The euro has slipped back towards the 1.1000 level against the US dollar after the pair failed to secure buying interest above the 1.1090 level on Monday. The downside for EURUSD pair can open-up below the 1.1000 level, although further gains towards the 1.1160 level appear more likely this week. Overall, EURUSD bulls need to reclaim the 1.1050 level to encourage...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.105.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1095.
TP4: R2=1.1115.
Set the stoploss of these orders at breakout of S2=1.103.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
A GOOD TO GO TRADE YOU CAN SEE A DOWNTREND CHANNEL AND BUYER ARE NOT THAT STRONG ENOUGH TO GO! MAKE SURE TO CHECK BEFORE TAKING ENTRY FOR SHORT, AND KEEP A HEALTHIER STOPLOSS! CHEERS.
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The euro forex is constant to push larger in opposition to the US greenback on Friday, with the pair eroding all of its post-FOMC losses. The EURUSD pair remains to be on observe to check the 1.1110 resistance space , though the 1.1160 stage stays the bigger aim. General, except the pair suffers from sustained weak point returns beneath 1.1000 stage the gradual...
The euro currency is continuing to push higher against the US dollar on Friday, with the pair eroding all of its post-FOMC losses. The EURUSD pair is still on track to test the 1.1110 resistance area, although the 1.1160 level remains the larger goal. Overall, unless the pair suffers from sustained weakness returns below 1.1000 level the gradual recovery in the...
The euro has moved lower against the US dollar despite the US Federal Reserve cutting interest rates as widely expected on Wednesday. The EURUSD pair has a short-term bullish target of 1.1160, although the 1.1300 level is the medium-term bullish target. The 1.1025 level is a key technical area that EURUSD bulls may look to buy the pair now that a pullback in price...
The euro has moved away from the 1.1000 level against the US dollar as dip-buying prevails following the formation of a potential bullish lower weekly trading high. The EURUSD pair may start to target the 1.1090 technical level ahead of the FOMC rate decision later today. Overall, short-term EURUSD bulls are in control of the currency pair while the price...
Alla rottura della resistenza vicino al prezzo attuale è possibile valutare un ingresso short con stop loss sui massimi precedenti in prossimità della trendline.OANDA:EURUSD
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
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