GrowingForex

GrowingForex Updated 

hello dear traders & welcome to growing Forex All eyes on M.Draghi. As of tomorrow the EU said that all the 28 countries economy are growing at a faster rate from the US. Still political uncertainty in Europe its about Greece debt its about France elections it looks like Germany is all alone. Germany minister Wolfsgang said Germany alone cant handle the pressure...

GrowingForex Updated 

DEAR TRADER, ACCORDING TO CURRENT SCENARIO PRICE REACHED IN OVERBOUGHT CONDITION,PRICE HAS A DIVERGENCE AND ALSO HAS BEARISH CYPHER. 1.0530 IS STRONG RESISTENCE FOR INTRADAY, IF MARKET BREAKS THIS RESISTENCE THEN PROBABILITY OF UPTREND WILL INCREASE. TARGET WILL BE: 1.0561,1.0536 NOTE: THIS IS NOT AN INVESTMENT ADVICE GOOD LUCK REGARDS, GROWING FOREX TEAM

GrowingForex

Dear trader, I have found a bullish bat on eurusd chart, which leads the price till 1.0630(approx) so we can take a sell limit from that point. Target for buy: 1.0590, 1.0600, 1.0620 Target for sell: 1.0560, 1.0538, 1.0525 Note: This is not an investment advice. Good luck Regards, Growing Forex Team

GrowingForex

Hello dear traders & welcome to growing forex. Try creating pockets. You guys must be waiting for the Euro GDP(Q-4) to enter your trades. That is currently constant. As i mentioned in my previous upload of buy limits price is gradually retracing from 1.0640 levels back to 1.0560 - 1.0550 levels that is probably the 61.8% of Fibonacci. Price making a correction...

GrowingForex

Hello Dear Traders, Welcome To Growing Forex Try Creating Pockets From Different Levels As Shown On The Chart Things To Watch In This Week: March 7 - Euro GDP March 9 - ECB Interest Rate Decision March 9 - ECB Monetary Policy Statement March 10- Non Farm Payroll March 10- Unemployment rate March 10- Labour force participation Rate The Above Thing Can Boast...

GrowingForex Updated 

DEAR TRADER, AS PER CURRENT SITUATION EURUSD IS UNDER SELLING PRESSURE. BUT AFTER APPROACHING D" POINT, THERE IS A EXPECTATION OF GO LONG FROM THE D" POINT OF ABCD PATTERN . TARGET HAS BEEN TAKEN ON FIB LEVEL AS I MENTIONED ON MY CHART. NOTE: THIS IS NOT AN INVESTMENT ADVICE. GOOD LUCK REGARDS, GROWING FOREX

GrowingForex Updated 

HELLO DEAR TRADERS, WELCOME TO THE MARKET ANALYSIS(TECHNICAL,FUNDAMENTAL,SENTIMENTAL). TECHNICALLY,PRICE IS INSIDE THE CORRECTIVE ZONE FORMING A RISING WEDGE & A ZIGZAG CORRECTIVE WAVE OF (5-3-5).A POSSIBLE ENTRY AT 1.05630 ,T/P AT 1.05430. & 1.05240. FUNDAMENTALLY,THE ECONOMIC CALENDAR WILL FOCUS ON THE US DURABLE GOODS ORDER FOLLOWED BY PENDING HOME SALES &...

GrowingForex

HELLO DEAR TRADERS & WELCOME BACK TO GROWING FOREX, FIRSTLY STARTING WITH FUNDAMENTALS YOU GUYS KNOW THAT THE US DATA ARE CURRENTLY STRONG & THE FED'S WILL RATHER RISE THE INTEREST RATES SOON AS THERE IS 90% CHANCE TO HIKE RATES IN MARCH.TODAY JANNET YELLEN'S SPEECH CAN POSSIBLY BOAST THE US ECONOMY & MANY MORE MACROECONOMIC ACTIVITIES. SECONDLY WITH TECHNICAL YOU...

GrowingForex

HELLO DEAR TRADERS, WELCOME TO GROWING FOREX, (TRY CREATING POCKETS) ACCORDING TO THE PREVIOUS POST WHICH IS THE LINKED BELOW YOU GUYS CAN RELATE THIS IDEA.THIS IS THE BIGGER PICTURE OF THE OVERALL TREND WHICH IS IN THE CORRECTION ZONE WHERE WE FIND POINT B AS THE PRZ IE. THE POTENTIAL REVERSAL ZONE UNTIL THE PRICE REACHES 1.0450 LEVELS.ONE CAN ENTRY FROM THE END...

