Support the ECS community: get more free analysis like this and also receive LIVE and CAMMACD module for free by joining XM broker via ECS: https://www.elitecurrensea.com/trusted-brokers/xm-review/#xm-special-offer-review The EUR/USD broke below the key support zone at 1.1430 and is now aiming for the next target at 1.13-1.1350. The current bullish price action is probably a pullback as long as price stays below the daily high. Also the GBP/USD showed strong bearish price action but is now currently moving up. This could also be a retracement within the downtrend and this video discusses key resistance levels that could be part of a wave 4. Check out our premium offer when trading with XM via ECS.
This article shows two videos. The EUR/USD + GBP/USD summary is the second video:
- Get the best offer from Chris, Nenad and Elite CurrenSea by joining XM broker with 500 euro deposit in October 2018 via ECS. Use this link to sign-up (important).
- See our EUR/USD, GBP/USD video of 25-27 October 2018.
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Check out the video below for the full analysis and trade plans on 25-27 Oct 2018:
- EUR/USD, GBP/USD technical analysis
- Review of patterns, trends, key S&R levels
- Explanation of potential trade ideas both up and down
- Beginner friendly, explaining concepts in more detail
EUR/USD, GBP/USD video: