4 Hours Chart
Quite powerful bullish market trend. RSI is really moving down . It is undoubtedly nearly oversold area. In this minute RSI is at 46. We realize red bearish divergence. But this is old divergence. Now slow trix is green and fast trix is red.
On An Hourly Basis Forex Graph
Very powerful bullish direction. RSI is truly heading down . It definitely is near by oversold area. At this minute RSI is at 41. We see red bearish divergence. But trixes are both already green and going up.
Real powerful bullish direction. RSI is in fact going up . It is actually close to overbought zone. In this minute RSI is at 54. We determine red bearish divergence. Both trixes are red and crossed and going down.
5 Mins Forex Chart
Pretty powerful bullish market trend. RSI is now heading up . It is without a doubt near to overbought zone. In this minute RSI is at 69. We spot green bullish divergence. But trixes were red after this divergence. And now they are finally both green and crossed.
Fibonacci Pivot Line is actually at 1,23407, and also we have open at 1,23209. Since opening we are up.
Still decent bullish trend and we are continuing to climb up. So maybe is smart to trade bullish then.
Generally vital news reports for today tend to be: at 14:30 Core CPI m/m will effect US Dollar.. We will most likely not come into a trade for the duration of the news periods. Therefore do not go in a trade at this periods: 14:00 – 17:00.
All Day EUR French Bank Holiday
All Day EUR Italian Bank Holiday
14:30 USD Core CPI m/m 0.2% 0.2%
14:30 USD CPI m/m 0.2% 0.0%
14:30 USD Empire State Manufacturing Index 41.5B 55.0B
15:00 USD TIC Long-Term Purchases 41.5B 55.0B
15:15 USD Capacity Utilization Rate 79.3% 78.9%
15:15 USD Industrial Production m/m 0.5% 0.4%
16:00 USD NAHB Housing Market Index 34 35
16:30 USD Crude Oil Inventories -2.0M -3.7M