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What should be expected?

The market has shown no strict trend this week due to several reasons, but the analyzing of reasons is not the aim of this post. The previous movements of the market seem to be still valid but in longer time frame. At the same time the potential movement has decreased and now needs some time to gain the dedicated targets. So we predict the markets to wait for bond and Gold vs USD. And after that, this weekend or in the beginning of the next week, some heavy jumps are expected.

check the following image , EURUS,H1, unsuccessful passing of 1.4000
EURUS,H1, unsuccessful passing of 1.4000

Price interaction with 1.4000 level

and somehow the same scenario in GBPUSD :
scenario in GBPUSD

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  1. billy says

    your strategy seems good.



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