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Lingrid | EURUSD short the PULLBACK in the Bearish TRENDFX:EURUSD market is currently pulling back toward the resistance zone, which may present an opportunity for trend continuation. The overall trend remains bearish, supported by bearish momentum in the market. The December monthly candle closed very bearish. Given this context, I anticipate that the market will continue to push lower. If the price provides a clear signal at the resistance at 1.03670 and the downward trendline area, I expect to see a trend continuation opportunity in this bearish market. My goal is support zone around 1.02650 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
8
EURUSD: a clear road to parityDuring the previous week markets were celebrating the New Year, with only a few days spent in trading. For this reason, investors would have to wait another week or two to get the latest currently significant data related mostly to inflation. Data posted for the US include the S&P Global manufacturing PMI final for December, which was standing at 49,4 a bit higher from expected 48,3. The ISM Manufacturing PMI in December was at the level of 49,3 a bit higher from forecasted 48,4. Data posted for the Euro Zone and Germany include HCOB Manufacturing PMI final for December, which was 42,5 for Germany and 45,1 for the Euro Zone, both in line with expectations. The Unemployment rate in Germany in December was standing at 6,1%, unchanged for the previous month. During the first trading week of the year, the US Dollar gained in strength. The 1,04 support line remained under pressure. This represents a historically important level, whose breach to the downside would lead to eurusd parity in the coming period. Since the end of the previous year, the market was testing this level, however, the level sustained, bringing the currency pair back toward the 1,05 levels. Since there was no strength for the higher grounds, the currency pair reverted again toward the 1,04 level. During the previous week, the support line has been clearly breached, leading eurusd to the lowest weekly level at 1,023. Still, the pair is ending the week at 1,0308. With the latest move, the RSI reached its clearly oversold market side, and is currently gearing for a short reversal. The moving average of 50 days still strongly diverges from MA 200, leaving no space for a potential cross in the near term period. By looking at the charts, it could be noted that the currency pair is on a tricky road right now. Since the end of the previous year it was clear that the 1,04 would be a target of the market in the coming period, however, it could not be predicted that the market would so swiftly turn its look toward the next support line. The last time when markets were on this territory was in November 2022. Based on these movements, charts are showing that there is no significant level between 1,024 and 1,0. This brings us to a conclusion of a high probability that the breach of 1,024 level would certainly lead toward the final parity of currencies. However, for the moment, charts are showing a potential for a short term reversal. In this sense, the level of 1,04 would be tested for one more time. Important news to watch during the week ahead are: EUR: HCOB Composite and HCOB Services PMI final for December in both Germany and the Euro Zone, Inflation rate in Germany preliminary for December, Inflation rate flash in December for the Euro Zone, Unemployment rate in the Euro Zone in December, Retail Sales and Factory Orders in Germany in November, Industrial Production in Germany in November, Retail Sales in the Euro Zone in November, USD: S&P Global Composite PMI final for December, S&P Global Services PMI final in December, ISM Services PMI in December, FOMC Minutes will be posted on January 9th, Non-farm Payrolls in December, Unemployment rate in December, Michigan Consumer Sentiment
by XBTFX
PREVIOUS VOLATILE BEARISH BREAKOUT TO RETEST RESISTANCE SUPPORTWhile observing "high volatility in the previous bearish trend" followed by a breakout of the resistance on these areas, price looks to be aiming to the previous horizontal support levels. In the development of the new to be "Resistance Levels" price has the opportunity to approach with potential volatile movements. With the overall gathering of information, this investment decision has a logical conclusion to be approachable. With "Key Market Levels & Price History Reactions" by applying calculated risk to reward strategies, this is an opportunity for observing and experience the completed development.
