Euro shows distinctive bearish intentions

January 14, 2016

EUR/USD

There is a bear flag forming for the Euro – a long canvas attached to the shaft (white candle). We will be buying the pair upon the breakage on the pullback:

But if the daily candle closes with a hammer, it is possible to try purchasing from its middle:

Buy Limit 1.0845, Stop Loss 1.0795, Take Profit 1.1050.

XAU/USD

The daily chart for Gold is closing with a bearish intake (or a gap in the clouds), which is rested on the broken resistance level. In this case we will try buying the noble metal at a current rate:

Publication source
Tickmill information  Tickmill reviews

February 24, 2017
Gold surges to major $1250 resistance as uncertainty prevails
Gold surged Thursday on a breakout of its previous consolidation to hit and slightly exceed major technical resistance at $1250, a level not seen since early November...
February 24, 2017
Dollar falls as peso and gold rally
The U.S. dollar was the weakest currency yesterday as surprisingly, the Mexican peso rallied, rising 1.22% over the day against the greenback...
February 23, 2017
U.S. dollar muted to Fed minutes
The U.S. dollar index was flat yesterday after the Federal Reserve published the meeting minutes from the January 31 -February 1 monetary policy meeting...

XM Rating
Grand Capital Rating
Tickmill Rating
Vantage FX Rating
Exness Rating
FX Giants Rating

Dragon Options Rating
Porter Finance Rating
99Binary Rating
Empire Option Rating
OptionTrade Rating
365BinaryOption Rating