So yesterday givin you all profit rite ? Ok then, yesterday is passed already. When you are traders, pass is pass, future is your determination . Everyday is a new day for you. You have to analysis and forecast the market, focus and dont chaos ..
What today in Fundamental Analysis ... ?
Oh..so today will have big movement rite ? Since have ADP Non- Farm Employment
Change...The thing is, USD gonna be Bullish while this Fundamental happen
Ok now, let see what we have on charts
EUR / USD
Chart patterm : NON
Trend : Bullish - Trendline will touch the highest and extreamlly bearish after that, So during ADP EU will bearish
MACD : what we have here is the Convergence on Chart and Divergence on Oscillator- It stongly support our forecast that EU gonna be bearish for today movement
Stochastic : Already overbought
GBP / USD
Chart patterm : the chart soon will form Double-Top. So nothing much options we have unless park your order either at previous high or at arrow that i draw(breakout down)
MACD : is decreasing on red color - so to confirm that strongly bearish movement, please be sure that next red histogram appear under 0 level
Stochastic : It strongly support the chart gonna create double-top
Ps : Other word is please be make sure your stop-loss for GBP/USD since they are volatile
Happy trading !!
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