EURUSD 07SEP Monday expectations of the week ahead
This information is intended for educational purposes only and does not give financial advice.
Not legal and financial advice; any information provided here is only the personal opinion of the author
(not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
Forex trading is potentially high risk and may not be suitable for all investors.
Not legal and financial advice; any information provided here is only the personal opinion of the author
(not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
Forex trading is potentially high risk and may not be suitable for all investors.
Trade active:
Trade active:
Trade active:
for EUR bulls everything is very tight and clear for today
buy level 1.1802 and 1.1887-1.1879 zone stop loss under (?) depends on each personal risk management system, but let's say may be under 1.1760
for EUR bears strategy more complicated today from my point of view as we are near key support levels.
buy level 1.1802 and 1.1887-1.1879 zone stop loss under (?) depends on each personal risk management system, but let's say may be under 1.1760
for EUR bears strategy more complicated today from my point of view as we are near key support levels.
Comment:
buy level 1.1802 and 1.1787-1.1779 zone ...
sorry misprinted big figure.
sorry misprinted big figure.
Comment:
- Level 92.98 for very keen in USD weakness traders.
- Level 93.21-93.34 expectation that medium term USD bears to add positions to protect downtrend.
- Level 93.47 - game changer. Expectation of sharp USD value rise.
As you can see according to COT report USD short positions over crowed. Take care and do not open huge positions. Use stop loss that will not harm you significantly.