In today post, I am going to update you the movement of the EURUSD and GBPUSD so that you can also make some profits from it.
In yesterday post, i told you that the EURUSD will make a down move to hit the 400 EMA before it starts to move up. You can see the picture below that the price did indeed move as per my analysis yesterday.
Yesterday Post Picture
How The Price Move Yesterday
For user of my trade copier, we have made some good profits yesterday from the down move and also the up move after hitting the 400 EMA and below are the trades. (The box area are the trades done yesterday while those above has been posted on my previous post.
If you are interested to join my forex trade copier where my trades are automatically copied over to your account even when your computer is off, you can take a look at the link below
In today analysis, I am going to share with you my thoughts on the EURUSD and GBPUSD
My EURUSD Analysis
The EURUSD will continue to move up but is currently being resisted by a major resistance. If you take a look at the picture below, you will see a yellow line at 1.18791 which is another major resistance.
When the price manages to break above that line, you can go LONG for this pair.
My GBPUSD Analysis
For the pair, it is also on a good up trend at the moment. If the price breaks above the 1.39090, you can go for LONG for this pair