EURUSD New Buy Opportunity

FX:EURUSD   Euro / U.S. Dollar
The weekly chart gives a bullish divergence at SMA100. The market looks bullish and it gives a new buy opportunity. The daily timeframe can be used for trading based on a breakout signal. Now the price is at the resistance zone formed by SMA100 and the downtrend line. If we get the breakout above this zone, it will be a signal confirming a trend reversal and further upward movement. This breakout can be used for buying with profit target at 1.20000 level and stop below 1.15000 level.

Signals from indicators:
- RSI does not reach the overbought zone and it allows to open long trades
- MACD confirms the upward movement
- DMI is bullish and ADX line rises confirming the upward movement.
Recommended Broker: http://bit.ly/2rdWObf

PREMIUM Trading Signals And Copy Trading Platform for FREE! Join >>> https://tradunity.com/lite

My Telegram: https://t.me/dlavrov_tch
Our Youtube: https://youtube.com/c/tradunity
thanks for this idea, bit if a dip last week, do you still see 1.2 on the cards after it broke the channel then rejoined it. still bullish from you point of view. I can see a possibility of testing 1.5. many thanks and salutations.
Nice trade i am in profit
The market looks truly bullish. We should think about the opportunity to buy some...btw Dmitriy check out https://p2pb2b.io exchange. Need your trye opinion about it. Thanks a lot
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out