Market Outlook for next Week market open

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As I promised to some of you and I will give my view on the current state of the currency markets. As a tool, I decided to use my proprietary indicator, the trend stop.
Multi time frame analysis quickly gives a bearish sentiment for EUR / USD.
However, in the next 4 hours, Trend, will drop by 100 pips, giving the possibility of bullish reversal for dollars.

Conclusion.
The trend is still negative for the EUR / USD, take advantage of short to intermedium term opportunities for shorting this pair. Go long if and when the closing price crossover trend stop line.

 

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