Site de trading francais fiable
The change in price action on Monday was minimal. We could have a lot more potential for action today when the ZEW event hits the wires. What should we expect in terms of price action? Price could drop and test the support at 1. This should not come as a surprise as highly volatile events are often marked by spiking price action.
If the day closes way above pips that support, this could offer a short-term chance to go long. Target is the upper band of the range at 1. A breakout above 1. Targets above are 1. If price reacts to a surprisingly site de trading francais fiable news result from ZEW, it could break and close below 1.
Next levels that could be breached are: Gold tried to pick up in value in the late afternoon hours on Tuesday. If price pushes back it might take a couple of days and a an extra push from volatility for the commodity to gain in site de trading francais fiable. This poses more of a difficulty as there is too much chop in the market.
A bullish confirmation could be worth waiting for. Target above is located at The above —mentioned If price pulls back from it, the chop would clearly continue in the form of a ranging motion. Target below is Closure for the day below Next target level would be the support area at No longs in this scenario. Action is bearish, and so is our stance.
What levels should we look out for? Bears continue to press prices down. Price was at that level in February- not so long ago really. It could mean that investors have lost their confidence in the currency and are now betting against it. Bias would be short and so should our positioning. Targets could go very far down south. Hold onto trades if price drops below the designated level. Before that price would just be wiggling in between levels.
Serious levels with seven more serious potential. A test could be made site de trading francais fiable the form of a pin bar or a spike that probes the level but then closes the day above it.
Sentiment would be negative, so should our positioning. Bulls could be propped site de trading francais fiable by a serious fundamental reason.
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The content of the analysis represents the view of our experts on a generic basis, and do not take into consideration individual readers personal circumstances, investment experience or current financial situation. In addition, the analysis above has not been prepared in accordance with legal requirements designed to promote the independence of Investment Research. Readers using the above information should consider the possibility of encountering substantial losses. Therefore, UR Trade Fix Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the above analysis.
Site de trading francais fiable post Cryptocurrencies and Forex Analysis March 13th: Cryptos are down appeared first on Tradeo Blog. Centre de formation Home Learning center News and analysis post Cryptocurrencies and Forex Analysis March 13th: Cryptos are down 13 March, - Uptrend The change in price action on Monday was minimal.
Gold, Daily timeframe Bias: Uptrend Gold tried to pick up in value in the late afternoon hours on Tuesday. Wishing you Happy and Successful Trading! Construction PMI for the U. GMT, Construction PMI Mar — an important leading indicator that measures the activity level of purchasing managers in the construction sec. Market Brief April 5th: Services PMI from the U. Those two markets will resume standtard trading ac.