Daily Strategy -  Trade war USA - China on focus

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    Default Daily Strategy - Trade war USA - China on focus

    Daily Strategy -  Trade war USA - China on focus
    EURUSD (1.2304)
    Trend: Neutral
    Support/Resistance: 1.2240 - 1.2360
    The most important news that will move the Dollar is the starting trade war between United States and China and the effect over the economy. If the United States duty helps to economic growth the effect probably will be temporary within couple of months. The Dollar may growth during these months against the major currencies. The day after The Eastern the Dollar is flat into neutral direction against the Euro. But this week is the important Non-farm payroll report on Friday.
    World-Signals.com trading strategy today is to trade into neutral direction with chance to open short positions from levels above 1.2335/40.
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    In Forex market there are many trading indicators. But without knowing the using system many traders get failure to use it properly. I am fully depends on my broker Forex4you for any kind of trading indicators. My broker helps me to take decision according to the market situation. You will not satisfy with any indicators until you know the proper using system of these trading indicators. Which indicator is better to use still I am not getting.

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    in ro ham eslah kon:
    Candlestick charts are one of the most prevalent and powerful technical analysis tools in the traderís toolkit. Used correctly, they can be a leading indicator of market activity.

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