Forex price Action Strategies

Hello Price Action Traders.

Eur/Usd

Eur/Usd, in the week just passed pushed up from 1.3180/1.3200 support, keeping always with a daily closing above these levels. Next week could be important for the arrival of 1.3400 key resistance level. Obviously only the bullish break of 1.3300 area would give confirmation to my analysis.

Gbp/Usd

The pair Gbp/Usd is in a clear up trend from the lows of July 9. The price is well set to go toward the  1.5600 key level. The bullish breakout of 1.5440 would give even more confirmation to my bullish short-term vision.

Xag/Usd – Silver

The Silver market is in a bullish phase in the short term after the sharp declines of the last few months. The price formed a Pin Bar Thursday, which, however, failed because the price pushed in intraday session below it. At the end of the session the market came back still showing rejection of $ 19.80 area supports closing at 20 $ for the week end. The bullish break-outs of 20.40 area would confirm the possible upside in this market.

It’s all for today!

If you want to keep reading my in- depth outlook of the market you can access to my premium forex signal service and be part of my professional community and then become a true price action trader subscribing to this link:

FIRST MONTH FOR FREE!!!

TRY NOW!

FOREX TRADING SIGNALS

Get Naked Get profit!

FROM A REAL TRADER TO REAL TRADERS

Arduino

This entry was posted in Uncategorized and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

>> Download my free e-Book!