Long
by MasterPipzTrader
Trading Forex vs Stock CFDs: Differences and AdvantagesTrading Forex vs Stock CFDs: Differences and Advantages Forex and stock markets are two of the most popular options for traders, each offering unique opportunities and challenges. While forex focuses on trading global currency pairs, stocks involve buying and selling shares of companies. Understanding their differences—from market size and liquidity to trading costs and risk—can help traders choose the market that best suits their strategy. Let’s break down the key differences between forex and stocks. What Is Forex Trading vs Stock Trading? Let us start with some general information that you may already know. The forex market revolves around trading currency pairs, such as EUR/USD, and operates globally, making it the largest financial market with a daily turnover exceeding $7.5 trillion (April 2022). It’s decentralised, meaning transactions occur directly between participants across time zones, with no single central exchange. In contrast, the stock market involves buying and selling shares of publicly listed companies, like Tesla or Nvidia, through centralised exchanges such as the NYSE or LSE. Trading hours are fixed and tied to each exchange’s location, creating more defined trading windows. Forex markets are driven by macroeconomic events and international factors, while stocks are mostly influenced by company-specific developments like earnings reports and industry trends. In this article, we will talk about Contracts for Difference (CFD) trading. To explore live forex and stock CFD trading opportunities, head over to FXOpen’s free TickTrader platform. Forex vs Stock Trading: Market Accessibility and Trading Hours One of the most important differences between forex and stock markets is their structure and timings. Forex: Open 24/5 The forex market operates 24 hours a day, five days a week, cycling through major trading sessions in Sydney, Tokyo, London, and New York. This continuous nature allows traders to react to global events in real-time, whether it’s midday in the UK or midnight in Asia. For example, a trader monitoring the London session can seamlessly transition into the New York session without waiting for markets to reopen. Stocks: Fixed Timeframes Stock trading is tied to the operating hours of centralised exchanges. For example, the NYSE runs from 9:30 am to 4:00 pm EST, while the LSE operates from 8:00 am to 4:30 pm GMT. This also applies to stock CFDs. Outside of these hours, activity is limited to pre- and post-market trading, which typically sees lower liquidity and higher spreads. Conclusion Forex provides flexibility for traders who value around-the-clock access, while stock traders need to plan their activity within set hours. This makes forex especially appealing to those with unconventional schedules or a need for an immediate market response. Trading Stocks vs Forex: Market Size and Liquidity The size and liquidity of a market dictate how efficiently trades are executed and at what cost. Forex and stock trading differs significantly in these areas. Forex: The $7.5 Trillion Giant The forex market stands as the largest in the financial world, with daily trading volumes exceeding $7.5 trillion (April, 2022). This immense size ensures high liquidity in many pairs, meaning they can be traded almost instantly with minimal price slippage. Tight spreads—often as low as fractions of a pip—make forex particularly attractive to traders seeking frequent, precise entries and exits. Stocks: Liquidity Highly Varies The stock market is smaller and is subject to more complicated factors, therefore, traders may suffer when opening and closing trades. First, stock liquidity highly depends on the company and its trading volume. Blue-chip stocks like Apple or BP typically offer high liquidity, which contributes to smooth transactions with competitive spreads. However, smaller, less-traded stocks may suffer from wider spreads and slower execution, particularly during market volatility. Second, trading hours affect market liquidity, making it challenging to trade before and after market close. Conclusion Forex’s unmatched liquidity mainly ensures consistent trade execution across major pairs. In contrast, stock traders must carefully choose assets to avoid issues with low liquidity, especially when trading small caps or during off-peak hours. Forex vs Stocks: Volatility and Price Drivers High volatility creates opportunities for traders by producing price swings that can be capitalised on. However, the factors driving these movements differ significantly between forex and stocks. Forex: Global Events and Macro Trends Forex volatility is often driven by large-scale economic and geopolitical events. Central bank interest rate decisions, employment data, inflation reports, and geopolitical tensions can cause significant price shifts. For instance, a hawkish Federal Reserve announcement can lead to USD appreciation against other currencies. Currency pairs also experience varying levels of volatility depending on their classification. Major pairs like EUR/USD tend to be less volatile than exotic pairs such as USD/ZAR, where price swings can be much more dramatic due to lower liquidity and heightened