EURUSD Confirmed sell signal with MA50 (1d) confirmationEURUSD broke below the MA50 (1d) for the first time since August 2nd, which is a technical sell signal.
The MA50 (1d) has been the pivot of the Ascending Triangle and every break below it has delivered more downside.
Trading Plan:
1. Sell on the next rebound to the MA50 (1d).
Targets:
1. 1.078000 (Support A).
Tips:
1. The MACD (1d) is posting the same pattern of the December top. Technical sell signal.
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Notes:
Past trading plan:
EURUSD-2
EURUSD: Bullish Continuation & Long Trade
EURUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry - 1.0978
Sl - 1.0925
Tp - 1.1074
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD BUY | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
EURUSD: Local Correction Ahead! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.09595
Wish you good luck in trading to you all!
EURUSD Scalping-Day trading LONG1st Entry - 15min POI:
I decided to open three trades using the OTE reversal strategy within the 0.705 to 0.79 zone, taking advantage of the range between the swing high and swing low.
Entry timeframes:
1min
Emotions: Calm and confident
Risk/Reward Ratio: 3.58
Lot size: 0.5
2nd Entry:
Entry Price: 1.0968
Risk/Reward Ratio: 4.53
Lot size: 0.8
Emotions: Calm and confident
3rd Entry:
Entry Price: 1.0967
Risk/Reward Ratio: 3.45
Lot size: 0.3
Emotions: Calm, but I entered too quickly, as the price was nearly the same as my second entry. However, I'll close this trade earlier at the STR.
XAU/USD : More Bullish Move ??? (READ THE CAPTION)By analyzing the #Gold chart on the 30-minute timeframe, we can see that, as expected, after the NFP news release, which was higher than the forecasted rate, the price experienced a sharp decline, dropping over 290 pips down to $2,632. Following this drop, the price rebounded to gather more liquidity and rose to the key supply level of $2,670, after which it faced another strong decline, correcting down to $2,642. Ultimately, on the last trading day of the past week, the price closed at $2,653.840. Considering the rising tensions between Iran and Israel, if the conflict escalates, I expect Gold to open with further bullish movement. Keep in mind that at the market opening, we could witness high volatility in the price, so it's better to be cautious with your trades and wait for the market to stabilize to find better trading setups during the London and New York sessions. (This analysis will be updated.)
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Euro can rise a little and then continue to decline nextHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to range, where at once fell to the current resistance level and then rebounded up. EUR rose to the top part of the range and then turned around and dropped to the resistance area, thereby exiting from the range. After this, the price started to grow inside the upward channel, making a fake breakout of the 1.1030 level. Inside the channel, the price rose to the 1.1175 level, after which rebounded and fell to the support line of the channel, and then it backed up. EUR even rose higher than the seller zone, reached the resistance line of the channel, and then made a correction movement, breaking the 1.1175 level again. After this, the price in a short time rose to the seller zone and then made an impulse down, thereby breaking the 1.1175 level, and exited from the upward channel. Also soon, Euro broke the 1.1030 level and now it is trying to grow. For this case, I think that the price can grow to the resistance area and then continue to decline more. That's why I set my TP at 1.0900 points. Please share this idea with your friends and click Boost 🚀
DreamAnalysis | EURUSD Critical Levels and Entry Signals✨ Today’s Focus: EUR/USD – A Key Market Asset
We’ll delve into recent price movements and provide insights on potential future trends based on significant market levels.
🚨 Previous Analysis Recap:
As anticipated, the price reversed downward after sweeping some Buy-Side Liquidity (BSL), establishing both the previous month and week highs. Today, we’ll explore the critical levels that were overlooked during this reversal and how we can leverage them.
📊 Current Market Overview:
Currently, the price is hovering just above the Previous Week Low (PWL). We might see a retracement to clear the liquidity below this level, after which we can explore additional scenarios. Additionally, there’s a substantial 4-hour Imbalance Zone nearby; we expect the price to react to it and its 50% level.
🕓 Key Levels to Watch:
Here are the crucial zones we’re monitoring:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- EQL: Equal Lows
- Daily FVG: Fair Value Gap (imbalance zone)
- 4H FVG: Fair Value Gap (imbalance zone)
These levels are vital for identifying where price may accumulate liquidity or rebalance. Fair Value Gaps (FVGs) signify zones where the market could retrace to gather orders before continuing its trend.
📈 Bullish Scenario:
We can look for bullish entry signals on lower time frames (LTF) at this point. Ideally, we’d want to clear the liquidity behind the Equal Lows (EQL), which coincide with the Previous Week Low (PWL), before seeking our entry model on the lower time frames.
📉 Bearish Scenario:
For a bearish outlook, we should focus on lower time frames (LTF) to identify areas of low resistance buy-side liquidity (LBSL). We can also utilize the marked imbalances; once within these zones, we can seek entry opportunities on lower time frames.
