Hello Price Action Traders.
Eur/Usd, in the week just passed pushed up from 1.3180/1.3200 support, keeping always with a daily closing above these levels. Next week could be important for the arrival of 1.3400 key resistance level. Obviously only the bullish break of 1.3300 area would give confirmation to my analysis.
The pair Gbp/Usd is in a clear up trend from the lows of July 9. The price is well set to go toward the 1.5600 key level. The bullish breakout of 1.5440 would give even more confirmation to my bullish short-term vision.
Xag/Usd – Silver
The Silver market is in a bullish phase in the short term after the sharp declines of the last few months. The price formed a Pin Bar Thursday, which, however, failed because the price pushed in intraday session below it. At the end of the session the market came back still showing rejection of $ 19.80 area supports closing at 20 $ for the week end. The bullish break-outs of 20.40 area would confirm the possible upside in this market.
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