Trade EURUSD in a short range this week and expect movement in down direction

Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Trade EURUSD in a short range this week and expect movement in down direction

  1. #1
    Senior Member World-Signals.com's Avatar
    Join Date
    Jan 2016
    Posts
    102
    Thanked: 0

    Default Trade EURUSD in a short range this week and expect movement in down direction

    Trade EURUSD in a short range this week and expect movement in down direction
    EURUSD down below the level of 1.12 as World-Signals.com forecasts by the last week. This week there are two important events from United States - Durable Orders on Thursday at 13:30 GMT and GDP Second Estimate on Friday at 13:30 GMT.
    In Europe the first key events start at 8:30 GMT EU Markit Manufacturing PMI, Markit Services PMI and Markit PMI Composite. On Tuesday at 6:00 GMT is Germany GDP, at 9:00 GMT Germany ZEW Survey and Eurogroup meeting in the day. The next key events that we recommend to focus are on Wednesday at 8:00 GMT Germany IFO reports.
    The key support level for EURUSD is at 1.1143 as World-Signals.com expects to see test of the support level. The chances for break below are about 50%. The trading strategy this week is to trade within the range of 1.1150 and 1.1280. Also you can keep your short positions and may expect breaks below 1.1143.
    The investors continue to turn to the dollar as is widely expecting Fed to hike the interest rates in June 2016.
    EURUSD-22May2016.jpg
    World-Signals.com - Forex, Stock, Energy and Metal signals to the world
    Join us in our Telegram channel for free signals and services:
    https://t.me/worldsignalsteam

  2. #2
    Member
    Join Date
    Jun 2013
    Posts
    86
    Thanked: 0

    Default

    EURUSD has been on a negative trend and there are chances that selling will be high in this pair , so its better not to go for a buy at this point of time.

  3. #3
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    Any rally at this point in time I began looking for selling opportunities based upon exhaustion.

  4. #4
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    The EUR/USD keeps its way up, but I expect a pivot to appear very soon, so I'm preparing to open a sell.


  5. #5
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    I've already written in the other thread, but I think I should repeat here that EUR/USD seems to be going to continue the down trend and we'd better sell here.


  6. #6
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    The EUR/USD seems to have built a support quite successfully and now it's going up little by little. Let's join the bulls.


  7. #7
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    The EUR/USD was going up little by little, but now it seems to have come back to its usual down trend and I'm pretty sure we should sell today.


  8. #8
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    I guess the EUR/USD will go up after the opening of the market, so I'm preparing to open a buy here.



  9. #9
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    The EUR/USD seems to have finished that huge pull-back and the chart will probably go up next week. I'm buying tomorrow.


  10. #10
    Senior Member
    Join Date
    Jul 2016
    Posts
    230
    Thanked: 0

    Default

    in ro ham eslah kon:
    The EUR/USD pair rallied initially during the day on Tuesday but ran into a significant amount of trouble above the 1.06 handle.


    - - - Updated - - -

    I donít know if we can break down below the 1.05 handle, but until we break above the 1.07 level, I know that I donít want to buy this pair.

Similar Threads

  1. USDJPY continue into short direction
    By World-Signals.com in forum General Forex Discussion
    Replies: 0
    Last Post: 07-10-2020, 01:57 PM
  2. EURUSD changes the upward movement with downward correction
    By World-Signals.com in forum General Forex Discussion
    Replies: 1
    Last Post: 01-22-2020, 05:14 PM
  3. Full of fundamental events this week may cause trading within the range of EURUSD
    By World-Signals.com in forum General Forex Discussion
    Replies: 4
    Last Post: 12-03-2018, 09:17 AM
  4. Daily Strategy - Trade EURUSD in flat direction with partially long positions
    By World-Signals.com in forum General Forex Discussion
    Replies: 1
    Last Post: 02-27-2018, 02:12 AM
  5. Daily Strategy - Trade in short EURUSD positions with small profit today
    By World-Signals.com in forum General Forex Discussion
    Replies: 1
    Last Post: 02-23-2018, 03:18 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us