Trading Analysis EURUSD

Pipsafe Logo
Share this Post :

Trading Analysis EURUSD – ECB, Villeroy: keeping the accommodative policy at the moment is absolutely justified. While the price is below 1.1950, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1799
  • 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

Trading Analysis of GBP/USD Bank of England, Broadbent: commodities prices are likely to lower inflation in two years.While the price is below 1.3960, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.3599
  • 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

Trading Analysis EURUSD – Pivot Point Levels

EUR/USD Intraday: bullish bias above 1.1755.

Pivot:1.1755

Our preference:Long positions above 1.1755 with targets at 1.1785 & 1.1800 in extension.

Alternative scenario:Below 1.1755 look for further downside with 1.1740 & 1.1725 as targets.

Comment:A support base at 1.1755 has formed and has allowed for a temporary stabilisation.

GBP/USD Intraday: the bias remains bullish.

Pivot:1.3740

Our preference: Long positions above 1.3740 with targets at 1.3785 & 1.3800 in extension.

Alternative scenario: Below 1.3740 look for further downside with 1.3715 & 1.3690 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Analysis EURUSD

Weltrade Forex Broker Details

Open a real account and receive Forex Rebates


Categories :
Tags :



LEAVE A COMMENT


Alert Header

Alert Message