NMTrading

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Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 50% | 1 EURJPY 50% | 1
NMTrading NMTrading EURUSD, 240, Short
EURUSD: Short on EURUSD after minor retracement.
59 0 2
EURUSD, 240 Short
Short on EURUSD after minor retracement.

Looking to short EUR/USD. It has retraced to the key 61.8% fibonacci level and has also broken a trend line. RSI and stock also indicate oversold however on the 2 hour time frame Stoch indicates this pair could go up. We believe there will be a minor retracement before the continuation downwards. Our first Take Profit Target will be 1.1341 and the second target ...

NMTrading NMTrading EURJPY, 120, Short
EURJPY: EUR/JPY Short
56 0 1
EURJPY, 120 Short
EUR/JPY Short

EUR/JPY is at a key level of support and has tested this level about 3 times. Has also retraced to key fibonacci levels and the overall bearish momentum supports the drop. We have seen a double top and a downward fall and now a possible minor retracement to the trend line aas illustrated. Will be looking to go short on this pair once the support has been broken ...

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