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Forextradingsignals

“The Eurozone manufacturing PMI is weak”Following the interest rate decisions by the ECB and the Fed, the EUR/USD pair has risen to the 1.12 level. Meanwhile, the dollar index is recovering its losses post-Fed, which is limiting further gains in the EUR/USD pair. Today, the manufacturing PMI figures released for the Eurozone and Germany came in below expectations. This increased the pressure on the euro currency. From a technical perspective, if the upward trend continues and the 1.1115 resistance is broken, the next resistance levels to watch are 1.12 and 1.1275. On the downside, if pricing drops below the 1.1045 level, 1.0970 and 1.09 could act as important support levels for further declines.
by primequotes
GOLD (XAUUSD) DAILY TF UPDATE!! (THIS PAIR LOOKS VERY PROMISING)1. Big bullish body candle close on the daily due to the NFP news release. but I'd like to point out that price is now testing a major level resistance which is showing a price rejection. 2. We've already seen 2 retests on this level before and we've noticed that everytime the price retested this area, it got rejected. 3. I'd like to point-out the reason why is because the price before has been bearish after it plummeted from 1900 level. 4. This time around, price has been very bullish I'll wait for the retest on 1823-1825 area to find support and I'll take a long position if price shows a bullish momentum. Hell, Traders! Welcome to my channel. If you guys like my analysis on gold please give me a thumbs up and let me know your thoughts and leave a comment below. :)
OANDA:XAUUSDLong
by JuanCrlsTrades
#EURUSD#EURUSD At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level. Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment. At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance. Now we see the beginning of the upward movement from the support 1.2177. I expect an update of the peak 1.23496 and further growth towards strong resistance
Long
by fxpremiere
EURUSD 15min Signal: Possible ShortEURUSD has been largely affected by inflation concerns. While central banks offered easing measures to combat the impact of covid19 on the economies, the risk for inflation increased. The market is still assessing the risks, which my trigger some volatility in basket of currencies. Regarding EURUSD, it may initially appear EURUSD may be positioned for corrective gains. A deeper look into the charts suggest EURUSD downtrend my resume. To have a better entry, a break below the middle line (which is a must for the setup) may pave the way for stronger weakness towards the third line, which is the target of the signal. The strategy is intentionally kept simple.
Short
by DDMARKETS
1
EURJPY long valid 💹↗️✅Morning Traders. Overnight our strategy has presented a long trade on EURJPY We are working the H1 time frame here with the script in use set to a take profit target off 95 pips. Now I don't recommend jumping on random TradingView ideas as in my opinion that wouldn't be a consistent way to trade and there is no plan implemented. Our strategy is a trend following strategy, can be used on any instrument and time frame. The strategy works within your own Tradingview and can be set to your style of trading. When trades present on the chart with all the relevant data also printed, we simply enter those trades and stick too the plan. No lines, no S&R - no analysis, all I have to do is follow it. This manner of trading also helps with emotions. The built in strategy tester allows our traders to be clear on how the settings they have entered into the strategy have performed on the pair and time frame they desire to trade. No one can predict the future but the historic data gives us all great confidence in entering the markets knowing how previous trades have played out. The data for the pair in question and the method in which it's being traded can be found at the foot of this idea. As mentioned we are working EJ here to the H1 time frame. Our risk reward is just shy of 1:5. Data is back tested from January 2017 to today. The data is based on £500 starting capital and 1% risked per trade. That data shows us as traders that trading the pair in this manner has produced 469% ROI!! That is 580 trades worth of date with 31% of trades being profitable. This level of data adds so much value and confidence to our trading plan. Feel free to also press the sub menu on the window below and you will see our strategy also logs every trade which will confirm and support all open and closed positions. A lot of traders journal results as good working practice. Our strategy does all this automatically. For any more information on the strategy in use please feel free to drop me a message.
Long
by RichScott