Hello All,

EUR/USD
Daily Chart

4H Chart
Analysis

Based on daily chart, we can see that it already break the 38.2 Fibonacci's line and it show strong continuation signal but based on 4h daily chart it's trying to break 161.8 Fibonacci's line. So I think it will go down after it can break 161.8 fibonacci's line.

Forecast

Day Trader : Down
Swing Trader : Down

Recommendation

Day Trader : wait until it break 1.4849 then Sell
Swing Trader : Sell, TP: 1.4450, SL :1.5080





USD/CHF

Daily Chart


4H Chart


Based on daily chart, it already break the 38.2 Fibonacci's line and it show the strong continuation signal then based on 4H chart it also break the 161.2 Fibonacci's line. So I think it will go up.

Forecast

Day Trader : Up
Swing Trader : Up

Recommendation

Day Trader : Buy, TP: 1.0930 SL: 1.0834
Swing Trader : Sell, TP: 1.1080, SL :1.0580

That all for today