📝 Conclusion:
Remain adaptable to shifting market conditions. By closely monitoring these key levels and potential scenarios, you can refine your strategy and spot promising opportunities.
🔮 Looking Ahead:
Stay tuned for updates as we monitor the NASDAQ, DXY, EUR/USD, and other major currency pairs. Expect timely insights as market trends develop.
⚠️ Disclaimer:
This information is intended for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
EURUSD: USD gain on a jobs dataThe US nonfarm payrolls were in the focus of the market attention during the previous week. Posted figure of 254K added jobs in September surprised the market, which was expecting to see 140K. Average hourly earnings were higher by 0,4% in September, bringing it to the level of 4,0% on a yearly basis. Figures were higher from market consensus. The unemployment rate dropped down to 4.1% in September from 4,2% in August. The ISM Manufacturing PMI remained relatively flat in September, at the level of 47,2 which is the same level where the index was standing in August. The ISM Services PMI index reached 54,9 September, much higher from market consensus at 51,7.
Preliminary inflation rate in Germany for September surprised the market, with a significant drop to the level of 1,6% y/y, from the previous level of 1,9%. At the same time easing of inflation continues also within the Euro Area, where preliminary inflation in September reached the level of 1,8% y/y, down from 2,2% posted in August. Core inflation continues to be elevated, at the level of 2,7% in September. Unemployment rate in the Euro Zone remained flat in August at the level of 6,4%. The Producers Price Index in the Euro Area was standing at 0,6% for the month in august, bringing the index to the level of -2,3% on a yearly basis.
The US non-farm payrolls data and dropping unemployment rate pushed the USD to the higher grounds at Friday's trading session. At the start of the week the eurusd currency pair was testing the 1,12 resistance line, but without strength to pass this level, the currency pair reverted to the downside for the rest of the week. The currency pair is ending the week at the level of 1,097, after reaching the lowest weekly level at 1,095. The RSI turned to the downside, reaching the lowest level at 39, however, the clear oversold market side has not been reached. Moving average of 50 days continued to diverge from MA200, without an indication that the cross might come in the near future period.
The level of 1,10 has not been clearly tested during the previous week, which leaves space for the market to test it in a week ahead. As per current sentiment, there is a low probability that this level might be crossed to the upside, in which sense, some further move to the downside is highly probable. The markets will need some time to digest the latest US jobs data, and considering that there are no currently significant macro data set for a release in a week ahead, some stronger moves to either side are highly unlikely. The level of 1,095 might be tested for one more time.
Important news to watch during the week ahead are:
EUR: Retail Sales in the Euro Zone for August, Industrial Production in Germany in August, Balance of Trade in August in Germany, Inflation Rate in Germany in September.
USD: FOMC Meeting Minutes, Inflation Rate in September, Producers Price Index in September, Michigan Consumer Sentiment preliminary for October.
EUR/USD Under Pressure Despite Eurozone Retail Sales ReboundThis morning, the Eurozone Retail Sales data showed a slight rebound, rising 0.8% year-on-year (YoY) in August, compared to the 1.0% estimate. On a monthly basis, retail sales increased by 0.2%, aligning with expectations, after being flat in July, according to data released by Eurostat. While this rebound reflects some recovery in consumer activity, the data missed market expectations, which has limited its impact on the Euro.
Despite these figures, the EUR/USD pair remains under pressure, largely due to stronger sentiment surrounding the US Dollar. The economic data from the Eurozone was marked as low-impact, further minimizing its influence on the currency pair. As a result, the price of EUR/USD continues to feel the weight of broader market forces.
Sentiment Analysis: COT Report Shows Divergence
The latest Commitment of Traders (COT) report reveals an interesting shift in market sentiment. Retail traders have turned bearish on EUR/USD over the past week, likely reacting to the stronger USD performance and weaker-than-expected Eurozone data. On the other hand, Smart Money (institutional traders) has begun building long positions, suggesting a potential upside as these large market participants start positioning for a future rebound.
Technical Outlook: Eyes on the 1.08500 Demand Area
We previously closed a bearish position on EUR/USD after a successful trade, as noted in our forecast here:
EUR/USD Previous closed Forecast.
Looking forward, we are awaiting further price action before considering new positions. The 1.08500 level is a key demand area where we expect the price may find support and possibly reject the previous low. A decline to this area seems likely, and we are watching closely for consolidation and potential entry signals around this level. At the moment, however, we remain on the sidelines until a clearer opportunity presents itself.
Conclusion
While the Eurozone Retail Sales figures showed a modest rebound, they missed expectations, and the overall impact on the EUR/USD pair has been minimal. The pair remains under pressure, with the USD benefiting from recent economic data and hawkish remarks from the US Federal Reserve. We are watching for a potential price drop to the 1.08500 demand area, where a rebound could occur, but no new positions will be taken until the market offers clearer signals.
