Expectations are a rise.
Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.20250
TP: 1.21800
Expectations are a move to the upside surrounding positive news of Mario Draghi being approached to become the Italy's Prime Minister.
On the USD Index (DXY) front we can see a stark resistance being formed around the 91 handle with expectations of a pull back to the 90 region.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.20075
TP: 1.22555
Expectations are a rise.
Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.20500
TP: 1.22245
Could we have just seen the (Accumulation phase) come in on EU? I think we might see price keep pushing higher, there is a lot of uncertainty in the Dollar at the moment to do with the US current situation
Its important we remain patient and wait for the pair to present us with the golden set-up and not try chasing every move I myself was taken out along side...
Very simple and uncomplicated analysis showing my bias for EURUSD. I am looking to take long positions and for this trade I will scale in conservatively as we could hit the 61.8 level. First position will be around 0.3% and if it reaches the 61.8 I will add a further 0.7% along the way.
