General Market Outlook - Developing Tops & Bottoms
I'm not officially back yet, I'm still on my break but I figure I'd post a general market outlook for you guys.
GBP/USD bounced off of the 1.682X level last week
AUD/USD broke the 61.8% fib level (0.933X) but appears to have developed another top at 0.943X
USD/JPY looks to be forming a base in the mid 101.XX region
NZD/USD hit the ascending trend line last week at 0.874X (just above my 0.873X level from before)
EUR/USD and USD/CHF may be heading to retest their highs and lows respectively, which also coincides with their broken trend lines.
GBP/USD bounced off of the 1.682X level last week
AUD/USD broke the 61.8% fib level (0.933X) but appears to have developed another top at 0.943X
USD/JPY looks to be forming a base in the mid 101.XX region
NZD/USD hit the ascending trend line last week at 0.874X (just above my 0.873X level from before)
EUR/USD and USD/CHF may be heading to retest their highs and lows respectively, which also coincides with their broken trend lines.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.