New EUR/USD Trade

New EUR/USD Trade

2021-08-17 • Updated

4H Chart 

EURUSDH4 17 Aug 2021.png

Daily Chart 

EURUSDDaily 17 Aug 2021.png

EUR/USD declined back yesterday after trying to test its 1.18 resistance area, but it failed to do so, declining all the way to 1.1765 during the Asian session today. The daily technical indicators are still showing some bullish signs, which could mean that the upside retracement is not over yet. Therefore, I would like to risk one more trade on EUR/USD today between 1.1765 and 1.1750 with a stop at 1.1725 only, with a possible target of 1.18 followed by 1.1830.

S3 S2 S1 Pivot R1 R2 R3
1.1716 1.1749 1.1764 1.1782 1.1797 1.1815 1.1848



USD Downside Retracement Resumes
USD Downside Retracement Resumes

4H Chart Daily Chart The US Dollar Index failed to sustain its recent gains above its 50 DAY MA, the index declined back yesterday with higher trading volume, while all eyes are on the PPI data today after mixed economic releases over the past few…

Latest news

Novavax is Under Attack
Novavax is Under Attack

Novavax tried to fulfill more than 2 billion doses of vaccine, but the campaign is now delaying too much due to production lags. Is that a sell sign for investors?

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera