More confirmation on why this is bullish. Previous resistance has created a strong support at this level. Bears are unable to break below. Long targets 0.9960 stops are below 0.9800 This should be a strong trend changer trade of the week. This will inform us if the trend has shifted. Use proper money management.
Price has come to an important level of Demand. I expect a push higher from this point. Use proper money management. There is price inefficiency at this level
With ECB expected to hike the interest rates decision from 0.50 to 1.25 we could see anew bullish swing of the euro. BUY EurUsd at 0.99073 tp @ 1.0021 sl @ 0.9847, Looking at the price action we have an inside bar that has formed on the 1 hour chart. Use proper money management.
Weekly - retest of serious low looking to be ending with an engulfing candle after tomorrow Daily - multiple divergence on the MACD and MA 4h -- MA divergence need to break above confirmation area then we can buy pull backs
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Open buy order at 1.1310 SL small - 1.1289 TP very good - 1.1447 RRR 6.29 to 1 risk
Price had multiple weekly inside candles that were violated to the downside now. Short with TP at 971.
WELCOME TO DACAPITAL TRADING!! MONTHLY FOREX MASTER SIGNAL 4 HOUR Testing last H4 Lows expecting bullish pressure now following mid term trend DAILY Bearish Daily pressure occurred and took out last h1 long holders WEEKLY Overall very bullish, following this movement! LEVELS BUY EURAUD @ 1.61650 SL @ 1.59530 (210 Pips) TP @ 1.64010 (230 Pips) SL TO BREAK...
Opportunity BUY EUR/NZD Fundamentals Recently Data in the Eurozone has been improving and there is much talk about when the ECB will start the process of tapering their QE program. Although inflation figures can be misleading to the untrained eye it is important to focus on what the Central Bank is Basing it's decisions on. Inflation increased by 1.3% in June...