EUR continues the progress to the upside, well supported by the US shutdown. Mr.Draghi's speech also supported the 1.3580 area and this helped the EUR to trigger some buy stop orders above 1.3600 level, which made the peir reach 1.3623 through the asian session. That was followed by 20 pips pullback and currently the price has stabilized over 1.3600. Looking at the Daily frame the EUR desperately needs a correction move lower, but still the bulls hope for 1.3660 and 1.3710. Reaching there is possible but i think will be short lived and will be used for opening SHORT positions. Indicators of the bigger time frames are bullish, but these of the smaller time frames enter in a correction phase.
GOLD has recovered above 1300 but the danger is not over yet. If we have another break below 1300 the downside may increase with 1260 target.
LONG EUR above 1.3590 SL 1.3575 TP 1.3620-1.3660-1.3690-1.3710-1.3740
SHORT EUR below 1.3560 SL 1.3575 TP 1.3510-1.3490-1.3450-1.3405
SHORT GOLD below 1300 SL 1307 TP 1285-1270
LONG GOLD above 1330 SL 1323 TP 1355-1380