{"id":119426,"date":"2018-01-11T16:52:52","date_gmt":"2018-01-11T21:52:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=119426"},"modified":"2018-06-01T15:46:45","modified_gmt":"2018-06-01T15:46:45","slug":"eur-usd-bullish-patterns-lead-the-way","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/eur-usd-bullish-patterns-lead-the-way\/","title":{"rendered":"EUR\/USD Bullish Patterns Lead the Way"},"content":{"rendered":"
January 11, 2018<\/div>
\r\n<\/div><\/div>

By Admiral Markets<\/b><\/p>\n

<\/a><\/p>\n

As Unemployment claims are higher than expected, and PPI also failing to hit the mark, US Treasuries remain stable for now, yet the FX market leads the way, with the USD depreciating strongly today. The EUR\/USD got a significant boost following the ECB minutes which had a very positive tone.<\/p>\n

Technically the EUR\/USD is very bullish. The POC zone is formed within 1.1990-1.2000 and as long as it is above 1.1910 we might see 1.2120 and 1.2150 near-term as I already analysed on my Wednesday Live Session<\/a> as a trading idea. W pattern, trend line break and spike above D H4 are bullish cues. 4h close above W H3 -1.2055 should give another upside boost to the pair.<\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p>\n

D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n

D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Follow @TarantulaFX<\/a> on twitter for latest market updates<\/p>\n

Sign up for Live Trading Webinars<\/a> with Nenad Kerkez T<\/p>\n

Connect with Nenad Kerkez T<\/a> on Facebook for latest market update<\/p>\n

Read the Camarilla trading blog<\/a><\/p>\n

 <\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/USD Bullish Patterns Lead the Way<\/a><\/p>\n

\n

<\/a><\/p>\n

Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets As Unemployment claims are higher than expected, and PPI also failing to hit the mark, US Treasuries remain stable for now, yet the FX market leads the way, with the USD depreciating strongly today. The EUR\/USD got a significant boost following the ECB minutes which had a very positive tone. Technically the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-119426","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=119426"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119426\/revisions"}],"predecessor-version":[{"id":119430,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119426\/revisions\/119430"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}