Hello Price Action Naked Traders!
Eur/Usd closed on Friday with a “US DOLLAR WINNER session” after u.s. unemployment claims data. The pair has consolidated last week between the resistance at 1.3130 and the support area at 1.3000. For the next week I will try to understand what will happen at 1.3000 area, a daily close below this psychological zone could bring bears again on this market with target the supports at 1.2880 and 1.2650.
The currency pair Usd/Jpy broke key resistance at 94.50. In this case the movement opened the way for new upward moves. In the week ahead I will try to buy weakness, if price will go to 94.50 and will show a price action signal that indicate the possible long entry in the direction of the main trend.
Us Crude Oil
WTI oil spot market last week showed a pin candle on important support area at $ 90.00 $. Hence the price began to push upwards. The next key resistance area is $ 93.00. If on this area the price showed a clear price action short signal you might think to operate in the direction of short-term trend.
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