www.fxtrainingzone.com EUR/USD I see the short term trend as down, therefore class this as a Trend Continuation trade based on: – Bearish englufing shotting star formation close on the 4H, failing to close above the 50% retracement line (from daily timeframe – shown in yellow on chart image). – Price action failed to close above [...]
Posts Tagged ‘EUR/USD’
FOREX Trading Review Video 02 OCT 09 EUR/USD (+ 138 pips)
www.fxtrainingzone.com EUR/USD Bullish engulfing candle of the 55 EMA daily. Reasons for Trade: – Price found support off the 55 EMA daily – Engulfed previous resistance area. – Price action found support off the 200 SMA on 4H – Used 5M chart to gain entry.
Forex: EUR/USD breaks to session low below 1.3250
FXstreet.com (Barcelona) – Euro retreat from yesterday's high at 1.3435 has extended during European session, with the new year rally on equity markets …See all stories on this topic » View full post on Google Alerts – forex
Forex: EUR/USD, contained at 1.3250, picks up to 1.3300
FXstreet.com (Barcelona) – Euro retreat from 1.3425 high on Friday has extended on Asian session, to hit 1.3250 low at European session opening, …See all stories on this topic » View full post on Google Alerts – forex
Forex: EUR/USD loses momentum before European opening
FXstreet.com (Córdoba) – The hegemonic currency failed to extend its gains against the Greenback above the 1.3260 resistance zone, where EUR/USD set a fresh …See all stories on this topic » View full post on Google Alerts – forex