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paidsignals
Jun 13 2016 at 08:53
93 posts
Hello traders good to be back with you on another Monday the beginning of a new trading week as the markets remain I would say unstable with Brexit 9 trading days away. I am looking today at the EURUSD as I do on most Mondays and we are so bearish on this pair so my bias is to sell this. So the plan will be to sell this we can see on the chart we see that we have bounced off support at 1.1245. I have placed a Fibonacci tool on the chart and look for a retrace to the 38.2 level at the price of 1.1280 and it is also the 200 ema. I will look for a bearish formation with conformation for a day trade short. I am looking to take profit at the 1.1143 price level that is support. Traders we must be a day trader or scalp as the market is so fragile so we need to protect ourselves and our positions.

deresel
Jun 13 2016 at 09:05
708 posts
EUR/USD tried to make upward movement last week, topped at 1.1414 but failed to keep the momentum, fell down and closed lower at 1.1252. Trade signals are low for testing the lower line of the bullish channel localized in the region of 1.1130. Immediate resistance is at 1.1285. A clear break below that area should lead the price to neutral trading zone testing 1.1320.

Silk
Jun 13 2016 at 09:52
41 posts
Hello I like to buy your buy/sell signal but in sri lanka we dont have Paypal, please help me

deresel
Jun 13 2016 at 11:04
708 posts
Key levels to watch for today:
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.

idimitrov
Jun 13 2016 at 11:07
421 posts
Important news will keep under pressure the participants in the Forex market next week. Decisions on interest rates in the US and the UK are the main topics that will monitor market participants. Concerns about Brexit will also influence their actions.

alexforex007
Jun 13 2016 at 11:26
774 posts
Looks like the EURUSD is resting, but it may try to go lower after today's bullish correction. Lets see if the Dollar gains some ground again.

Silk
Jun 13 2016 at 12:47
41 posts
what is going to happen on 23rd June for currencies, going up? what is Brexit?

idimitrov
Jun 13 2016 at 12:50
421 posts
On Monday, the dollar is stable at one-week high against other major currencies, as investors remain cautious ahead of the monthly meeting for the monetary policy of the Federal Reserve System, which will be held this week. The EUR/USD gained 0.12% to 1.1264. USD Index, which tracks the US currency against a basket of six major rivals, is stable in the region of one-week high 94.59.

Silk
Jun 13 2016 at 12:50
41 posts
the participants in the forex market next week , please let me know anything I hae to dov

BenNathanFX (BenNathanFX)
Jun 13 2016 at 12:50
137 posts
SHORT TERM EUR - Could go Either way. We were expecting Inflation Forecasts to grow and were disappointed as the effects from the previous QE extensions are yet to be seen. From an economic view point its weak.
LONG TERM EUR - We are NOWHERE NEAR the inflation targets and Britain may leave. Its WEAK.
SHORT TERM USD - Weak - Rate hikes are being Delayed due to slow labor as well as Brexit concerns... until the Brexit vote is done this will stay the same.
LONG TERM USD - Stronger, the next move is a hike.....

Putting that together makes for a VERY uncertain pair in the EURUSD

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
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