? EUR/USD, GBP/USD Analysis & Setups 16 – 18 Sep ’19 ?

2 min read

Hi Traders,

the EUR/USD is in a bullish wave C after bouncing at double bottom near 1.0925. The target zone is the heavy resistance at 1.1120-1.1180. The GBP/USD bullish wave 5 is aiming for the -27.2% Fib target at 1.2550.

If you think our videos, analysis, and education help you become a better trader, then we would certainly appreciate your review on Forex Peace Army.
The EUR/USD is completing a bullish ABC zigzag as expected. One more push within wave C is likely unless price breaks below the 1.10 support with lots of momentum.

The GBP/USD seems to be building a pullback after a strong rally. A bounce at 1.24-1.2450 could occur and take price towards the next Fibonacci target.

Check out the video below for the full analysis and trade plans on 16-18 September 2019:

  • EUR/USD, GBP/USD technical analysis
  • Review of patterns, trends, key S&R levels
  • Explanation of potential trade ideas both up and down
  • Beginner friendly, explaining concepts in more detail

EUR/USD, GBP/USD video:

Good trading,

Chris Svorcik

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of