2019-11-11 • Updated
Trade ideas
BUY 1.1455; TP 1.15; SL 1.1440
SELL 1.1415; TP 1.1385; SL 1.1425
EUR/USD is continuing its sideways dynamics: the pair remains in the range between 1.13 and 1.15, in which it has been trading for the last 3 months. Last week it closed in a positive fashion giving the pair some momentum to test the upper border of this range and the resistance line which is connecting September and January highs. At the same time, the pair ran into the 100-day MA yesterday (1.1445), so naturally, it should break higher to be able to reach 1.15. Otherwise, the pair will return to the 50-day MA (1.1385).
Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means - time for another episode in the “What To Trade” series. For December, I will be mapping out trade more cautiously as the market volatility often drops
The EUR/USD pair is making gains, approaching multi-month highs around 1.0960, driven by a weakened USD and Christine Lagarde's somewhat hawkish remarks before the European Parliament. Minor housing data from the U.S., specifically New Home Sales for October, came in below expectations but didn't significantly impact the pair. Lagarde, President of the...
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In the dynamic world of financial trading, understanding the nuanced relationship between the Federal Reserve's key interest rates and Bitcoin can be a game-changer…
As the US Non-Farm Payrolls (NFP) take center stage, this month's data gains special attention, particularly after the unemployment rate took a concerning turn in the previous month. The US ADP Employment Change reveals a significant decline, with the economy adding 298K new jobs...
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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