WEEKLY ANALYSIS AND TRADE IDEA OF EURUSD, EUR JPY AND S&P 500!! Forex Analysis by Price Action - 0 EURUSD IF EURUSD ABLE TO PASS THE PRICE LABEL1.18110 THEN IT COULD GO EVEN HIGHER TO THE LABEL 1.18500 OR 1.19000 !! Eurusd has been performing a rocket bullish trend from the label 1.05220 to 1.182980. It is 13 hundred points above the pips bullish rally! Over the last 4 months, it has been moving higher and higher! And now eur usd fully intact the bullish trend with perfect momentum also. Last week eurusd has broken a previous daily resistance label 1.175000. After break the resistance eurusd was gone to 1.182980. But eurusd gets some pullback to the last broken resistance level and takes this level as new support. Eurusd price is consolidating this old resistance to become a new support level. And eur usd pair in daily and 4hour chart makes trend continuous pattern. So, eurusd could be a buy entry after price breaks the label 1.18110 and sets the target 1st 1.18500 and 2nd 1.19000!! EURJPY- A BUY ENTRY IS READY IN EUR JPY PAIR!! Eurjpy fully in up trend as per daily and weekly chart and the bullish momentum is so high. At this moment there is A BUY ENTRY IS AWAITING! So, after the market opens, you can take a buy stop entry. BUY STOP AT PRICE-170.621, TP-171.770 SL-169.850 US S&P 500-VERY POSSIBLE TO GO EVEN HIGHER TO MAKE ANOTHER NEW RECORD PRICE HIGH LABEL!! The US index 500, after breaking the previous record high of 6148.000, has also gone higher, reaching 6288.68, and making a new price high record! US 500 holds its uptrend bias and bullish momentum high yet. We are seeing in the daily chart a bullish continuous pattern. So IF the US 500 is ABLE TO PASS THE price label 6289.68, THEN IT COULD go up another 100 pips, LABE, L AND make another PRICE HIGH RECORD!! Share on TwitterTweet Share on Pinterest Share Share on LinkedIn Share Share on Digg Share