For now, patience is key as we wait for EUR/USD to reach an area of interest that may provide a solid entry point.
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Is It Still Bearish for the EURUSDWhile on the Monthly and Weekly we see this pair in a bearish swing, on the Daily, it appears to be in a Bullish swing. We have seen prices while sustaining the bullish swing, go through a strong bearish retracement. Price has come all the way into the Daily reversal zone.
At this point, we expect to see some form of reversal and for prices to begin the bullish extension towards the Daily liquidity target.
Where this happens, we will look to enter on long positions, using the panzy pips trading system.
In the unlikely event that prices continue to dip and the zone is breached, we will be look to see prices head for the Weekly liquidity target down below.
For whatever it is worth, the more likely direction, as at now, is a bullish reversal in the current zone, followed by a rally all the way up towards the Daily liquidity target.
EUR/USD "FIBER" Bank Money Heist Plan on Bullish Side.This is our master plan to Heist EUR/USD "FIBER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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GOLD h1 XABCD short from resistance🔸Hello traders, today let's review 1hour price chart for gold. Speculative
XABCD pattern structure in progress, valid setup for the bears.
🔸XABCD defined by point X at 2670 point A at 2645 point B at 2664
point C at 2639 and finally point D/PRZ at 2675 USD.
🔸Recommended strategy bears: short sell from overhead resistances near 2675 usd fixed stop loss for this entry at 2700 usd, TP1 bears is 2650 usd TP2 bears is 2600 usd. the bear fractal final target is near 2600 usd. good luck traders!
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EURUSD formed the first 4H Death Cross in 4 months.The Double Top on EURUSD last time we mentioned it (September 23, see chart below) worked perfectly and followed its technical bearish bias as not only did the price got rejected but also broke below the 1D MA50 (blue trend-line) and marginally the bottom (Higher Lows trend-line) of the May's Channel Up:
At the same time, the pair just completed its first Death Cross on the 4H time-frame in almost 4 months (since June 14) and every time in the past 2 and more years (except June 14) that it made that formation, it gave a solid medium-term (at least) sell signal.
As a result, there is no reason to diverge from the 1.08350 bearish Target, which as with the February 14 Low, it is on the 0.618 Fibonacci retracement level.
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EUR/USD Analysis: The Exchange Rate Falls Below 1.100EUR/USD Analysis: The Exchange Rate Falls Below 1.100
As shown in today's EUR/USD chart, the euro has dropped below the 1.100 level against the US dollar. This decline is partly due to Friday's strong US jobs report, which revealed:
→ the largest job growth in six months,
→ a decrease in the unemployment rate,
→ solid wage growth.
These factors suggest a resilient US economy and increase the likelihood of a "soft landing" following the inflation surge.
Technical analysis of the EUR/USD chart:
→ Since July, price movements have formed an ascending channel (shown in blue), but it now faces the immediate threat of a bearish breakout after sellers prevented the price from rising above 1.12.
→ The psychological level of 1.10 could shift from support (indicated by an arrow) to resistance.
Note that Friday's decline was rapid, and it’s possible that the downward momentum could continue into this week.
On the other hand, bulls still have a chance to regain control at the lower boundary of the channel (which could trigger a rebound). If they fail to do so, traders should be prepared for the emergence of a potential downward channel on the EUR/USD chart (its possible outline is shown by red lines).
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
#EURUSD 1DAYEUR/USD 1-Day Chart Analysis:
Pattern: The EUR/USD currency pair is forming a channel pattern on the 1-day chart. This indicates that the price has been moving between two parallel trendlines, where the upper trendline acts as resistance and the lower trendline acts as support. The pattern suggests that the market is in a consolidation phase with no clear breakout direction yet.
Forecast: Sell. Given the current market structure, the EUR/USD appears to be closer to the resistance of the channel, which often provides opportunities for short-selling. A bearish reversal at the top of the channel could lead to a downside move towards the lower trendline. Traders might look for bearish signals such as a rejection of the upper trendline, decreasing momentum, or bearish candlestick patterns before entering a short position.
Risks: A breakout above the upper trendline could invalidate the sell signal and suggest potential upside. Therefore, it is crucial to monitor the price action closely around key levels.
EURUSD Sell SetupTime Frame:
- Daily: (FVG Identification)
- 4-hour: (FVG Identifiication)
1. Trend Confirmation:
Identified a Change of Character (CoC) by the break of the previous support at 1.1000, indicating a reversal in market sentiment and a new bearish trend.
2. Fair Value Gap (FVG):
On both the daily chart and H4, I’ve noted a confluent Fair Value Gap (FVG) between 1.1087 and 1.1097. This gap could serve as a potential reversal zone if the price retraces to this area.
