Tuesday, 6 November 2018
FOREX TRADING SIGNALS
Labels:
trading signals
EUR / USD market focus upon 1.1430
Well, yesterday it was a quiet day for this market. The pair pulled back from resistance in the area 1.1430, but managed to hold on above the nearest support 1.1365-1.1375. This is a positive signal for the market. However, it is still premature to talk about the initiative interception by bulls, both from a technical point of view and from a political one. Today there will be important political events in the United States, which we wrote about earlier, and technically the situation will change only after the market consolidates above 1.1430-1.1460.
Trading recommendations - we are waiting for the consolidation above 1.1430-1.1460 and open long positions
GBP / USD is storming 1.3000-1.3050 on the move
Today, in early European trading, this market continued to gain, and thus the pair continues to storm the resistance level 1.3000-1.3050. Looks like that expected pullback did not not realized, apparently the market is aimed at breaking through this zone on the move. However, it is still dangerous to open long positions at these levels. We recommend waiting for the market to consolidate above 1.3050 (two four-hour candles) and only then consider going longs. It is also a good idea to wait for the election results and evaluate the future prospects of the dollar.
Trading recommendations- are out of the market, we are waiting for the consolidation of the market above 1.1350
AUD / USD keeps on gaining despite close resistance
After Friday's profit taking, when this market fell into the first support area of 0.7200, on Monday the restrained growth of the market continued. However, it is still risky to open longs at these levels, however, there is no reason to close current longs. Fixation above 0.7225 will be a positive signal to enhance green sentiment.
Trading recommendations – go long when fixing above 0.7230
Gold set up to storm $1233
Yesterday the growth impulse of the American dollar exhausted at the European session - the dollar index could not break above the mark of 94.40 points, while marking a long shadow - a strong bearish signal. At the same time, gold dipped to $ 1226 levels, where buyers took advantage of the situation and seized the initiative, bringing the quotes back to the $ 1233 area. It seems that the assault on this strategic mark will take place soon. In the event of a breakthrough of this zone, a test of recent local maxima in the 1244 region will be inevitable. Local pullback to the zone of yesterday's lows of $ 1226 may occur however, this chance should be used to open additional longs.
Trading recommendations - longs in the zone of 1226 and with the passage of resistance $ 1233
Subscribe to:
Post Comments
(
Atom
)
I am looking for the most excellent Forex trading signals which one you will recommend? Last night I have to Write My HRM Dissertation I thought how professional trades provid signals.
ReplyDeleteSince I selected to Buy dissertation online from a reputed company, I am eager to learn the forex trading and I am sure as you have written in detail, this article will be much worthy for me to under the basic idea about forex trading.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteForex trading is very beneficial to invest money on many forex trading companies.My website forskolin diet pills offer free trial on buying supplements. People who have invested in forex trading.
DeleteI recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog, I will keep visiting this blog very often. forex signals
ReplyDeleteI like post because the content is amazing and it has a revilement points about trading signals. visit Jacob Frye Leather Coat I really appreciate the blog it very helpful.
ReplyDeleteThis would be really helpful for me i know , that why i want to star it, check out my Freddie Mercury Leather Jacket its my one of the best costume
ReplyDeleteSuch a great piece of content and helpful website! Attractive information on your blog, thank you for taking the time and share with us. Essay writer free online delivers high-quality content related to experience. We have experienced professionals who write my essay for free hold highest degree credentials and have vast years of helping the scholars.
ReplyDeleteDo you know, The concept of Clinical Reasoning Cycle by Lavett Jones
ReplyDeleteThe most important part of Clinical Reasoning Cycle is 8 phases of Clinical Reasoning Cycle Which are
1. Considering the Patient Situation
2. Gathering The Data
3. Process The Gathered Data
4. Recognizing The Problem
5. Setting Goals
6. Taking Actions
7. Analyzing
8. Reflecting on The Process
With 4.9 out of 5 on customer satisfaction ratings and superb reviews, we reign supreme among all Geography homework help providers in town. And it is not only the stellar quality of our homework solutions that make us shine so bright.
ReplyDeleteAre you on the verge of a meltdown over your finance paper? Assistance is around the corner with finance homework help from TopHomeworkhelper.com. You only have to ask, “Can anyone do my finance homework for me?” and our experts will weave their magic on your finance homework solutions.
Textsmashzone.com is a renowned name in the field of Bulk SMS Marketing, it is trusted by 10000+ small and big businesses with an average rating of 4.7 out of 5. If you also looking for the best bulk SMS service provider in Delhi or Bulk Transactional SMS Services you can always contact them for top-notch services.
ReplyDelete