1mn with ForexSurvivor
EURUSD Right at Target,
The Plethora of data this week will contribute few reactions comparing to the day when NFP is due, which is on Thursday instead of Friday as 4th July holiday is on the run. Squarely, NFP won’t prove that significant as ECB is on the show same timing, most probably clarifying the route of the 2nd term of this year. Therefore, eye focuses on ECB rather than NFP.
What we have for today is the achievement of our previous wire of EURUSD which signaled a buy at the opening of the week dated 25 June and on a dip towards 1.3585 as long as no close below 1.3560 is triggered, targeting 1.3665.
Here we are, first, there was a first attempt which fell short of target by 15 pips only to tumble towards our second entry and attempt for the second time achieving our target. Mission accomplished.
How the euro will function from here? As we are heading towards US session in an overbought zone, the market will keep its higher high effective aiming at 1.3710. There are no entries for today neither a stop for the trade as Bollinger band with ForexSurvivor parameters is widening, an indication that there is a fiasco en route which will blow out both buyer and seller. It is highly advisable staying aside till that blow is materialized.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
EURUSD Right at Target,
The Plethora of data this week will contribute few reactions comparing to the day when NFP is due, which is on Thursday instead of Friday as 4th July holiday is on the run. Squarely, NFP won’t prove that significant as ECB is on the show same timing, most probably clarifying the route of the 2nd term of this year. Therefore, eye focuses on ECB rather than NFP.
What we have for today is the achievement of our previous wire of EURUSD which signaled a buy at the opening of the week dated 25 June and on a dip towards 1.3585 as long as no close below 1.3560 is triggered, targeting 1.3665.
Here we are, first, there was a first attempt which fell short of target by 15 pips only to tumble towards our second entry and attempt for the second time achieving our target. Mission accomplished.
How the euro will function from here? As we are heading towards US session in an overbought zone, the market will keep its higher high effective aiming at 1.3710. There are no entries for today neither a stop for the trade as Bollinger band with ForexSurvivor parameters is widening, an indication that there is a fiasco en route which will blow out both buyer and seller. It is highly advisable staying aside till that blow is materialized.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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