economic risks. Stocks: Company-Specific Drivers Stock volatility is more granular, often linked to specific companies. Earnings reports, mergers, leadership changes, or industry news can move a single stock significantly. Broader market trends, such as sector-wide sentiment shifts, can also drive volatility, but these are secondary to company-specific factors. For example, Tesla’s earnings announcement can cause sharp movements in its share price without impacting other automakers. Conclusion Forex volatility is broader and influenced by global macroeconomic trends, while stocks are typically driven by isolated, company-specific events. This distinction makes forex appealing for traders focusing on macro analysis and technical patterns, whereas stock traders often blend fundamental company research with broader market trends to identify trading opportunities. Forex Trading vs Stock Trading: Trading Costs and Leverage Trading costs and leverage significantly impact a trader’s strategy and potential returns. And choosing between trading stocks or forex is no exception. Forex: Potentially Low Costs and High Leverage Forex may provide opportunities for lower-cost trading, with fees paid via commissions and spreads. For instance, forex commissions at FXOpen start at $1.50 per lot, depending on account size. Spreads are usually tight for major pairs like EUR/USD, making costs relatively low. At FXOpen, you can trade with spreads from 0.0 pips. Forex offers significantly higher leverage compared to stocks. While this allows traders to operate with smaller capital, it requires disciplined risk management to avoid significant losses. Stocks: Higher Costs, Lower Leverage Stock trading via CFDs typically incurs higher costs compared to forex, with commissions charged per trade or embedded in spreads. For instance, at FXOpen, US stock CFD traders can see commissions charged from 0.04% to 0.1%, varying by account size, with a minimum commission of $1 per order. Leverage is also lower—usually capped at 1:5 for retail traders, reflecting the relative instability of stock prices compared to currencies. Conclusion Forex CFDs offer lower costs and higher leverage, making it popular among traders with a short-term focus. Stock CFDs, while more expensive, give access to financial instruments for portfolio diversification. Choosing between them depends on the trader’s goals, risk tolerance, and preferred market dynamics. Forex vs Stocks: Regulation and Market Transparency Regulation and transparency are critical for traders when choosing between forex and stocks. Both markets are regulated, but their structures create distinct differences in how pricing and trade execution work. Forex: Decentralised and Broker-Driven The forex market is decentralised, meaning trades are executed through brokers rather than central exchanges. This structure can lead to variations in pricing and execution quality, depending on the broker. Therefore, traders need to find regulated brokers to avoid issues with unreliable pricing or execution. For example, FXOpen is regulated by the FCA and CySEC to ensure fair practices and client fund protection. Stocks: Centralised and Transparent Traditional stock markets operate on centralised exchanges like the NYSE or LSE, where all trades are matched through a regulated order book. This ensures consistent pricing and high transparency, as traders can see bid and ask levels across the market. At the same time, stock CFDs are traded on a broker level. Conclusion Forex and stock CFDs’ decentralised nature provides flexibility but relies heavily on broker reliability. Forex Trading vs Stock Trading: Suitability for Different Trader Types Deciding between forex trading and stock trading comes down to choosing between each market’s unique characteristics. Forex: Favouring Short-Term Strategies Forex is ideal for short-term traders, such as scalpers and day traders. Its high liquidity and round-the-clock trading mean there’s always an opportunity to act on price movements, especially during overlapping sessions like London and New York. The use of leverage, often higher in forex, makes it appealing for those seeking to amplify returns on smaller price shifts (please remember that higher leverage leads to higher risks). Traders in forex often focus on technical analysis, utilising chart patterns and indicators, and study macroeconomic data to analyse short-term trends. This market tends to suit individuals who are comfortable with frequent decision-making and quick trade execution. Stocks: A Blend of Short and Medium-Term Trading Stock trading, particularly via CFDs, is more versatile, attracting both medium-term and swing traders. While day trading is possible, the structured trading hours and broader price swings make stocks particularly appealing for those who prefer holding positions for days or weeks. Stock traders often lean on company-specific fundamentals, such as earnings reports or sector trends, alongside technical analysis. This market suits individuals who prefer analysing individual businesses or sector dynamics over global macro trends. Conclusion Forex trading caters to short-term strategies, attracting traders who thrive on quick decisions and frequent trades, while stock trading