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Pair look to the range of 1.2430 retracement trading session yesterday and managed to make Resistance the range of those levels, the range of 1.2360 Support is also formed. At the session this morning momentum Pair is bearish, watch out when the pair confirmed the range of 1.2360 as the pair will potentially Resistance traded down to the 1:22 range.
Range EURUS has been trading with 23 points which is 21% of the Average Range 112 points and was trading down -0.16% to +0.01% High and Low -0.18% from the close of trading yesterday.
Intraday Resistace 1.2360 - 1.2430 - 1.25
Intraday Support 1.22 - 1.1875
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
kya koi moje asa link dega jo forexfactory.com ki calender se be bather hay, may news trade karna chataho lakin do din se dhakrahaho forexfacdtory.com ki news koi kam nahi karrahahe jo bed news ata hay to market ottahy .. asha q horahahe . plz share me any good forex clander website ............
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The pair is currently achieving a mild correction while Stochastic continues reflecting an oversold case. The oversold studies represent the main technical reason that forced us to stay aside during the previous session and we prefer watching out the price behaviors for the rest of the day as the pair is very close to the projected technical target at 1.2200 making risk versus reward ratio inconvenient.
Recommendation : Based on the charts and explanations above our opinion is, staying aside until an actionable setup presents itself to pinpoint the upcoming big move.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
EURUSD is now going up for several pips
we can check it with using all time frames and especially at TF 4H and TF1D, stochastic indicate the trend moves up..
range : 1.2395 - 1.2410
it is good for scalping when the smaler time frame show the same direction with the higher time fram
buy at 1.2398 - and sell at. 1.2408
do the best we can
Its totally under pressure. Now this pair has starting to sideways agan the level price of 1.2372. I expect some correction today, at least until this pair reach 1.2465 before it continue its bearish trend.
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If we see from the big trend, yes, we can see the EURUSD stil on bearish of course, then the bearish can be occur again here after truly then price can break that 123.6 fibo level at price 1.2334. Then, of course the sell OP can be nice if that happen. But as long as the price still move above that 123.6 fibo = I call this sideways time and no nice OP on this situation, I see.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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