This is an analysis of EURUSD. we will be waiting and monitoring the price to reach the Weekly support line (in red) and continue the bearish market at the moment. to reach the trendline that is acting as a support line!. after the price reached the support line and gives a clear buying signal we will go along with the banks and big institutions. you can the COT, and what they are doing on EUR!
Please note that this not a signal. Instead, it is my own analysis of a forex pair. Think twice before taking a trade.
Risk Disclaimer: Even though local, international stocks, FX, or CFD trading can be profitable, it is, associated with a high risk of losing your investment. The risk will increase when trading on margin carriers. Clients must impose due diligence and be careful when taking their trading decisions. It is the sole responsibility of the client to learn and gain the knowledge and experience required to use the trading platform and whatever would be needed to trade properly.
Please note that this not a signal. Instead, it is my own analysis of a forex pair. Think twice before taking a trade.
Risk Disclaimer: Even though local, international stocks, FX, or CFD trading can be profitable, it is, associated with a high risk of losing your investment. The risk will increase when trading on margin carriers. Clients must impose due diligence and be careful when taking their trading decisions. It is the sole responsibility of the client to learn and gain the knowledge and experience required to use the trading platform and whatever would be needed to trade properly.