Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
NPBFX - making money with us since 1996!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Antony_NPBFX, post: 177990, member: 38727"] [size=5][b] EUR/USD: EUR is corrected 13.03.2020 [/b][/size] Good afternoon, dear forum visitors! [url= https://www.tb.marketinstructor.com/?referer1=earnforex.com] NPBFX[/url] offers the latest release of analytics on EUR/USD for a better understanding of the current market situation and more efficient trading. [b] Current trend [/b] EUR shows corrective growth against USD, recovering from an active decline. The growth of EUR is facilitated by the weakening of USD after Donald Trump’s speech announcing a ban on entering the US from 26 eurozone countries for a month, and allowing the introduction of additional tax and credit exemptions for small and medium-sized enterprises. Investors had expected to hear about new measures to combat coronavirus. Yesterday, the ECB held a monetary policy meeting, at which Christine Lagarde announced new measures to stimulate the economy. The Bank kept rates at the previous levels and noted that it would increase the volume of additional net asset purchases by EUR 120B. Lagarde called on EU leaders to take decisive actions aimed at stabilizing the economic situation in the region. [b] Support and resistance [/b] Bollinger Bands in D1 chart show stable growth. The price range is narrowing, reflecting the emergence of ambiguous dynamics of trading in the short term. MACD is going down preserving a stable sell signal (located below the signal line). Stochastic maintains a downward direction, gradually responding to the appearance of corrective dynamics, trying to reverse into a horizontal plane. Technical indicators don’t contradict the further development of the downtrend in the short and/or ultra-short term. However, it is not advisable to open new short positions, given the emergence of corrective sentiments and the oversold EUR in the ultra-short term. Resistance levels: 1.1200, 1.1247, 1.1284, 1.1343. Support levels: 1.1150, 1.1100, 1.1038, 1.1000. [img]http://businesspr-finance.com/wp-content/uploads/2020/03/eur-3-1.png[/img] [img]http://businesspr-finance.com/wp-content/uploads/2020/03/eur-4-1.png[/img] [b] Trading tips [/b] To open long positions, one can rely on the breakout of 1.1247 or 1.1284. Take-profit – 1.1343 or 1.1393. Stop-loss – 1.1200 or 1.1180. The return of “bearish” trend with the breakdown of 1.1150 may become a signal for new sales with target at 1.1038 or 1.1000. Stop-loss – 1.1220. Implementation time: 2-3 days. [b]Use more opportunities of the NPBFX analytical portal: economic calendar[/b] Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on EUR/USD and trade efficiently with [url=https://my.npbfx.com/register/?utm_campaign=register&utm_medium=forumpost&utm_source=earnforex]NPBFX[/url]. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…