🔔🔔🔔EUR/USD news:
➡️ Ongoing rhetoric about easing trade tensions between the United States and China has had a positive impact on stock markets, helping to restore some calm. However, investors remain cautious about making significant bets on the U.S. dollar.
➡️ Meanwhile, the euro is trading slightly below the 1.1400 level early Wednesday, staying within a narrow range as traders have largely refrained from making bold moves in recent days.
Personal opinion:
➡️ EUR/USD is correcting lower after showing overbought conditions at a three-year high of 1.1575. However, a healthy correction for the USD has emerged but the US dollar cannot be considered back in the forefront. Let's take a look at the upcoming US trade deal.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1360 - 1.1350
❌SL: 1.1310 | ✅TP: 1.1410 - 1.1470
FM wishes you a successful trading day 💰💰💰
➡️ Ongoing rhetoric about easing trade tensions between the United States and China has had a positive impact on stock markets, helping to restore some calm. However, investors remain cautious about making significant bets on the U.S. dollar.
➡️ Meanwhile, the euro is trading slightly below the 1.1400 level early Wednesday, staying within a narrow range as traders have largely refrained from making bold moves in recent days.
Personal opinion:
➡️ EUR/USD is correcting lower after showing overbought conditions at a three-year high of 1.1575. However, a healthy correction for the USD has emerged but the US dollar cannot be considered back in the forefront. Let's take a look at the upcoming US trade deal.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1360 - 1.1350
❌SL: 1.1310 | ✅TP: 1.1410 - 1.1470
FM wishes you a successful trading day 💰💰💰
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Channel: signals - knowledge and FOREX comments
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.