it seems this pair turn back down yesterday after fail to break the previous high......if we look closely in the 1h chart there was a head n shoulder formation .....so the uptrend still intact i think.....if no it will go down to 13540
Thread: Eur/Usd
it seems this pair turn back down yesterday after fail to break the previous high......if we look closely in the 1h chart there was a head n shoulder formation .....so the uptrend still intact i think.....if no it will go down to 13540
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hammad101 (2020-05-22)
The EUR/USD is consolidating above 1.3600, hovering around 1.3630/40, 0.65% above todays opening price. The pair reached a daily high at 1.3678 on European hours, retreated afterwards but managed to hold above 1.3600.
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hammad101 (2020-05-22)
as we can see from the chart , the pair has succeeded in breaking 1.3600 and reached 1.3650 , so that's mean the up trend is still standing and the pair might head to 1.3700 and the 1.3735
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hammad101 (2020-05-22)
Euro rejection from one-week high at 1.3690 on Wednesday was contained at 1.3520 low on early Asian session, and the pair bounce up strongly over the Asian session, to regain 1.3600, and stall below 1.3635 session high ahead of the European opening.
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hammad101 (2020-05-22)
the pair and as we can see from the chart has closed it's daily candle under the level of 1.3600 , so , that's mean the down trend is still standing and the pair is heading to 1.3500 then 1.3450
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hammad101 (2020-05-22)
I think eur / usd is currently in the price range around 1.3530 - 1.3700 you should still be careful to use good money management. because this pair is very sensirive against each news.
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hammad101 (2020-05-22)
euro is at the round number at this time 13600......it got a strong gann line at this area and if this price hold then we may see another bullish movement today
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hammad101 (2020-05-22)
as we can see on the chart , the pair is trading under the level of 1.3700 , any way if the pair succeeded in breaking 1.3700 , it will continue in it's up movements heading to 1.3730 and then 1.3770
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hammad101 (2020-05-22)
Eur/ usd pair is quite unpredictable for now.
So, it difficult to understand that good for buy or sell order. but one thing for sure that its good time long term plan with more than 100 pips profit, which will achieve soon.
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hammad101 (2020-05-22)
EUR/USD has suddenly sprung into life, back above 1.3600, presently at 1.3620. Barroso's comments seemed to have helped. Risk isn't quite as off as it was, go figure. Talk of sell orders clustered now up at 1.3650/70.
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.
hammad101 (2020-05-22)
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