offers flexibility, appealing to those who prefer a mix of short- and medium-term strategies with a focus on company fundamentals. Each market has unique characteristics, allowing traders to choose based on their style and objectives. The Bottom Line Both forex and stock markets may offer unique opportunities tailored to different trading strategies and goals. Whether you’re drawn to forex’s 24/5 accessibility or the structured transparency of stocks, understanding their key differences is crucial. Ready to explore forex and stock CFD trading? Open an FXOpen account today and take advantage of competitive spreads, fast execution speeds, and a wide range of instruments. FAQ Is the Stock Market Bigger Than Forex? No, the forex market is significantly larger. Forex sees daily trading volumes exceeding $7.5 trillion (April, 2022). This makes forex the largest and most liquid market, popular among traders seeking tighter spreads and fast execution. What Is the Correlation Between Forex and Stock Markets? The relationship varies. Commodity-linked currencies like AUD or CAD often correlate with related stocks or indices. Broader market sentiment, such as risk-on or risk-off conditions, can also drive both forex and stocks in similar or opposing directions. Should I Invest in Forex or Stocks? It depends on your trading style. Forex could suit short-term traders focusing on global economic trends, while stocks might appeal to those who prefer company analysis or medium-term strategies. Which May Offer Greater Returns, Forex or Stocks? Ultimately, potential returns depend on your strategy and discipline. Forex offers higher leverage for short-term trades, but higher leverage leads to higher risks. Stocks may provide better longer-term growth potential, but they are subject to high volatility. Which Is Riskier, Forex or Stocks? Forex can be riskier due to leverage and rapid price swings. Stocks also carry risks, particularly from company-specific events, but lower leverage makes losses potentially less amplified. The risk depends on your approach and management. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
2
Epiphany Week EURUSD: Fed Minutes and Eurozone CPIThe EUR/USD pair faces a pivotal week as key economic events on both sides of the Atlantic could shape market sentiment. Investors will closely monitor the Eurozone Consumer Price Index (CPI) and the U.S. Federal Reserve (Fed) minutes amid growing concerns over inflation and its impact on monetary policy. Focus on the Eurozone: Inflation and Employment Despite the Epiphany holiday, Monday will bring important data, including the Eurozone Composite Purchasing Managers' Index (PMI) and Germany’s CPI. These figures will provide an early insight into the region's economic activity and inflationary pressures. The main event will be Tuesday's release of December's Eurozone CPI. Following a prior increase to 2.3%, the market will assess whether inflation continues to exceed expectations. Additionally, the Eurozone unemployment rate, which remains at 6.3%, will shed further light on the labor market's health. On Wednesday, Eurozone consumer confidence, previously at -14.5 points, will be published. However, the spotlight will be on the Fed minutes, which are expected to reveal discussions among Federal Open Market Committee (FOMC) members about the pace of rate cuts projected for 2025. Diverging views, driven by persistent inflation and the strength of the U.S. economy, could add volatility to the EUR/USD. Key U.S. Indicators: A Packed Schedule Friday shifts the focus to the U.S., with the release of December's employment report, including non-farm payrolls (NFP), expected to decline to 153,000 from November's 227,000. Historically, December's figures often surpass forecasts, potentially introducing volatility to the pair. The unemployment rate, projected to remain at 4.2%, and the University of Michigan’s Consumer Sentiment Index will also be released. EUR/USD Outlook The euro faces downward pressure against the dollar due to diverging economic momentum and monetary policies between the two regions. A stronger-than-expected U.S. labor market could bolster the dollar, especially if the Fed minutes signal caution in rate cuts. Conversely, a higher-than-expected Eurozone CPI could temporarily support the euro. However, broader economic challenges in the region may cap potential gains. Epiphany Week promises significant volatility for the EUR/USD, with inflation, employment, and monetary policy as critical factors for investors navigating this dynamic landscape. Ion Jauregui –ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Short
by ActivTrades
EUR/USD WANT SELL ZONE AT 1.03683EUR/USD has been in a consistent downward movement, often referred to as a "waterfall," which means the price has been falling steadily over time. Currently, it is advised to sell at 1.03680, with the expectation that the price will continue to drop. The technical target for this downward move is 1.01000. Support zone: The first area of potential support is around 1.02500, where the price may stop falling and reverse direction. Resistance zone: If the price moves upward, 1.04300 serves as the resistance zone, where the price could face difficulty breaking through.
