Multiple market trade report – trading bi weekly report EURUSD Dollar index Oil trading
The EURUSD trade
Weekly chart shows price failure with the buyers moving in off of bottom closing in a hammer.
Hitting daily resistance, Inverse Head and shoulders could be forming.
Target 1.31 , Breaching trend line on the 1.2930 , Unsupported price 1.2945 to 1.2910
1 hour time frame we looking at a basing pattern breaking above the 50% (1.2960) 0f the pennant and testing the resistant daily trend line.
The Oil Trade