Thread: Eur/Usd
Euro upside attempts have been capped at 1.4450 day highs, ad the pair as reversed sharply, weighed by sharp declines in equity markets amid on growing concerns about the Eurozone banking sector, which have pushed the pair below 1.4380 to day lows at 1.4355.
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Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
Originally Posted by BojanHajdinjak
1.362 now. Taking scalp now for shortterm traders and scalpers.
Some correction expecting soon but general pressure is still to down - I think.
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Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
EURUSD just returned yesterday after meeting with Bollinger upper band at 1.4517. It is not the first time when pair has tested this level. In past four month there was approx
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Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
hmm. Took profit of few pips now and will wait on bigger correction.1.44 now. ReSELL now again.
Top confirmed, downtrend resume. I think
p.s. We can see Zig Zag (Ellit Wave) waves.
Target 100 + pips lower
At london open, market mostly generate bigger bullish correction (inside downtrend)
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Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
1.44 now. ReSELL now again.
Top confirmed, downtrend resume. I think
p.s. We can see Zig Zag (Ellit Wave) waves.
Target 100 + pips lower
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Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
Intraday trade:
If a M15 close above 1.4458 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.4424 sell only and do not buy. If price closes back above it again do nothing
The range 1.4458 and 1.4424 is neutral area, any trade done in between is personal decision and not part of this analysis
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hammad101 (2020-05-22), Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
eurusd 1.4399 now. Take profit now (again). Some correction expecting before
another leg lower. Who want can hold shorts still (on higher timeframes).
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hammad101 (2020-05-22), Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
eurusd 1.4435 now. SELL now again. Top have to be near and in any case it is overbought.
Stop 200 pips, target between 100 and 400 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.
hammad101 (2020-05-22), Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
I sold EURUSD three weeks ago at 1.4328 expecting escalation in the EU debt crisis to be compounded by a downward revision in investors’ expectations of global economic growth that sets off risk aversion and drives the US Dollar broadly higher on safe-haven demand.
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), Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
we can see that the pair has failed in breaking 1.4500 and bounced from it , so that's mean the down trend is expected and the pair might head to 1.4400 and then 1.4350
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), Hamzagoroo (2019-03-23), Mureedabbas (2019-05-25)
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