EURUSD Technical Analysis 2014, 26.10 - 02.11: Bearish or Ranging? - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Forum on trading, automated trading systems and testing trading strategies
Press review
newdigital, 2014.10.30 13:55
2014-10-30 12:30 GMT (or 13:30 MQ MT5 time) | [USD - GDP]if actual > forecast (or actual data) = good for currency (for USD in our case)
[USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy. It's the broadest measure of economic activity and the primary gauge of the economy's health.
==========
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2014.10.30
MetaQuotes Software Corp., MetaTrader 5, Demo
EURUSD M5: 36 pips price movement by USD - GDP news event
Forum on trading, automated trading systems and testing trading strategies
Press review
newdigital, 2014.10.31 05:36
EUR/USD Technical Analysis: Bounce Hinted Above 1.25 Mark (based on dailyfx article)
The Euro appears to be returning to the down trend against the US Dollar after completing a Flag continuation pattern last week. A daily close below support in the 1.2500-34 area marked by the October 3 low and the 23.6% Fibonacci expansion exposes the 38.2% level at 1.2316. A Hammer candle hints a near-term bounce may be in the cards however. A turn above trend line resistance at 1.2746 clears the way for a challenge of the 23.6% Fib retracement at 1.2852.