the pair and as we can see from the chart has closed it's daily candle under the level of 0.7000 , so , that's mean the down trend is still standing and the pair is heading to 0.6975 then 0.6950
the pair and as we can see from the chart has closed it's daily candle under the level of 0.7000 , so , that's mean the down trend is still standing and the pair is heading to 0.6975 then 0.6950
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I can see that the pair is trading above point 0.7000 , i thing if the pair broke it , it will continue in a down trend to reach 0.6950 , so the sell position is suggested with safety stop loss level and target near to 30 pips .
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the pair and as we can see from the chart is trading now above the level of 0.7000 , and that's will lead the pair to reach 0.6970 and then 0.6945 just if the pair succeeded in breaking the level of 0.7000
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If a M15 close above 0.7200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7150 sell only and do not buy. If price closes back above it again do nothing
The range 0.7200 and 0.7150 is neutral area, any trade done in between is personal decision and not part of this analysis
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we can see that the pair has failed in breaking 0.7150 and bounced from it to reach 0.7130 , so that's mean the down trend is expected and the pair might head to 0.7100 and then 0.7070
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If a M15 close above 0.7220 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7150 sell only and do not buy. If price closes back above it again do nothing
The range 0.7220 and 0.7150 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
we can see that the pair has failed in breaking 0.7150 and bounced from it to reach 0.7130 , so that's mean the down trend is expected and the pair might head to 0.7100 and then 0.7070
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.
If a M15 close above 0.7220 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7100 sell only and do not buy. If price closes back above it again do nothing
The range 0.7220 and 0.7100 is neutral area, any trade done in between is personal decision and not part of this analysis
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 price is trying to penetrate the resistance level at 0.7082 and I expect the climb to the top and the target 40 points
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the trading has ended with the pair under the level 0.7100 and that's will make the movement continue in down trend to reach 0.7035 , and then the selling is suggested with a suitable stop loss level and targets equal 30 pips .
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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