Forex Analysis: Pre Euro Session

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European session forex analysis

Time Frame: 5 Minutes Chart
For this session we have the following picks:


It showing RSI hidden bullish divergence signal & Bollinger band bullish breakout. Indicating the continuation of a bullish trend. Today USDCHF fluctuated up to 1.00 zone then fallen back. Moved at least 100 pips under 30 minutes.


Creating a new daily low. ADX, Bollinger band, SAR, Ichimoku & MACD all saying bearish.


EURCAD & USDCAD both are looking bearish but USDCAD showing a hidden bullish divergence. Probably this could be a time to re-enter on bullish trend from any correction.

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