It is expected for price to reach 1.0470-50 Zone.
Confluecnes:
1-high volume
2-Price action (engulfing bearish candle)
3-Breaking the upward line.
4-Price is moving below EMA 200.
Confluecnes:
1-high volume
2-Price action (engulfing bearish candle)
3-Breaking the upward line.
4-Price is moving below EMA 200.
Comment:
Comment:
Comment:
Waiting for bearish candle to confirm the continous bearish bias.
It is expected for EURUSD to reach lower levels at 1.0500
It is expected for EURUSD to reach lower levels at 1.0500
Trade active:
Comment:
Comment:
Comment:
US Retail Sales rise by 0.7% in September, above the 0.3% of market consensus , so The US Dollar gathered strength against its rivals. The US Dollar Index (DXY) rebounded from 106.15 and climbed to 106.40, approaching daily highs , So we will focus on selling only for EURUSD and this is compatible with our analysis.
Trade active: