Technical Commentary: In Weekly Chart :- Last week EurUsd was Closed on higher side with bullish candle and its closed below the resistance 1.1100 levels of horizontal line so this week we can except upto key resistance level :- which we have shown in attached image.
In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance 1.1100 levels so we can sell near key resistance level of horizontal line and we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading below the upper equidistant channel line and trading below key resistance level of horizontal line and now its trading in the triangle pattern and now its trading near lower trend line, so we can buy near key support level and except upto next resistance levels or If lower trend line breaks means we can except on selling side :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading near lower trend line so we can except on buying side from lower trend line upto next key resistance level of upper trend line :- which 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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