LATEST ARTICLES

EUR/USD analysis for August 03, 2017

Posted On 03 Aug 2017
By :
Comment: 0
analytics5983178561a14.png

Recently, the EUR/USD has been trading sideways at the price of 1.1865. According to the 30M time frame, I found a bullish breakout of the intraday flat base, which is a sign that selling looks risky. My advice is to watch for potential buying opportunities. The short-term trend is bullish. The upward target is set at the price of 1.1910.

Resistance levels:

R1: 1.1915

R2: 1.1970

R3: 1.2035

Support levels:

S1: 1.1795

S2: 1.1735

S3: 1.1675

Trading recommendations for today: watch for potential buying opportunities.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: EUR/USD analysis for August 03, 2017

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*

[adrotate group="2"]
[adrotate group="15"]

InstaForex – Market Analysis

<a href="https://www.instaforex.com/">Forex Portal</a>

Like Us On Facebook

[adrotate banner= "75"]

Follow on Stocktwits

Follow Us on StockTwits

Connect

facebook
twitter
google-plus
youtube
linkedin
rss
Copyright © 2015 Forex Alchemy. All rights reserved.
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use     Privacy Policy