Technical Commentary: In Weekly Chart :- Last week Eur/Usd was closed above the key resistance level 1.0720 levels and its closed like hammer pattern so further we can except upto next key resistance level 1.1000 and 1.1100 levels,
In Daily chart :- Eur/Usd was broken the equidistant channel lines on upper side and now the pair is trading above the key resistance level of 1.0720 so we can buy above the 1.0800 levels.
In 4 hour chart :- Eur/Usd was broken the triangle pattern on upper side of key resistance line 1.0800 level.
In 1 hour chart :- EurUsd was broken the upper trend line and key resistance level 1.0780 so we can buy near intraday key support level 1.0780 for the target of 1.0890:- We have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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