|

EURUSD: Expect a further fall in prices to 1.1726

PENDING ORDER BUY  EUR/USD @ 1. 1781    SL:  1. 1765 TP1: 1.1796     TP2: 1.1811    

PENDING ORDER SELL  EUR/USD @ 1.1756    SL:    1.1776 TP1: 1.1741     TP2: 1.1726 

The price reached a level of 1. 1756

We expect a further fall in prices to the level of 1.1726

Our advice is to take the profit on the price of 1. 1741

SL. setup on the price of 1.1776

Otherwise, if you have the EURUSD trend for BUY, PENDING ORDER set the price of 1. 1781  with SL. 1. 1765  and first TP with price  1.1796

EURUSD

Author

Rose Alice

Rose Alice

TheBestForexSignal.com

5 years successfully worked for Hedge Fund GFDR as a supervisor. 3 years working as an analyst for Trading company Global Investments. As an analyst based on ABC breakouts, breakouts trend lines, Supply & Demand, customized Elliott Wave.

More from Rose Alice
Share:

Editor's Picks

EUR/USD flirts with weekly lows near 1.1770

EUR/USD now comes under further selling pressure, breaking below the 1.1800 support to challenge the area of weekly throughs near 1.1770 on Thursday. The pair’s decline comes in response to marked gains in the US Dollar amid steady geopolitical tensions. Ealier in the day, the ECB’s Lagarde delivered cautious remarks, although the currency remained apathetic.

GBP/USD threatens the 200-day SMA near 1.3440

GBP/USD rapidly leaves behind Wednesday’s strong advance, coming under heavy pressure and retesting the 1.3440 zone, where the critical 200-day SMA is located. Cable’s deep pullback follows the strong gains in the Greenback, while investors continue to pencil in a potential BoE rate cut in March.

Gold trims gains, slips back to around $5,170

Gold is now facing some downside pressure, hovering around the $5,170 region on Thursday. The yellow metal surrenders part of its earlier gains on the back of the resurgence of the buying interest in the Greenback. In the meantime, geopolitical tensions in the Middle East continue to limit the downside potential for now.

Stellar: Relief bounce fades as bearish undertone persists

Stellar is trading around $0.16 at the time of writing on Thursday after rebounding more than 8% in the previous day. Derivatives data paints a negative picture as XLM’s short bets hit a monthly high while Open Interest continues to decline.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Bitcoin steadies as traders eye US–Iran talks

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Thursday after a 6.2% relief rally the previous day amid a broader downward trend.