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DailyFX Home /
Forex Technical Analysis /
Forex Candlestick Summary
Forex Candlestick Summary
| Symbol | Trend Bias | Time Frame | Candlestick Formation | Candle Bias | Chart Links |
|---|---|---|---|---|---|
| EUR/USD | bullish | daily | View Chart | ||
| USD/JPY | bullish | daily | View Chart | ||
| GBP/USD | bearish | daily | SHOOTING STAR | bearish | View Chart |
| AUD/USD | neutral | daily | View Chart | ||
| USD/CAD | bullish | daily | View Chart | ||
| NZD/USD | neutral | daily | View Chart |
EUR/USD Long Position Profit Booked
EUR/USD Technical Strategy: Exit Long Position
Final Profit / Loss: +93 pips
We entered long EURUSD at 1.2934. Prices have now taken out rising trend line support set from early March, hinting at further downside ahead. We will book profits here and look for opportunities to re-enter the position in the days ahead. Near-term neckline support is at 1.2913.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak
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