Last Week EURUSD was very volatile. Price has recovered from 1.13000 level. and Showing strength for Upside.This Week price can move upside for 1.15000 and 1.17000 levels as well.My Views are bullish for this week on EURUSD. * Always Move stoploss to cost if price moves more than 50 pips.*
Trade with >70% probability: SELL SHORT @1,1591 ;stoploss 1,1608
Risk: -34 pips Profit: +3 pip Profit/Risk Ratio:8,8% Theoric Probability: >70% Actual Probability: +91,3% Total Gain: +587 pips
look in the picture you can understand what im trying to say
Bullish 5 waves are complete look for a sell on retrace
EURUSD is in a bullish Wave B move. target till 1.2200 and look for a sell opportunity.
EURUSD Forecast and Technical Analysis Week of Nov 27th Triggered by the FOMC Minutes, promising Eurozone Data and finally U.S. Markit Service and Manufacturing PMI which were below the market’s expectations; EURUSD ended week 1.19290. Thursday’s minutes from the latest ECB policy meeting have prolonged this lead, revealing that policymakers broadly agree on the...
the bulls are coming in control again this week as dollar is under pressure, situation clearly prefers upside with targets 1.1090 1.1138 1.1197 alternate scenario if price breaks below1.0929 supports are as follows 1.0860 1.0810 last week sell has hit the first target CHEERS HAPPY TRADING
EURUSD seem to be looking at working its way to go down towards parity. The current political and economic climate might seem to suggest the same as well. With geo-political issues people run towards the Dollar safe haven status again and Euro is always one country away from having another round of news being going everywhere that the union might be...