EUR/USD Monthly Candlesticks & Ichimoku Chart  SHORT
On the longer term monthly chart, EUR/USD seems poised for a fall to 1.05. Given our bearish take on the Eurozone, shorting EUR vs USD, CAD and other currencies will become the focus going into 2019. Obviously this is a long term view and levels will need to be selected more tactically on the charts of shorter time frames going forward.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members of our weekly subscription product – “CIO’s Week Ahead Update”, which helps to filter out the noise and condense only what’s important in the markets for the week ahead.

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