The main cause of this negative trend has been named by global factors that hinder investor confidence.
Expectations for the future were constrained, casting doubt on potential future economic growth.
As i planned yesterday, today i am start to open a sell order with eur-usd pair because i see that the market price is on support become resistant area and in h1 time frame i see that the bullish trend is still not showing their dominating power, so based on that condition in the market i am trying to open a sell order with eur-usd and hopefully this open position will generate some profits for me, in this open position i am not using a big lot size because i am aware that this is still the beginning of the week so we need to really control our trade and not taking huge risk as it will really makes our trade too risky, so good luck to us all and always remember to trade safely and use proper money management in your trade.
Anyway good luck and I hope you are this trade give you handsome money
Dear friend chiko according to the technical analysis Euro USD currency pair is looking bullish H4 time frame is showing a bullish candle and in this week I suggest that it will hit the the resistance level of 1.1 170 so I am suggesting that buying opportunities on this currency pair.
Hello chiko,currently eurusd still can't break below 50 and 100 period moving average and i think today it will still try to break that moving average because my oscilator on H4 chart still shows bearish sign and if it can do it then we might see eurusd keeps on falling otherwise it might test 200 period moving average on H4 chart.
Well EURusd last week was bullish and it hit its resistance and at the end on Friday NFp cane positive and Usdx got strong and EURusd again started down side movement so now this week I think EURusd will go more down best to look for long term sell I think it will go sell.
Iím looking for sell entry and I hope I will find it
Wish you good luck have a nice day
Fragileís Trading Journal
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