EURUSD, Daily timeframe Pair in Uptrend On Tuesday, the euro decreased by 35 pips which is a minor movement for the day. The market is awaiting further market news for move definitive action. The uptrend is intact, so our stance on riding the major market move along with bulls remains unchanged. The scenarios we monitor
Hello Traders! It looks like we’re going to have an action-packed day today. Let’s see what’s on the calendar. Switzerland – All day National Holiday China CNY and AUD 02:45 a.m. GMT +1 Caixin Manufacturing PMI (Jul) – analyst expectations are for no change at 50.4 for the month of July. A higher than expected
EURUSD, Daily timeframe Pair in Uptrend Yet, another bullish day for the euro. The pair advanced another 67 pips and traded around 1.1810 in the late Monday afternoon. What should we look out for. As you remember, we’re looking to go with the trend. Scenario 1: The pair could continue to soar to new heights.
Good morning Traders! Today, we have three major events on the calendar that are likely to bring in fresh volatility in the markets. All three are high-impact news, so we’ll be on the lookout for opportunities across markets. China CNY and AUD 02:00 a.m. GMT + 1, Manufacturing PMI (Jul) – market analysts are forecasting
EURUSD, Daily timeframe g Pair in Uptrend Euro bulls are leading the action, and the pair is now soaring toward higher levels. We had a positive week with the pair advancing about 98 pips. The major target level we discussed at 1.1700 has been not only reached but Friday closed about 46 above it. As
EURUSD, Daily timeframe Pair in Uptrend Today the most traded pair had a strong bullish day where it gained more than 51 pips. More importantly, it reached the major 1.1700 level which we already discussed as pivotal. Scenario 1: In line with the Uptrend, the price could continue to advance without making a correction to
The news starts kicking in with Germany, from the early hours of the day. We also have the major market moving Durable Goods Orders from the United States, and last but not least is Initial Jobless Claims, again from the U.S. Germany EUR 07:00 a.m. GMT +1 GfK German Consumer Climate – the index measures
The day looks promising with a lot of events ahead. We have news from Australia, The United Kingdom and the U.S. Let’s get straight to the events. Australia 02:30 a.m. GMT +1 CPI (QoQ), (Q2) – in the early hours of the Australian session, we are expecting the key measurement of inflation from a consumer
