02 Jun Weekly Forex Review (June 3 – 7 June -2019)
Weekly Forex Review
GBPJPY: It’s Still Have Target Under 135.500 and no indicator for going Up till now. My Recommendations Sell With Good Price I’m waiting near 135.500 to 135.400 I think good area for buy.
If you want daily profit then you can join with us and get 95% profitable trade always. For more info about our paid group > inbox us or select our service package Click here Forex Signal, Forex Trading , Forex Best Signal Provide
EURUSD will most likely approach a falling trend-line ,looking left, we see that identified vertical resistance matches perfectly with horizontal structure resistance on the left. So, for us, the area around 1.119 is a very good zone to sell the market. Initial target around 1.116. Second target 1.113.
The price bounced from the support zone at 0.65000 level. At the same time, we got a trend reversal signal based on a bullish divergence and the breakout above the downtrend line, which confirmed the trend reversal.
RSI confirmed the price reversal from the support zone . MACD lines and histogram support further upward movement. DMI is bearish and confirms trend market conditions. But ADX line falls and allows opening long trades.
If the price breaks the local swing high, it will give us a new buy opportunity with stop orders below the support level and the local swing low. Profit targets should be placed at the nearest resistance levels.
You can Signup in our website and get 1 week free Signal and life time Price action analysis.
If you want daily profit then you can join with our Paid Group for more info Inbox us.
We Provide you 90% accurate Best Forex Signal , Forex Signal Service every day. So join with us and enjoy green pips every day.
Good luck Traders.