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EURUSD Forecast for 21st Feb,2023Its having a lot of selling pressure and due to some dumb reasons bulls are not stepping in. It was very much hilarious to see how it kept on bouncing from 1.07 level. Anyways please keep in mind the following levels for any trade set up today. 20th Feb DH - 1.07045 DL- 1.06701 21ST FEB PIVOT - 1.0686 R1-1.0703, S1- 1.0668 R2-1.0721, S2- 1.0652 R3- 1.0755, S3- 1.0618 * Needs to move though 1.0668 and pivot to target 1.0703 and 1.07045. * Return to 1.07 Level will give a bullish signal * Failure to move through S1 and Pivot can bring it down to 1.0652 * Levels below 1.06 shall be avoided to avoid major sell off * 1.0618 level shall limit the sell off * A move through 1.0668 would support the breakthrough from 1.0703 and 1.07057 and can give a bull run to 1.0721 and 1.07305 * Failure to move through 1.07057 can bring it down to the support levels. IF YOU LIKE OUR WORK PLEASE SUPPORT US WITH LIKES AND FOLLOW. THANKS
Long
by skarantraderq
Live Challenging Forex Market Analysis Buy USDCAD @ 1.21531Market Analysis Live Challenging Forex Market Analysis Buy USDCAD @ 1.21531 Buy 2 @ 1.21264 Target @ 1.22501 #stockmarket #USDCAD #forextrading Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Trading with tamil
by Tradingwithtamil
GBPUSD FUTURE OPPORTUNITIESHello Traders, In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE. Where, GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to break resistance & came below support (1.40990) then next target will be 1.40290. You can use this analysis on intraday & swing both. Use proper risk management if enter. Best of Luck Happy trading
by Rakesh_Thakuria
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