EUR/USD testing resistance, potential drop!

EUR/USD testing resistance, potential drop!

Trading Recommendation Entry: 1.10944 Reason for Entry: 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance Take Profit : 1.09994 Reason for Take Profit: Horizontal overlap support, 61.8% Fibonacci retracement, 78.6% Fibonacci extension Stop Loss: 1.11419 Reason for Stop loss: horizontal swing high resistance, 78.6% Fibonacci retracement

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Technical analysis: Important intraday Level for USD/JPY, December 03,2019

Technical analysis: Important intraday Level for USD/JPY, December 03,2019

The 10-y Bond Auction, and Monetary Base y/y reports from Japan are on tap. The US will release such economic data as Wards Total Vehicle Sales. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.TODAY’S TECHNICAL LEVEL: Resistance.3:109.69. Resistance. 2:109.47. Resistance. 1:109.26. Support. 1:108.99. Support. […]

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EUR/USD: plan for the European session on November 27. Low volatility and lack of benchmarks do not allow bears to break below support at 1.1008

EUR/USD: plan for the European session on November 27. Low volatility and lack of benchmarks do not allow bears to break below support at 1.1008

To open long positions on EURUSD you need: Yesterday’s weak data on the US consumer confidence index did not make it possible for the bears to break below the support level of 1.1008, which will be emphasized today in the morning. All buyers’ attention today will be focused on the resistance of 1.1031, since only […]

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