Plan Week EURUSD
FUNDAMENTAL ANALYSIS
Eurusd Gave up intraday gains and silipped beliw 1.1100 after hitting a fresh weekly high of 1.1150 during friday's north American session.
The board currency pairs, gains were offset by a solid recovery in the US Dollar (USD).The US dollar index DXY which tracks the Greenback Against six major currencies,rose to near 101.40 after reversing intraday losses .
Sign of slowing labour demand have fuelled market expectation that the Federal reserve could start cutting interest rates Aggressively .
TECHNICAL ANALYSIS
The Bounce and high of 1.115 has created a new channel for EURUSD(bearish channel) shows the bull Trend is not strong as last week and that a trend reversal is in order,
Support:- 1.101-1.095
Resistance - 1.115-1.119
(TRADE SETUP)
SELL ZONE :- 1.119-1.121 with stoploss 1.123
BUY ZONE :- 1.095-1.093 with stoploss 1.091
Wishing you a best trading Week💙™️
Eurusd Gave up intraday gains and silipped beliw 1.1100 after hitting a fresh weekly high of 1.1150 during friday's north American session.
The board currency pairs, gains were offset by a solid recovery in the US Dollar (USD).The US dollar index DXY which tracks the Greenback Against six major currencies,rose to near 101.40 after reversing intraday losses .
Sign of slowing labour demand have fuelled market expectation that the Federal reserve could start cutting interest rates Aggressively .
TECHNICAL ANALYSIS
The Bounce and high of 1.115 has created a new channel for EURUSD(bearish channel) shows the bull Trend is not strong as last week and that a trend reversal is in order,
Support:- 1.101-1.095
Resistance - 1.115-1.119
(TRADE SETUP)
SELL ZONE :- 1.119-1.121 with stoploss 1.123
BUY ZONE :- 1.095-1.093 with stoploss 1.091
Wishing you a best trading Week💙™️
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.