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Bullish-outlook

EUR/USD stabilising on the 1.1300 base... EUR/USD seems to be stabilising the newly formed base at 1.1300. A recent weekly candle from 2 weeks ago, formed extremely bullish in alingment with the recent fundamentals suggesting that there will be a medium term upswing in movement. Generally speaking a closure above the 1.1400 handle should signify a comfortable 100 pips into the 1.1500 region and beyond, and looking at the recent weekly chart, there are many confluences to suggest more upside action to come. Tomorrows trading news look relatively choppy concerning the dollar and should expect a fair bit of movement in the London session. Overall bias at current market price is bullish. We will update this pair over the coming days to see if there is a potential spot for opportunity around 1.1400.
Long
by FTUKcom
EURUSD - LONG OutlookEURUSD - Bullish 1W Timeframe Week Trade #3 Tentative: BUY Entry Market Order @ 1.1928 T/P @ 1.2038 Total pips targeted for week = 110 Ref. 1 : A clear break & hold above 1.2080 will signal that Bullish Trend can continue up to 1.2330 in longer term. Ref. 2 : A clear break & hold below 1.1730 will signal that Bearish Trend has resumed. R3 1.2154 R2 1.2049 R1 1.1986 S1 1.1817 S2 1.1710 S3 1.1648 Pivot Point = 1.1879 Updates / Adjustments / Results will be reflected in comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Long
by ALSM59
2
USD/CAD: Bullish OutlookIn H1 TF I found a nice Acending Triangle Pattern, if break this triangle, I think this pair may be go to 1.30 level which is very strong resistance. And this pair is also in uptrend mode. We looking for Long position after break this above resistance line of triangle or after retrece from this resistance line. And put stop loss near swing low point of this pair. Our profit target should be at 1.2950 - 1.30 Level. If usd/cad pair did not break upper resistance line of triangle and return from this level we look for long positon near support line. So, keep eyes on this pair. Best of luck.
Long
by fxmentorbd