EURUUSD IS IN A MAJOR DECISION MAKING ZONE
Right now EURUSD is hitting the upper trendline of a 2-year-long downtrend channel. There are some major fundamental issues that are gonna help us forecast the next movement of EURUSD. THOSE ARE:
1) Fed rate cut - Positive for EUR ***
2) Corona impact in Europe - negative for EUR ***
3) SWAP FROM EURUSD - Needs to be calculated after the next Fed rate decision.
4) Sentiment about USD, it works as second safe heaven sometimes - negative for EUR
WE will look for news from fed and the effect of coronavirus to find out the next movement of EURUSD. STAY WITH US for a potential 250-300 pips trade signal. CHIAO...
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I only trade AUD AND NZD related pairs and some major fundamentals events. I closely monitor CHINEESE STOCK MARKET, NEWZEALAND AND AUSTRALIAN ECONOMY to do my analysis.
After years of fx trading, I've found, it's best to trade with 1 or 2 currency pairs. Narrow focus brings the best result in the forex market.
I try to post and update my trade ideas every week. Follow me, if you like my analysis.
I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable placing orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
I also manage investor's funds and give forex signals. Feel free to contact me if you are interested.
Feel free to contact me for any forex related issue
CONTACT INFO:
Email: mr908fardungmail.com
Telegram and what's app: +8801610226090
MYFXBOOK: FARDUN908
1) Fed rate cut - Positive for EUR ***
2) Corona impact in Europe - negative for EUR ***
3) SWAP FROM EURUSD - Needs to be calculated after the next Fed rate decision.
4) Sentiment about USD, it works as second safe heaven sometimes - negative for EUR
WE will look for news from fed and the effect of coronavirus to find out the next movement of EURUSD. STAY WITH US for a potential 250-300 pips trade signal. CHIAO...
*********************************
I only trade AUD AND NZD related pairs and some major fundamentals events. I closely monitor CHINEESE STOCK MARKET, NEWZEALAND AND AUSTRALIAN ECONOMY to do my analysis.
After years of fx trading, I've found, it's best to trade with 1 or 2 currency pairs. Narrow focus brings the best result in the forex market.
I try to post and update my trade ideas every week. Follow me, if you like my analysis.
I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable placing orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
I also manage investor's funds and give forex signals. Feel free to contact me if you are interested.
Feel free to contact me for any forex related issue
CONTACT INFO:
Email: mr908fardungmail.com
Telegram and what's app: +8801610226090
MYFXBOOK: FARDUN908
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