Trading Strategy For Eurusd Ahead Of U.s. Holiday On Monday

Discussion in 'General Trading Discussion' started by World-Signals.com, Feb 11, 2021.

  1. World-Signals.com

    World-Signals.com Senior Investor

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    There remains little more than 24-hours to complete this week's trading. EURUSD in this second week of February is currently trading at about +90 pips from the start of the week. The lossing process of the Dollar continues. In the next trading hours EURUSD may make some recovery based on technical indicators from 1.2137 now to levels below 1.2100. You can find the bottom at 1.2100 or 1.2073. World-Signals.com recommend to use the level of 1.2073 as the possible bottom of trading and use this level of few pips below as a stop. So the trading strategy in the last day ahead of the U.S. Holiday on Monday (U.S. President's Day) is to try entry into a long position with stop below 1.2073 and wait for a new target up above 1.2150 that may happen in the rest Monday or during the Tuesday Asia session.
     
  2. Linda Smith

    Linda Smith Senior Investor

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    Fundamental and technical are two different terms of trading analysis in Forex market. Some use fundamental and other use technical analysis in their platforms according to their broker’s services. I got these two-trading analytic support at TP Global FX broker. In Forex global market this is the only reliable broker that supports their clients by giving them necessary facilities. I get both fundamental and technical analytic facilities from them on their daily trade signal.
     

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