Technical Snapshots – Trading Analysis of EUR/USD EUR/USD: downward pressure has weakened, consolidation is ahead – UOB Group.While the price is below 1.1950, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1770
- Take Profit 1: 1.1700
- Take Profit 2: 1.1600
Alternative scenario:If the level 1.1950 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.1950
- Take Profit 1: 1.2050
- Take Profit 2: 1.2095
Technical Snapshots Trading Analysis of GBP/USD – GBP/USD is rising to weekly highs near 1.3835.While the price is below 1.3960, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.3750
- Take Profit 1: 1.3540
- Take Profit 2: 1.3430
Alternative scenario:If the level 1.3960 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.3960
- Take Profit 1: 1.4090
- Take Profit 2: 1.4240
Source: PAXFOREX Broker
EUR/USD Intraday: bullish bias above 1.1790.
Pivot:1.1790
Our preference:Long positions above 1.1790 with targets at 1.1815 & 1.1830 in extension.
Alternative scenario:Below 1.1790 look for further downside with 1.1775 & 1.1760 as targets.
Comment:Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
GBP/USD Intraday: the upside prevails.
Pivot:1.3800
Our preference: Long positions above 1.3800 with targets at 1.3840 & 1.3860 in extension.
Alternative scenario:Below 1.3800 look for further downside with 1.3775 & 1.3745 as targets.
Comment: The RSI shows upside momentum.
9600$ Monthly Cash Prize – The best Forex Contest at Forex Market
Weekly Contests with Real and Valuable Prizes
Introducing CloseOption as a Binary Options Broker
CloseOption Unique Features
- Providing ultra-transparent prices and not manipulating the prices in the direction of customer loss.
- Providing diverse accounts due to the need of the traders such as real, demo and contest.
- Holding weekly contests with valuable prizes.
- Providing professional and fast support.
- Accepting traders from the United States.
- Creating an account with the minimum deposit amount of $5.
- Providing competitive and high payouts among other Binary Option brokers.
- Providing different kinds of Gifts.
Categories :
Tags :
