell and ride down to Weekly Support at 1.435

Not much…

EurUsd is inside of a Descending Triangle between Daily Resistance at 1.439 Even and Weekly Support at 1.4344

Sell and set your stops at 1.435, if a break occurs there Sell again and set your stops at Monthly Support 1.432

Pictures Below,

NZD>NOK>AUD>CAD>EUR>DDK>SGD>CHF>GBP>SEK>RUR>HKD>MXN>ZAR>USD>JPY

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Eur/Usd can’t get pass Daily Support because it’s too strong and is simply “Sliding” against it. Daily Support is very bullish as Monthly Resistance is right up at 1.337.

What I have learned about my Isolation strategy, is when there is Full Support and Less Resistance, the price seems to correct that ratio by navigating away from the Full Side and create more of the opposite barrier. Vice Versa with Resistance.

At the moment I assume that Eur/Usd is trying to Create Daily Resistance which will later on turn into WeeklyResistance.

Buy and set stops to 1.3275, and set limits to 1.337

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SELL, Eur/Usd has hit monthly Resistance and is now bearish somewhat.

Next target is Daily Support at 1.327 and beyond.

The reason I say Beyond is because Daily Support is on its 5th day, whereas thursday it will change into Weekly Support. Well in my theory 2 Weekly Supports cannot exist at once, therefore Eur/Usd is in course to correct that. Before thursday is over with, Daily Support will find a new low to match and stretch back to where Weekly support started(4/22 at 1.288)  or cancel out. That new LOW would have to be 1.31 Even or lower.

Sell, Sell, Sell.

Pictures Below,

Hello everyone,

The site is okay and holding.

EurUsd is at a breaking point…

Will it drop or rise? Is the Question.

At the moment EurUsd is inside of a triangle at 1.433. Since Yearly Resistance is only 50 pips away, and Daily Resistance is holding up strong; my only forecast is EurUsd will Break Daily Support “Again” and ride down to Monthly Support by the end of the week at 1.42(Even)

Any Questions? Drop a Comment.

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Eur/Usd has hit 1.42 and some…

What should we do now? Buy!

Eur/Usd not only hit 1.42, but it hit Monthly Support also. Yearly Support is now at 1.278 and Daily Resistance is up at 1.435

Eur Zone Gross Domestic Product is Coming up at 13:00, Buy and set your targets to 1.435

Pictures Below,