🔔🔔🔔EUR/USD news:
👉EUR/USD traded below 1.090 in early Thursday morning in Europe. Escalating US-EU trade tensions weighed on risk sentiment and the pair, providing some support to the US dollar amid cooling US inflation
👉 Although EUR/USD has maintained its bullish momentum, the price chart in recent days has not been as strong as before, signaling that the market's buying power may weaken in the short term
Personal opinion:
👉RSI (4H) clearly shows divergence and breaks the uptrend line, signaling a possible short-term downtrend for the pair. Check out the support resistance levels to buy at the best price
Analysis:
👉Based on important support resistance and SMA levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.0870 – 1.0885
❌SL: 1.0920 | ✅TP: 1.0820 – 1.0780– 1.0720
FM wishes you a successful trading day 💰💰💰
👉EUR/USD traded below 1.090 in early Thursday morning in Europe. Escalating US-EU trade tensions weighed on risk sentiment and the pair, providing some support to the US dollar amid cooling US inflation
👉 Although EUR/USD has maintained its bullish momentum, the price chart in recent days has not been as strong as before, signaling that the market's buying power may weaken in the short term
Personal opinion:
👉RSI (4H) clearly shows divergence and breaks the uptrend line, signaling a possible short-term downtrend for the pair. Check out the support resistance levels to buy at the best price
Analysis:
👉Based on important support resistance and SMA levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.0870 – 1.0885
❌SL: 1.0920 | ✅TP: 1.0820 – 1.0780– 1.0720
FM wishes you a successful trading day 💰💰💰
Trade active
HIt + 50 pips from 1.0870Congratulations you have made a profit
Trade closed: target reached
EUR/USD is moving in line with initial predictions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.