Short
by ALBERTGOLDHUNTER
7
Market Analysis: EUR/USD TumblesMarket Analysis: EUR/USD Tumbles EUR/USD declined from the 1.0450 resistance and traded below 1.0300. Important Takeaways for EUR/USD Analysis Today - The Euro started a fresh decline below the 1.0350 support zone. - There is a key bearish trend line forming with resistance at 1.0320 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair struggled to clear the 1.0450 resistance zone. The Euro started a fresh decline and traded below the 1.0350 support zone against the US Dollar. The pair declined below 1.0300 and tested the 1.0225 zone. A low was formed near 1.0224 and the pair recently attempted a recovery wave. There was a minor recovery wave above the 1.0280 level. The pair climbed above the 23.6% Fib retracement level of the downward move from the 1.0458 swing high to the 1.0224 low. The pair is now trading above 1.0285 and the 50-hour simple moving average. On the upside, the pair is now facing resistance near the 1.0320 level. There is also a key bearish trend line forming with resistance at 1.0320. The next key resistance is at 1.0340. The main resistance is near the 1.0365 level or the 61.8% Fib retracement level of the downward move from the 1.0458 swing high to the 1.0224 low. A clear move above the 1.0365 level could send the pair toward the 1.0460 resistance. An upside break above 1.0460 could set the pace for another increase. In the stated case, the pair might rise toward 1.0500. If not, the pair might resume its decline. The first major support on the EUR/USD chart is near 1.0280. The next key support is at 1.0225. If there is a downside break below 1.0225, the pair could drop toward 1.0200. The next support is near 1.0150, below which the pair could start a major decline. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Euro CrisisEUR/USD Forex Analysis The Euro (EUR) has been losing ground against the U.S. Dollar (USD), which continues to strengthen. Robust U.S. economic data and aggressive Federal Reserve rate hikes have kept the USD on solid footing, putting the Euro under pressure. Key Challenges for the Euro Weak Eurozone Growth - High inflation, rising borrowing costs, and shaky consumer confidence are holding back growth. Geopolitical Uncertainty - The Russia-Ukraine conflict is disrupting supply chains and fueling economic instability. Policy Divergence - The European Central Bank's cautious approach contrasts with the Fed's more aggressive stance, limiting the Euro's recovery potential. Outlook The Euro remains at risk and could retest historical lows if economic conditions and geopolitical tensions fail to improve. Key Levels to Watch Support: 0.9800, 0.9500 Resistance: 1.0500, 1.0800 Final Thoughts Without signs of economic recovery or geopolitical stability, the Euro may stay under pressure. Traders should monitor economic data and central bank decisions closely. FX_IDC:EURUSD PEPPERSTONE:EURUSD OANDA:EURUSD
Short
by GoldenEdge
EUR/USD Forecast: Bullish Opportunity Ahead!Based on the latest analysis using our FREE EASY Trading AI strategy, I foresee a bullish movement for the EUR/USD pair. The recommended entry price to capitalize on this potential uptrend is set at 1.03078. This bullish outlook is underpinned by several key factors. First, recent economic indicators suggest a strengthening euro against the dollar, driven by positive market sentiment and robust economic data from the Eurozone. The combination of these factors is likely to propel the EUR/USD pair upward. To safeguard your investment, I recommend setting a stop loss at 1.02694667, allowing for a strategic exit should the market move against us. Conversely, a take profit level has been identified at 1.03279667, which aligns with previous resistance levels observed in this currency pair. Utilizing the signals generated through the EASY Trading AI, I encourage traders to remain vigilant and consider these levels for execution. Remember, trading involves risks, but with the right strategy and analysis, opportunities like this can lead to fruitful outcomes. Happy trading!
Long
by ForexRobotEasy
EURUSD InsightHello, subscribers! Thank you all for tuning in. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points: - The ISM December U.S. Manufacturing PMI rose by 0.9 points from the previous month to 49.3, exceeding the market expectation of 48.4. - The People’s Bank of China announced in its Q4 monetary policy committee discussions that it will reduce the reserve requirement ratio and interest rates at an appropriate time. It also emphasized strengthening monetary policy adjustments to enhance foresight, purpose, and effectiveness. - European natural gas futures surged nearly 4% last week, continuing their sharp rise, drawing attention to the Eurozone CPI. Major Economic Events This Week: + January 6: Germany's December Consumer Price Index, U.S. December Services PMI + January 7: Eurozone December Consumer Price Index, U.S. December ISM Non-Manufacturing PMI, U.S. November JOLTS report + January 8: U.S. December ADP Nonfarm Employment Change, FOMC Meeting Minutes + January 10: U.S. December Nonfarm Payrolls, Unemployment Rate EUR/USD Chart Analysis: After breaking through the 1.03400 support line, which was tested twice, EUR/USD extended its decline to the 1.02000 level. While it is showing signs of recovery, thick resistance levels above suggest that sustaining an upward trend will be challenging. The potential rebound highs are expected at two levels: the first near the 1.03400 line and the second at the 1.04500 line. Following a rejection at these levels, a decline toward the 1.01000 line is anticipated. If an unexpectedly strong upward trend occurs, we will quickly revise our strategy.
