Category Archives: EURUSD

EUR/USD: testing resistance again

Yesterday EUR/USD hit our Take Profit and went up just after that. EUR/USD went back to the price level once again to test the resistance at 1.35650. And once again it is currently bouncing down, so we can take advantage of this short term downtred in our Forex Trading. We are setting up a SELL…
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EUR/USD: time to sell

Yesterday we could easily make some money on a short uptrend for EURUSD - it's 35 pips. Today the situation is that the price bounced down from the resistance at 1.35600 and currently it is going down. We have already set up our SELL position with Stop Loss at 1.35600 and Take Profit at 1.35170.…
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EUR/USD: testing resistance in a downtrend

On EUR/USD we can observe a huge downtrend. However, it is currently testing the resistance at 1.35300 and as we can see - the resistance is quite strong. We want to take advantage of this short-term struggle in our Forex Trading today, that's why we are setting up a BUY position with Stop Loss at…
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EUR/USD: testing resistance

Currently EUR/USD is in a downtrend, it bounced back and it's testing resistance at 1.36200. We are expecting it to go even lower down today at least to 1.35890. We are setting up a SELL position with Take Profit 1 at 1.35890, Take Profit 2 at 1.35670 and Stop Loss at 1.36330.      …
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