EURUSD: Hesitation At The 1.3769/85 Area To Highlight Risk Towards The 1.3259 Low.
More bearish to expect from the pair. My advice: DON’t TRAde on Monday! Frankly speaking, the only news that attract my attention is the UNEMPLOYMENT CLAIMS on Thursday (8.30 pm). But be very careful with Friday. It’s more to expect.
Directional Bias:
Nearer Term –Mixed
Short Term –Bearish
Medium Term –Bearish
GBPUSD:Mild Recovery Sees GBP Close Higher But Pressure On The 1.6786 Level Continues To Build Up
Looking at the weekly stoch, it seems more bearish to come. If the 1.6786 level is broken, a possible low of 1.6552 can be expected.
Directional Bias:
Nearer Term -Mixed
Short Term -Bearish
Medium Term -Bearish
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