Eur usd touched nearly 1.20000 recently and very quickly returned to 1.18800. This quick move created a doubt in trader’s mind, if it is a beginning of trend reversal or just a correction in the bull run? If we look at the price action at first glance it looks like a correction and should beContinue reading “EUR USD, A TREND REVERSAL OR A CORRECTION IN BULL RUN?”
Tag Archives: eur usd
SELL OPPORTUNITY KNOCKING IN EUR USD.
Eur Usd is trading in a small range since mid April. However some good opportunities were arisen in the meantime. But now the pair started hitting the resistance lines. Means that a good sell opportunity is knocking. It is still possible that the pair may rise from here but should be taken as a profitableContinue reading “SELL OPPORTUNITY KNOCKING IN EUR USD.”
ARE RISK CURRENCIES ABOUT TO TURN?
Forex market was showing some signs of reversal previous week. And we started to book profits in eur usd a little bit earlier. However with the overall strength of Usd, and due to Gbp usd’s weakness Eur Usd was also dragged lower. Usd jpy was in continuous uptrend in the whole last week. Usd chfContinue reading “ARE RISK CURRENCIES ABOUT TO TURN?”
IS IT TIME TO BOOK PROFITS IN EUR USD AND GBP USD ?
Congratulations to all those following this blog and earning decent profits. In previous post some good profit making opportunities were highlighted specifically in eur usd and gbp usd. Traders buying usd jpy on dips are also in good profits. Usd chf buyers are also happy. Aud usd and Nzd usd was predicted to trade inContinue reading “IS IT TIME TO BOOK PROFITS IN EUR USD AND GBP USD ?”
WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.
Hello to all, last week we all witnessed was full of rollercoaster rides, swings can still be felt. Will it continue this week or not is a big question. I also have no answer for this. Till now I used to trade with only one method, which was to buy the pair at support linesContinue reading “WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.”
Forex Trading Analysis 