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if the price break the 1.262 and close above this level with daily candle we can buy Eur if the candle is bear ,can not close above this level we will sell to the last support 1.2326 as first target
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My weekly analysis :
exactly as i told in the last week that the price will correct to 1.26xx level so now the price returns back to its main down direction after failing to close over the 1.26xx level
and if we look to the attached weekly chart we will find a repeated candle that was formed before more than two times and every time the price continue down
so i will consider the down direction for the coming week
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One Order Weekly Trader
Forex Basics
Resistance Support Trend
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may jo hai zayda tarah jo hai woh eur/usd may he kaam karta hun kion kay may is parah he kaam karta hun kion kay is ki market bilkul sayi rahti hai is waja say may yah he use karta hun
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.
EUR / USD closed the first week bullish candle positive for 5 weeks did not see any bullish candle on the weekly frame and a candle that had been closed this week gives us the possibility of rising to the more especially since the rise of stochastic regions resides at saturation to sell me on a weekly Frame
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.
eur/usd abi daily support 2 ke pass movement kar raha hia or abi ek pin baar candle form hu haa hai.
buy it with 1.2600 take profit and stop loss 1.2578.
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Short position is preferable at 1.2550 and targets 1.2475 and 1.2440. If it goes to up 1.2550 then we can expect 1.2585 and 1.2625 and more. This pair is technically breaking below its lower limit bullish.
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The RSI is mixed bullish. Long position is preferable in 1.2530 with price targets for 1.259 and 1.2625. If this pair goes to below 1.2520 then we expect downward movement with 1.2475 and 1.2440 as price targets.
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.
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