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  1. #1
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    EUR/USD Market analysis.

    Hello, traders! What’s going on! Hope all of you are enjoying your trading! What’s your opinion on EUR/USD trading pair right now? Yes, last week we found little bit sell pressure, but till now the trend is bullish, so don’t make any long time buy trade below 1.1659! It’s a crucial level; Buyers may back from this level! Here, is my chart with a short term sell trade!


  2. #2
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    Quote Originally Posted by Steve nison View Post
    Hello, traders! What’s going on! Hope all of you are enjoying your trading! What’s your opinion on EUR/USD trading pair right now? Yes, last week we found little bit sell pressure, but till now the trend is bullish, so don’t make any long time buy trade below 1.1659! It’s a crucial level; Buyers may back from this level! Here, is my chart with a short term sell trade!

    Hello, I am little bit confused because you are talking about bullish trend; but you are with a sell trade? Why?

  3. #3
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    Quote Originally Posted by Andre Silva View Post
    Hello, I am little bit confused because you are talking about bullish trend; but you are with a sell trade? Why?
    Hi silva! Thank you very much for your question! Yes, it’s a bullish trend, no doubt about this issue! But you know, Market rejected from the level of 1.2071 so strongly! So, immediately I have opened this sell trade, but look at my TP. It’s above 1.1659 level (Support level)! That’s the observation about this trade!

  4. #4
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    Quote Originally Posted by Steve nison View Post
    Hi silva! Thank you very much for your question! Yes, it’s a bullish trend, no doubt about this issue! But you know, Market rejected from the level of 1.2071 so strongly! So, immediately I have opened this sell trade, but look at my TP. It’s above 1.1659 level (Support level)! That’s the observation about this trade!
    Thank you very much for your clarification, it really makes sense to me!

  5. #5
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    Steve; frankly speaking! I like your style of market analysis! Simple but too much meaningful! By the way I don’t think till now bullish trend is available! Recent sell move is so much aggressive so I seem, nearest support level will be broken very comfortably as like recent aggressive sell moves! My target is 1.21522 level!

  6. #6
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    Well. EUR/USD is my favorite trading instrument! I started my trading career through EUR/USD! In addition, till now I use mostly EUR/USD! By the way, last month I suffered a lot here! So many false signals from my trading strategy! Although, it provides me 70% success ratio; but last month I got 8 negative trades out of 13!

 

 

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