Trading plan for the US session on June 7 for the EUR/USD
June 7, 2018 10:21 pmVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for April 17-19, 2024: sell below $2,400 (21 SMA – double top) April 17, 2024
- Technical Analysis – GBPCAD hits a wall but bulls not ready to give up April 17, 2024
- Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA – 2/8 Murray) April 17, 2024
- Analysis for the EUR/USD pair on April 17th. Jerome Powell didn’t help the dollar much April 17, 2024
- Analysis for GBP/USD pair on April 17th. British inflation overtakes American inflation April 17, 2024
- USD/JPY: Simple Trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- EUR/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURUSD takes a breather after sharp tumble April 17, 2024
- Market continues to price in a plethora of rate cuts for 2024 – Special Report April 17, 2024
- EUR/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURGBP maintains bearish bias amid pennant formation April 17, 2024
- EUR/USD. April 17th. Jerome Powell supports the dollar April 17, 2024
- GBP/USD. April 17th. Inflation in Britain is falling, but not as much as the market wants April 17, 2024
- Tesla Q1 Earnings: Poor deliveries point to disappointing results – Stock Markets April 17, 2024
- Video market update for April 17, 2024 April 17, 2024
- Forex forecast 04/17/2024: EUR/USD, GBP/USD, Gold, Bitcoin and Ethereum from Sebastian Seliga April 17, 2024
- Technical Analysis – Gold struggles to jump above 2,400 April 17, 2024
- GBP/USD: trading tips for beginners for European session on April 17 April 17, 2024
To open short positions on EURUSD it is required:
Buyers made the first attempt to gain a foothold above the level of 1.1828, but did not do it in the morning. However, while trade is in this range, the chance of further upward movement to the area of new monthly highs of 1.1875 and 1.1923 remains quite high. It is there that it is recommended to record profits. In the case of a decline in the euro in the afternoon, long positions can be estimated from support levels 1.1780 and 1.1739.
To open short positions on EURUSD it is required:
In case of another unsuccessful attempt to consolidate and return to the level of 1.1828, the pressure on the euro will increase, which will come to a quick descending correction to the area of 1.1782 and 1.1739, where it is recommended recording profits. In the case of continued growth on the trend, selling can be sought in the area of 1.1875 and 1.1923.
Description of indicators
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: