EURUSD IS BOUNCING AT A SWING LOW AREA - MORE UPSIDE IS EXPECTED

EURUSD MONTHLY CHART REVIEW: The currency pair is now ticking up on the monthly chart, and a Bullish Engulfing bar is now visible on the chart. EURUSD price is now bouncing away from the lower Bollinger Band and more upside price movement is expected. Resistance can be seen at the 1.15600 area. Apart from EURUSD, other pairs are now clearly giving signals with respect to Monthly, Weekly and Daily time frames as stated below;

EURUSD, EURGBP, CHFJPY, NZDUSD, AUDUSD, NZDCHF, XAUUSD (buy signal) USDCHF, USDCAD, EURCHF, GBPCHF, AUDNZD, EURNZD, EURCAD, GBPAUD, GBPCAD, USDZAR, DXY, GBPNZD (sell signal) see Monthly chart for more details. 

USDCHF, AUDUSD, EURGBP, EURJPY, CADJPY, GBPJPY, AUDNZD, AUDCAD, AUDJPY, CHFJPY, NZDJPY, NZDUSD, NZDCAD, NZDCHF, NZDSGD, USDMXN  (buy signal) EURUSD, EURAUD, EURNZD, USDSGD, USDZAR, GBPAUD, GBPNZD (sell signal) see Weekly chart for more details.


USDCAD, AUDUSD, AUDCAD, AUDCHF, AUDJPY, CHFJPY, NZDJPY, NZDUSD, NZDCAD, NZDCHF  (buy signal) EURAUD, EURNZD,  USDSGD, GBPNZD  (sell signal) see Daily chart for more details.