Tag: EURUSD Analysis

EURUSD Analysis

EURUSD May

Buy EURUSD at any price between 1.0530 until 1.0500 EURUSD May Date : ( 4/May/2022 ) EURUSD Analysis : After 7 years, EURUSD hit the multi-year Strong Support Area in the higher timeframe Monthly chart. In the daily timeframe, EURUSD is standing exactly at the lower low area of the descending channel. Target 1: 1.0610 Target 2: 1.0700 Target 3: 1.0815 Stop Loss: 1.0425 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply ... Read more

eurusd analysis

eurusd Buy EURUSD at any price between 1.0665 until 1.0650 EURUSD Analysis : EURUSD hits the major horizontal support area in the higher timeframe weekly chart. In the smaller timeframe 4-hour chart, EURUSD hits the lower low level of the descending channel Target 1: 1.0730 Target 2: 1.0800 Target 3: 1.0880 Stop Loss: 1.0590 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ... Read more

EURUSD

EURUSD Buy EURUSD at any price between 1.1738 until 1.1715 EURUSD Analysis EURUSD is standing at the support area in the daily timeframe chart. In the 4-hour timeframe, EURUSD is bouncing back from the lower low level of the minor descending channel. Target 1: 1.1788 Target 2: 1.1865 Target 3: 1.1940 Stop Loss: 1.1655 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ... Read more

EURUSD and USDCHF

inverse correlation continues exactly, both of this assets travelled +2000 points exactly in 1 week, check here: Inverse Correlation Analysis From last week to this week, both EURUSD and USDCHF has travelled at the same distance of +2000 points.  EURUSD went down +2000 points and USDCHF went up +2000 points. Overall, USD got stronger than the Euro and CHF. Inverse correlation means If the EURUSD goes down, then USDCHF will move up. EURUSD and USDCHF are the inverse correlated asset for a long time. but from the last week to this week, the number of points travelled matches exactly after ... Read more