Buy EUR/USD at 1.3440
Signal EUR/USD
- BUY EUR/USD @ 1.3440, TP 1.3480
good SL 50 pip from entry position.
good luck
- Status EUR/USD : closed +25 not hit TP.
Signal EUR/USD
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Signal GBP/USD
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In currency trading the Asian session today (31-03), look euro currency weakened against the U.S. Dollar. Pair EUR / USD is currently engaged in the range of 1.3395.
Apparently the strengthening Euro against the U.S. Dollar is only brief. Although the EU’s agreement to help the Greeks gave a positive sentiment, the market still think it was just to create a conducive atmosphere for Greece to obtain loans with lower interest.
Until now there is no bailout to the Greek significantly, the market seems to try to force the EU to act, rather than just plans. Decreasing time for Greece, rates are still high in the credit market because investors are still quite pessimistic about the ability to pay in Greece. -The IMF also stated that they are ready to help if Greece submitted for help, but stay within the IMF rules, no policy is more lax. Both technical still the same, the Euro is still very susceptible to attenuation, 1.3000 level remains the target.
EUR / USD is likely to weaken to a nearby support at 1.3330 level. The strengthening euro may occur if the past level of resistance at 1.3485 to the 1.3535 level.
In currency trading the Asian session today (31-03), looks Yen weakened against the U.S. Dollar. Pair USD / JPY is currently engaged in the range of 93.40.
Global economic recovery continued to improve, particularly from the United States made the demand for safe haven currencies Yen reduced. Additional stimulus at 10 trillion yen also seems to take a role in the weakening yen.
The highest level at 93.75 last 3 months will soon be reached. Both technical, USD / JPY if the opportunity to test the 97.10 level through the highest level, but currently there is an indication of overbought, so the correction is potentially occurred at the range before the strengthening of U.S. Dollar against Yen continues.
USD / JPY rose to the level of opportunity through resistance at 93.75 if the 93.30 level. Weakening U.S. Dollar against Yen can occur if the past level of support at the 92.70 level to 92.10.
Pounsterling monitored strengthened in foreign exchange trading pair GBP / JPY and are in the range of 139.87. The movement of these currencies strengthening a response to improved macroeconomic performance of the UK.
Achieved positive quarterly economic growth of about 0.4% causes the return of investor interest to hold the pound sterling currency.
In addition British housing sector has also been reported to show a good performance that reinforce the positive sentiments toward Sterling.
developments are expected to give further effect to the strengthening of the pound sterling pair GBP / JPY. The estimated range is 140.30 resistance to trade today.
Disclaimer : Forex trading is a type of investment business is very promising with a very high yield, but it can not be separated from the high risk, can even spend your capital. all the risks in forex trading can be minimized by analysa and good knowledge, then, before you enter in foreign exchange trading business we recommend that you study in advance of this business to obtain a highly profitable trading system and profitable for you. for it is always wise with your capital, and be careful with the types of investments that you currently live.