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Eurusdforecast

EURUSD | Perspective for the new weekEven as the possibility of the EURUSD dipping to previous low hovers in the air considering the obvious signs of economic slowdown which exacerbate recession-related fears, I am of the opinion that a breakout/retest of the key level at $1.06000 could incite a bullish momentum in the nearest future to surprise the majority. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURUSD: King Dollar reigns supreme!EURUSD Intraday - We look to Sell at 1.0528 (stop at 1.0564) Following yesterday's bearish candle, the overall trend lower looks set to continue today. Rallies should be capped by yesterday's high. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0530, resulting in improved risk/reward. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.0447 and 1.0420 Resistance: 1.0570 / 1.0780 / 1.1100 Support: 1.0480 / 1.0350 / 1.0200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets