Actually in high timeframes (>=2h) the trend is bullish. In lower timeframes the trend is ambiguous.
1.12163 is a pivot point : If EURUSD price gets over 1.12163 then it may go up to 1.12571.
If EURUSD bounces on 1.12163 and go downtrend then it could bounce again on 1.11697 to go uptrend again.
I'm neutral on short term.
I'd say : for short term investors,...
A very nice set up for EURUSD is on the way. The market just began a downtrend and right now a pull back is trying to form. Let's wait and see if it will touch the 40ema, if it does I will take a short position targeting 30 pips. The market is below all the EMS which includes 20, 40 and 200 ema. Keep posted I will let you know once the signalis strong enough.
Hello everyone, Philip Stewart from Star Prosper here.
Now that we've had the news event happen and the NFP
closed the EUR/USD below our X-Point, what now?
Find out what we're looking at in this weeks video: www.youtube.com
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart...
