Killy_Mel
Long

FX CHART OF THE DAY: EURUSD BREAKOUT TRADE

FX:EURUSD   Euro/U.S. Dollar
EURUSD             breaks out of 1st standard deviation from weekly (120-h) mean after failing to reach the mean itself.

Expanding volatility (measured by 3.2 st             deviations from weekly mean) hints at a possible leg of uptrend from here on.

Traders an take long positions close to the upper 1st standard deviation (1.1205) and stop at the weekly mean (1.1165)

No significant news event are incoming through the rest of the week, so unexpected volatility risks are small
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out