Right now, I am bullish here! I opened a buy trade at 1.06173 with 30 pips SL and 190 pips TP! Yes, right now I have 116 green pips here till now I am waiting for my TP! According to my long term observation, it’s a good chance for the buyers! Even I have another buy trade from the 1st month of 17! Whatever, I am ready to fight with market!
Price is rejecting one of the minor resistant 1.07603 (low of March 24, 2017) and next target is a retest the Major support 1.0653 (High of Dec 30,2017) , I am expecting a breakout of Higher Low trendline this time ahead of French Election, which will push the EURUSD price to the KEY Support Zone 1.0520. On the other hand a breakout above 1.08508 ( low of Oct 25,2016) will open door towards Key resistant level 1.11231 (low of Aug 31,2016)
Please update the price according to your broker, I mentioned by date from my Tickmill chart)
Price action of EURUSD is in no man’s land. Between two support and resistant. We had a bullish closing but with lower low in daily candle.
We expect market gap. Emmanuel Macron has lead with 24% votes which is bullish for EURUSD and bearish for GBP.
A victory of Marine Le Pen from ‘Front National’ party would be disaster for EURUSD as she promised a Frexit referendum in her first 6 months. And she has 22% votes in recent poll.
But still 30% voter of France is undecided, I believe they will decide the result. Stay cautious with EURUSD. (Please update the price according to your broker, I mentioned by date from my Tickmill chart)
First round of French Presidential Election is over now. We had market gap with EURUSD as well as other EUR currency pairs as expected.
EURUSD reached the target higher high trendline yesterday. So, what is the next scenario for it? Will it go more up or coming down?
EURUSD still has room for bullish as 1.09811 is the resistant. If EURUSD break the resistant we should see more higher EUR against USD, as high as 1.11231 ( key resistant zone) .
An upcoming ECB press conference is coming tomorrow , It seems Draghi will set the direction. So, wait to see what happen. EURUSD will be highly volatile during ECB data release and press conference. Check the EURUSD price action analysis and chart below.
(Please update the price according to your broker, I analyzed Tickmill chart)
No major changes in EURUSD, as today was bank holiday. Bullish momentum for EURUSD is still remains.
We should see EURUSD climb towards the major resistant 1.0981 . But most anticipated May NFP data is coming at friday. And I don't expect any major changes in FOMC tone at Wednesday.
Any unexpected poll results from French election could hit EUR currencies.
Right now, I am bullish here! I opened a buy trade at 1.06173 with 30 pips SL and 190 pips TP! Yes, right now I have 116 green pips here till now I am waiting for my TP! According to my long term observation, its a good chance for the buyers! Even I have another buy trade from the 1st month of 17! Whatever, I am ready to fight with market!
Ignored
on which day you opened the trade , which day it hits 116 pips profit. how many days it taken. what tools you used to calculate. ( I opened a buy trade at 1.06173 with 30 pips SL and 190 pips TP!)
( Even I have another buy trade from the 1st month of 17! Whatever, I am ready to fight with market![/quote]) is this trade opened on january 17, 2017 and still in floating in eur usd pair.
