Hello Traders, We hit monthly H3 reversal level and reached the clean breaking point. Hence I would look for shorts next week to fill the gap formed on Friday. We should see price ranging during Asian session on Sunday night and when Frankfurt opens on Monday price will push down (might spike above Asian range though - touching the point of release).
Top Absolute Correlation 4 hrs
1 EURUSD - USDCHF -94.7%
2 EURUSD - CHFJPY 91.1%
3 EURUSD - EURJPY 90.3%
4 EURUSD - NOKJPY 84.9%
5 EURUSD - USDTHB -84.7%
6 EURUSD - USDPLN -84.0%
7 EURUSD - USDSGD -82.3%
8 EURUSD - GBPJPY 81.9%
9 EURUSD - SGDJPY 80.0%
10 EURUSD - SEKJPY 79.4%
Join FX Elite program at Pro Traders Club - protradersclub.com/ (institutional forex, industry top)
Top Absolute Correlation 4 hrs
1 EURUSD - USDCHF -94.7%
2 EURUSD - CHFJPY 91.1%
3 EURUSD - EURJPY 90.3%
4 EURUSD - NOKJPY 84.9%
5 EURUSD - USDTHB -84.7%
6 EURUSD - USDPLN -84.0%
7 EURUSD - USDSGD -82.3%
8 EURUSD - GBPJPY 81.9%
9 EURUSD - SGDJPY 80.0%
10 EURUSD - SEKJPY 79.4%
Join FX Elite program at Pro Traders Club - protradersclub.com/ (institutional forex, industry top)
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.