EUR was well supported by the good economic data from EU yesterday as teh market was disappointed from the US data releases too. These didn't allow the price to break 1.3240 lower and today's trade started with recovery towards 1.3300. Currently the EUR upside is capped by the intermediate resistance zone between 1.3290-1.3310, on breaking above my yesterday's long position will be triggered. If you remember i was long above 1.3330 with SL 1.3310. Today's economic releases are expected to support the EUR again so market is optimistic and goes long more and more. I expect further recovery and progress above 1.3330 for today especially if the US comsumer price index is worse than expected lower than previous values. Dollar index bounced from the negative Ichimoku and seems that it will continue to move lower for today, which also supports my LONG EUR strategy for today. Daily indicators are almost flat and H4 are mixed, yesterday's extremely low volatility has destroyed indicator's clear direction.
In this uncertain situation GOLD collects power and courage to show its head above the Ichimoku cloud, but is shy to show fully itself like a naked girl, and we have to wait a little bit more.
LONG EUR above 1.3275 SL 1.3255 TP 1.3330-1.3375-1.3400-1.3410 \more agressive\
LONG EUR above 1.3330 SL 1.3310 TP 1.3380-1.3395-1.3405
SHORT EUR below 1.3240 SL 1.3260 TP 1.3200-1.3175-1.3145-1.3105-1.3090
LONG GOLD above 1315 SL 1308 TP 1355
SHORT GOLD below 1300 SL 1306 TP 1278-1250