Technical Commentary: In Weekly Chart :- Last week Eur/Usd was closed lower side with closed below key resistance level and EurUsd was broken the lower trend line, so its conforming for selling zone so we can except sideways movement between key resistance and key support level.
In Daily chart :- On firday Eur/Usd was closed lower side with closed below key resistance level, So further we can except on selling side upto next key support levels.
In 4 hour chart :- Eur/Usd was trading in the equidistance channel lines and its broken the key resistance level 1.1000.
In 1 hour chart :- Eur/Usd was trading below key resistance levels :- 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 | ||
We are here to help you
