EURUSD Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | 0.31% | 33.5 Pips |  |
||
| Week to-date | 0.31% | 33.5 Pips |  |
||
| September | -1.37% | -148.4 Pips |  |
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What happened lately
No major activities.
What can we expect from EURUSD today?
EURUSD on Monday rose 0.31% to 1.06931. Price is below 9-Day EMA while Stochastic is falling in oversold zone.
Updated daily direction for EURUSD looks bullish as the pair ended higher after Monday trading session.
Looking ahead for the day, immediate upside resistance level is R1 at 1.07099 with break above could target R2 at 1.07268 or figure level area. While towards the downside, we are looking at daily low of 1.06540 as an important support. Break below this level could weaken the current bullish momentum. A break above 1.06988 may suggest continuation after recent positive movement.
For the week to-date, take note that EURUSD is mixed as compared to the prior week.
Key levels to watch out:
| R3 | 1.07547 |
| R2 | 1.07268 |
| R1 | 1.07099 |
| Daily Pivot | 1.0682 |
| S1 | 1.06651 |
| S2 | 1.06372 |
| S3 | 1.06203 |
#EURUSD Trending on Twitter
And as you can see this is for me a good trade, here we're not talking about reward, we're talking about the exit of the trade because, as u can see on the footprint bid&ask price made a large wick and took all the resting liquidity after the range, 1/2
#forex #EURUSD #trading
Quick exemple of what is for me a bad winning trade, it was a bullish trend day and i've just expect a retracement to an orderblock on top of the london session, i was targeting 2RR no more and the price after caming back the zone have instantly reverse
#myforexfunds #forex $gold
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