Technical Commentary: In Weekly Chart :- Last week EurUsd was fail to break the key resistance level and Closed on lower side with Engulfing pattern and so this week we can except on selling side from key resistance level to key support levels :- which we have shown in attached image.
In Daily chart :- EurUsd was trading above the key support level and closed as bearish engulfing pattern and its trading with upper trend line so we can sell near key resistance level and we can except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line and so we can sell near key support level of horizontal line and except upto next key support levels or we can sell upper trend line :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line and so we can sell near key support level of horizontal line and except upto next key support levels or we can sell 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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