leerider

leerider

Simply put, the current market seems to be reaching its limits and it's wise to be cautious. As the saying goes, "Never pick up nickels in front of a steamroller," we shouldn't take unnecessary risks for small profits when there's a chance for significant losses. The tools we use to analyze the market usually go through highs and lows. It appears that there might...

leerider

EUR is making higher highs and lower lows. We have support at the 50 and 20 day EMA, along with support from apr 13' and jul 13'. I feel a push to 1.29 area is imminent in the near future, followed by a retest of the lows to confirm the bottom. I will be looking to get long around the 1.25 level and take profit at around 1.288. Stop around the 1.248 level. Happy trading!

leerider

EUR is making higher highs and lower lows. We have support at the 50 and 20 day EMA, along with support from apr 13' and jul 13'. I feel a push to 1.29 area is imminent in the near future, followed by a retest of the lows to confirm the bottom. I will be looking to get long around the 1.25 level and take profit at around 1.288. Stop around the 1.268 level. Happy trading!