EUR/USD Signals by Hot Forex Signal

TraderSmith

Trader
Jul 19, 2017
24
9
19
43
The EURUSD has made another break to the upside as we head into the 4 PM London fixing. The break has pushed the price back above the 1.1876 level (June 2010 swing low). The high extended to 1.1893.
 
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TraderSmith

Trader
Jul 19, 2017
24
9
19
43
EURUSD moves back above the 200 hour MA taking some of the bearish sting away .
The move means little in front of the weekend. However it does take some of the sting out of the fall today technically.
 
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TraderSmith

Trader
Jul 19, 2017
24
9
19
43
EUR/USD needs to go lower before it goes higher
Bank of America Merrill Lynch FX Technical Strategy Research notes that EUR/USD rally keeps showing signs of exhaustion around current levels.
"The seven month rally has surpassed a long term Fibonacci level (38.2% 1.1743) and is the most overbought in a very long time.
Tactically we think EURUSD should at least consolidate at this 200wk SMA, if not correct to test some support levels.
The long discussed 1.15 level may be what EURUSD needs to test before it can resume it strong uptrend into the 1.20's, such as 1.2172," BofAML argues.
 
Mar 19, 2020
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www.hotforexsignal.com
EUR/USD Signal (Date: 08-Mar-2021)

Status: Close

ENTRY POINT: Sell at 1.1873 TAKE PROFIT: 1.1842 STOP LOSS: 1.1914

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Mar 19, 2020
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www.hotforexsignal.com
EUR/USD Signal (Date: 15-Mar-2021)

Status: Close

ENTRY POINT: Sell at 1.1932 TAKE PROFIT: 1.1901 STOP LOSS: 1.1973

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Mar 19, 2020
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www.hotforexsignal.com
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EUR/USD Signal (Date: 25-Mar-2021)

Status: Close

ENTRY POINT: Buy at 1.1801 TAKE PROFIT: 1.1832 STOP LOSS: 1.1760

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