GrowingForex

DEAR TRADER I HAVE FOUND BEARISH CYPHER PATTERN ON EURUSD 0.25% THAT IS GIVING A SIGNAL OF SHORT FOR "C" POINT TARGET AS FOLLWOW 1.0560 1.0546 NOTE: THIS IS NOT AN INVESTMENT IDEA. GOOD LUCK REGARD, GROWING FOREX

GrowingForex

HELLO DEAR TRADERS, A WARM WELCOME TO FIRST DAY OF THIS SENSATIONAL WEEK HAVING ALL THE FUNDAMENTAL NEWS NEED FOR THE EURUSD. IN THE ASIAN SESSION MARKET RISES FROM THE OPEN TO 1.0580 LEVELS WITH THE EURO ZONE NEWS COMING OUT AS POSITIVE PRICE IS LIKELY TO BE IN THE CORRECTIVE ZONE FOR TODAY & A BREAK BELOW 1.05180 WILL PUSH THE PRICE DOWN TO 1.04310 A LONG...

GrowingForex Updated 

HELLO DEAR TRADERS, ACCORDING TO THE BEARISH BIAS PRICE OF EURUSD HAVING A CORRECTION BELOW THE PREVIOUS HIGH OF 1.0678. PRICE IS INSIDE THE RISING WEDGE WHERE A BREAK BELOW THE SUPPORT WOULD OPEN ITS GATE TO 1.0563/1.0536.THE RISING WEDGE IS A CORRECTION PATTERN OF THE PREVIOUS TREND. SUPPORT/TARGET POINTS AT 1.0563/1.0536. ENTRY AT...

GrowingForex Updated 

DEAR FOLLWERS/TRADERS I HAVE FOUND SOME CHART PATTERN FOR YOU. ACCORDING TO THE CURRENT SCENARIO OF EURUSD PRICE IS LIKELY TO RETRACE FROM POINT "B" BEARISH BAT TO COMPLETE THE RETRACEMENT LEVEL OF 38.2% - 50% FOR COMPLETION OF POINT "C" INSIDE THE BEARISH CHANNEL,PREVIOUS PATTERN OF FALLING WEDGE HAS COMPLETED ITS TARGET ZONE WHERE ITS TARGET WAS ON THE...

GrowingForex Updated 

I HAVE FOUND A BEARISH BAT THAT SHOWS US EURUSD WILL GO DOWN FOR SHORT TERM AND AFTER APPROACHING "C" POINT,THERE IS A EXPECTATION MARKET WILL GO LONG. TARGET FOR SHORT USING FEBONACCI LEVEL 1- 1.0620 (ABOVE 38.2%) 2- 1.0600 (BELOW 38.2%) 3- 1.0585 (AROUND 23.6%) TARGET FOR LONG USING FEBONACCI LEVEL AFTER REACHING POINT "C" 1- 1.0640 (50%) 2- 1.0670 (61.8%) 3-...

GrowingForex

HELLO DEAR TRADERS, I WOULD LIKE TO TELL YOU SOME OF THE MAJOR EVENTS TAKING PLACE FROM PAST WEEKS.FIRSTLY WITH ALL THE POSITIVE DATA'S FROM THE UNITED STATES & NO RELEASES FROM THE EURO ZONE THE PAIR IS LIKELY TO CONTINUE ITS DOWNTREND.THE FED'S REACHING THEIR TARGET OF RISING THE INFLATION RATE TO 2%.ALL THE OTHER DATA'S FROM THE UNITED STATES LIKE CPI ,PPI...

GrowingForex

FIRSTLY STARTING WITH THE FUNDAMENTAL ANALYSIS THE EURUSD -0.19% BIAS IS BEARISH HAVING WEAKER EUROPEAN DATA & STRONGER US DATA, FOCUSING THE SENTIMENTS OF THE TRADERS TO 58% SELLERS TO 42 % BUYERS.EXPECTED AN INCREASE IN TODAY'S CONSUMER PRICE DATA DUE TO AN INCREASE IN ENERGY PRICE. INFLATION COULD BE INCREASED UP TO 2 PCT IN THE NEAR TERMS.CORE CPI -0.07% WOULD...

GrowingForex

MARKET OVERWIEW ------------------------------------------------------------------------------------------------------------------------------ >THE CURRENT BIAS IS BEARISH.THERE IS AN EXPECTATION THAT PRICE CAN RETRACE UPTO 61.8% LEVEL. REVERSE FROM THERE CAN RETEST PREVIOUS LOW OF 1.0609 OR...