Category: Trading signals stats
here is ForexTeam forecast for currency pair EUR USD for March 2018.
Price increase is limited at 1.2350-1.2380, here is strong resistance level, if this price level holds than we can follow the price movement down to our first target 1.2050-1.20
Initial point of this price decrease started 2 weeks ago and now EUR USD in correction phase.
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ForexTeam is awaiting EURUSD price increase till 1.2380-1.24 with further decrease to 1.2130-1.21 price zone.
We will check this price behavior during the next week. Keep in touch!
Briefly about currency pair EURUSD: on H1 we have possible H&S formation.
Sell eurusd 1.2459
Stop loss = 1.2481
Take profit 1 = 1.23-1.2320
here is how we see eur usd price behavior for Mid-term period.
Now we can see active pullback from local high (3) till next support level (4) 1.1910-1.1850. From this level 1.1850 we expect move up to first target at 1.2168 and than to 1.2414.
Short term eurusd – SELL
Headlines reporting that Chinese officials have recommended slowing or halting buying of US Treasuries
some trading ideas how we plan bearish scenario for eurusd:
here is Metatrader statement from our user from Germany, he use ForexTeam automated trading. Automated trading with ForexTeam app generates our users passive income)
Trading profit from 16.11.2017 till 13.12.2017 = +786.28 eur
Forex Team traders think that during next 2 weeks EURUSD will accelerate downward movement, especially if
daily close price will be under 1.1775 – 1.1747
hope you are doing well) Here is EURUSD daily review for today (29.11.2017).
We think there is still a room for retracement in 1.1800 region for EURUSD.
Daily resistance = 1.1865-1.1875
TP1 = 1.1828
TP2 = 1.1808