Elkana roveglia forex


elkana roveglia forex

cause the eurusd to make a higher move. Last week, the chart above was showing to us that devaluation was due and hearing it from the USA president was a great confirmation. I see the first target going to the.0700 price area even though I see more appreciation. This week the European and Sydney markets will be fully open again for four days due to the Bank Easter holiday. This buy reaction has allowed many professional traders to wait for a retracement of the last move up and start buying eurusd.



elkana roveglia forex

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Activity, filter, activity Filters, actions ( all, none liking, subscribing. This is what we have done as well in the London Trading Room. Profile Shouts, trade Explorers Created, profile Information Updates, saving). I do not expect all to happen next week but over a medium-term time frame. An entry of at around the.0600 price area with a stop loss.0566 price will be a good buy opportunity. I would like to give it a few more days next week before confirming the downwards move, however that is what I am looking for the short-medium term in the Dollar Index currency. This week we have seen a weaker US Dollar due to two factors: 1) Price being at the top of resistance 2) US president Donald Trump has said that the Dollar is too pricey and depreciation needs to occur otherwise it will hurt the USs. We are holding buying position until the US Dollar continues its devaluation which will be for the short-medium terms. Eurusd, last week I was expecting a buy (retracement) before a continuation downwards, however, what I failed to see (which I ended up seeing it in the London Live Trading Room) was that the eurusd is sitting at a support level marked with the thin. After President Donald Trump announced that the US Dollar is overvalued, the eurusd pair immediately reacted upwards and traders took the opportunity to buy during volatility. Trade idea: As explained above, I am already buying eurusd however it is still at a good discounted level.


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