Analysing forex from The Market side & perspective.
Hello traders, in this weekly closing hours we will analyse EURUSD. The market is still going up for about 216 pips and now is 1.1600 which is higher than the entire 2019 movements. This is the same price of October 2018. There is no indication for this pair to change direction and it is more likely to sideway when the trend is over. We have one position from our last analysis SELL at 1.1412 and a new position SELL at 1.1515 as anticipation if the trend is changing.
Hello traders, in this weekly closing hours we will analyse EURUSD. The market is still going up for about 216 pips and now is 1.1600 which is higher than the entire 2019 movements. This is the same price of October 2018. There is no indication for this pair to change direction and it is more likely to sideway when the trend is over. We have one position from our last analysis SELL at 1.1412 and a new position SELL at 1.1515 as anticipation if the trend is changing.