Short
by shawntime_academy
EUR/USD Shorts from 1.03600 back down?My analysis for EUR/USD (EU) this week closely mirrors my expectations for GBP/USD (GU), as both pairs share similar points of interest (POIs). I’ll be focusing on capitalizing on the bearish trend evident in the formation of lower lows and lower highs. With the recent break of structure to the downside, new supply zones have been created. I’ll be waiting for a retest of these zones to catch sell opportunities in alignment with the overall trend. Once the price sweeps liquidity and forms a clear schematic, I’ll enter sell trades targeting the demand zone below. Confluences for EU Sells: - The price has shown a Change of Character (CHOCH) and multiple Breaks of Structure (BOS) to the downside. - A few unmitigated supply zones remain, which are likely to be tapped. - Lots of liquidity below, alongside imbalances that need to be filled. - The Dollar Index (DXY) is bullish, strengthening the bearish case for EU through correlation. Note: If the price continues dropping, I’ll wait for a new supply zone to form or look for counter-trend buy opportunities from a valid demand zone.
Short
by Hassan_fx
4
lets see what BTC does this upcoming weekfirst i want to say thank you for all the people who have followed and supported my videos. i have many more coming in 2025 so i can bless you in any type of way. and shout out to trading view for giving me the opportunity to be in the editor pick section it was truly a honor and encouraging moment in my journey. In this video we see BTC doing the same patterns over and over again to make price go higher can we see the same move ? we will find out . i also shared important information that can help you in trading mindset what are your thoughts for BTC or crypto in general? feel free to drop comment! you never know you might help me with information or someone out there GOD BLESS!
Long
by HelpingHand_Investments
Bearish reversal?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.0345 Why we like it: There is a pullback resistance level that line sup with the 50% Fibonacci retracement. Stop loss: 1.0418 Why we like it: There is a pullback resistance level tat is slightly above the 78.6% Fibonacci retracement. Take profit: 1.0268 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
How to Trade the EUR/USD pair oJanuary 6? Simple Tips!EUR/USD is trading around 1.0299. bouncing after having reached a low at 1.0222. This coincided with the bottom of the downtrend channel. Now after the technical bounce, the instrument is located above 2/8 of Murray. So, a recovery is likely to follow in the next few hours. If the euro consolidates above 0/8 of Murray in the next few hours, we could expect it to reach the 21 SMA located at 1.0347. EUR/USD could even reach the top of the bullish trend channel around 1.0385. On the other hand, the euro could consolidate and we could expect a resumption of the bearish cycle, but the key will be to watch for the price to stay above 1.0253. Above this area, there will be an opportunity to buy. Below this area, the euro could continue its fall and could even reach-1/8 Murray around 1.0131. The indicator is showing a bearish signal, so we could expect a technical correction. Then, we will be able to buy if the euro settles above 1.0256. Trading Strategy for Monday: On the 4 hourly chart, the EUR/USD pair has exited its "holiday flat" phase, concluding it with a fresh decline. We believe that the euro's downtrend has resumed in the medium term, with little distance remaining to parity. Further declines in the euro are expected, supported by fundamental and macroeconomic factors that favor the US dollar. Nevertheless, the pair may experience upward movement on Monday, as to buy signals formed at 1.0269 and 1.0277. On the 5-minute time frame, the following levels should be considered: 1.0156, 1.0221, 1.0269-1.0277, 1.0334-1.0359, 1.0433-1.0451, 1.0526, 1.0596, 1.0678, 1.0726-1.0733. 1.0797-1.0804, 1.0845-1.0851. Happy Trading!
Long
by CEO-PREMIUM-ANALYSIS
Sell if it breaks the trend line and looks likely a hug drop Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Short
by QQGuo-Shane