3. Entry Signal
Waiting for any reversal candle pattern on the 4-hour chart, if the price touches the identified FVG zone.
4. Trade Execution
Entry Price: Wait for confirmation
SL: 1.1115 (below above Daily FVG)
TP1: 1.0950 (previous low)
TP2: 1.0795 (1.618 Fibonacci)
Risk-Reward Ratio (RRR): 1:11
Monitoring: Check-in daily at 8 AM & 8 PM
5. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
EURUSD Multi Timeframe Analysis 07.10.202415m Swing and Internal are Bearish
Price probably will target the 15m weak low from here and mitigate 4H demand below before we see a bullish momentum
For shorts you may follow bearish internal order flow
For longs ideally wait for 15m Internal Structure to turn bullish
EURUSD PROBABILITY/BOSIBILITYCurrent Market Overview: The EUR/USD pair is showing consolidation in a key no trade area, with price trading sideways between levels of liquidity and a Fair Value Gap (FVG). Let's dive deeper into the potential price movements based on this market structure.
Key Zones Identified:
Fair Value Gap (FVG):
The FVG on the 15-minute chart is located slightly above the current price. This area typically attracts the price as it represents inefficiency where orders are likely to be filled.
Watch for a potential move upwards to fill this gap before any significant market direction is established.
Liquidity Zone:
A key liquidity zone is marked just above the FVG. Liquidity zones are areas where stop-losses of traders are clustered, creating an opportunity for market makers to push prices in these areas to capture that liquidity.
If the price moves toward this zone, expect a reaction as buyers or sellers attempt to capitalize on this liquidity.
No Trade Area:
The current price is in a no trade area, which suggests that it's a period of indecision and low trading volume. Traders should wait for a breakout before making entries to avoid getting trapped in consolidations.
This zone is bounded by resistance near 1.09800 and support near 1.09400.
Potential Scenarios:
Bullish Scenario:
If the price breaks above the current consolidation zone, we could see the price head towards the liquidity area and fill the Fair Value Gap around the 1.10024 level. Traders might look for buy setups targeting this zone.
Bearish Scenario:
On the other hand, if the price breaks downwards from the current no trade area, there is potential to see a move towards the next support zone around 1.09125. This could provide a selling opportunity for those aiming to short the pair.
Strategy Consideration:
Wait for Confirmation: Since the price is in a no trade area, it is advisable to wait for a breakout either above or below the current range. Entering before a clear trend emerges could expose traders to unnecessary risk.
Watch Key Levels: Traders should closely monitor the FVG and liquidity zones for potential entry points. These levels often act as magnets, drawing the price to them before reversing or continuing the trend.
Conclusion: Currently, EUR/USD is consolidating with key areas of interest just above and below the market price. A breakout from the no trade area will give us a clearer indication of the next major move. As always, ensure you have proper risk management in place and trade with a plan.
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Geopolitical Concerns Support Gold PricesGold price remains resilient, with buyers showing persistence as long as the static support at $2,630 holds firm.
Gold's recent struggle to capitalize on the US Dollar's pullback, following the Greenback's seven-week highs, is notable. Despite weakening US Treasury bond yields, which typically support Gold prices, other global dynamics are weighing on the precious metal. Market risk sentiment remains elevated, driven by expectations of further stimulus measures from China as markets reopened after a week-long break. This surge in risk appetite has suppressed demand for traditional safe-haven assets like Gold and US bonds.
Another factor dampening Gold's outlook is the shifting sentiment regarding Federal Reserve (Fed) interest rate cuts. Following stronger-than-expected US Nonfarm Payrolls (NFP) data, which reported robust job growth of 254,000 in September, expectations for a 50 basis points (bps) rate cut by the Fed have almost disappeared. The probability of a 25 bps cut is now seen at 94%, leaving little room for further dovish moves. This has reduced Gold’s short-term appeal, as higher interest rates increase the opportunity cost of holding non-yielding assets like Gold.
However, geopolitical concerns continue to support Gold prices. The escalating conflict between Israel and Iran, highlighted by Israeli airstrikes on Hezbollah targets in Beirut and retaliatory rocket launches by Hezbollah into northern Israel, raises the risk of a broader regional war in the Middle East. This geopolitical uncertainty keeps safe-haven demand for Gold alive, counterbalancing the downward pressure from global risk appetite and Fed expectations.
EURUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1006, which is a pullback resistance close to the 23.6% Fibo retracement.
Our take profit will be at 1.0940, a pullback support level close to 127.2% Fibo retracement.
The stop loss will be at 1.1081, an overlap resistance level close to 50% Fibo retracement.
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Bullish bounce?The Fiber (EUR/USD is falling towards the pivot and could reverse to the 1st resistance which has been identified as a pullback resistance.
Pivot: 1.0943
1st Support: 1.0894
1st Resistance: 1.1003
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