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forex recommendations, free euro expectations, and the emergence of a measured move pattern and opportunities for selling
free forex trading signals live and EUR / USD outlook
sell @ 1.1750
tp @ 1.1680
sl @ 1.1790
Euro and Dollar Technical Outlook and forex trading signals free
The EURUSD rose from the 1.1500 level on 12-6-2018 until the EURUSD reached 1.1760 and during this rally the EURUSD formed the bullish measured move pattern and the two waves are equal height
The pair also formed another measured move pattern as it rose from the 1.1530 level to confirm the EURUSD selling opportunities
The EURUSD is testing the medium term downtrend line near 1.1750
EURUSD also formed the bearish divergence pattern on the RSI on the 4 hour and 4 hour frame
All of these technical indicators are a strong driver to send currency recommendations today to sell EURUSD
Explanation of the Euro-Dollar recommendation and currency expectations
EURUSD is preferred to sell on FX market as long as EURUSD trades below the down trend line
And below 1.1790 as a stop loss and exit from the deal targeting the 1.1680 level of take profit
USD/CAD Forecast June 18-22
Dollar/CAD shut a turbulent week on the upside as exchange concerns and the Fed pushed the greenback higher. What’s straightaway? Canadian retail deals and expansion on Friday emerge. Here are the features and a refreshed specialized examination for USD/CAD.
US President Trump and Canadian PM Trudeau conflicted in the G-7 Summit that was awful and finished without a dispatch. That sent the combine higher. Later in the week, US swelling quickened and retail deals beat desires. The Fed raised rates as well as flagged two extra increments and sent an extremely idealistic message. The US dollar proceeded forward and exchange concerns gave a lift to the match later in the week when the US forced levies on China. With everything taken into account, there is a considerable measure to stress over for Canada and a ton going for the USD.
Updates: USD/CAD every day diagram with help and obstruction lines on it.
Snap to augment: Lynn Patterson talks Monday, 15:45. The Bank of Canada Deputy Governor will talk in Toronto and may examine fiscal approach. What’s more, maybe, the discourse or the inquiries may center around the exchange. Any significant concern could weigh on the loonie.
Oil Meetings: Thursday and Friday. The OPEC-JMMC are hung on Thursday while the standard OPEC meeting is on Friday. Oil costs have risen generously since the last assembling of the oil cartel and a few nations need to slacken creation limits. The new US authorizes on Iran and creation issues in Venezuela have additionally contributed and will be talked about. A choice to keep the tops could help oil costs and bolster the C$ while opening up the conduits could weigh on the cost of the dark gold and on the loonie.
ADP Non-Farm Payrolls: Thursday, 12:30. The ADP report comes after the official arrival of employment figures and in this way has a lesser effect. Moreover, the distribution for Canada is a moderately new advancement. ADP announced a pick up of 30.2K employments in April and the weaker information is likely for May.
Expansion and retail deals: Friday, 12:30. The Bank of Canada is idealistic about swelling and the ongoing compensation information has been very encouraging. Back in April, feature CPI ascended by 0.3% yet Core CPI expanded by just 0.1%. Different measures of expansion, for example, the Common CPI (1.9%), Median CPI (2.1%), and Trimmed CPI (2.1%) are solid. The report for May gives bits of knowledge. Canada distributes the retail deals report for April in the meantime. While feature expansion progressed by 0.6%, center deals, barring automobiles, fell by 0.2%. The twofold component production is set to move the loonie considerably.
The foreign exchange market, also known as the forex market, facilitates the buying and selling of currencies around the world. However, as a leveraged product, there is plenty of risks associated with forex trades that can result in substantial losses.
If you work in a correct way, there are chances to win a lot
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