EUR Could Remain Strong After Draghi Notes Downside Risks Diminishing. We aren't experiencing any issues with our website. I hope a discussion area here for Euro Daily Trader could be started. Efficiently Trading the FX Market. This is a discussion on Euro Daily Trader within the Trading Journals forums, part of the Reception category; I hope a majkr area here for Euro Daily Trader could be started. The British pound continues to go back and forth during the session on Wednesday, as we consolidate after making the fore breakout.

Have you seen our live tests page? Please login or register. Did you miss your activation email? With the US economy gaining strength, the momentum of the positive news on Friday is still being felt. Technically speaking, we can expect 1. If this level is wiped, second support level is seen at 1. Major resistance that bulls have to take out is the level of 1. Technically speaking, price is trading below the SMA for a fifth consecutive day.

Also, price is now outside the long-term bullish channel, which makes it vulnerable to bear attack. First level of support 1. Only a break and a close above the SMA would invalidate the depreciation of the Euro. This could mean a change in trend. Euro daily trader donna forex 6 major price manages to climb above 1. The pair reached 1. Price retraced and is now trading around the 1. Key resistance remains the SMA at 1.

The price has been trading slightly above long-term downward channel and is euro daily trader donna forex 6 major creating a new upward channel. The pair reached resistance twice in the last three days, indicating that the Euro might attempt a bull run. Pay attention to news this week and watch 1. Main direction remains bullish, but you should have in mind that tomorrow news are scheduled for tomorrow: - European Central Bank Rate Decision GMT - ECB Deposit Facility Rate GMT - ECB Marginal Lending Facility GMT - ECB Press Conference GMT.

Price is going to trade in current range until the news today come out and the press conference takes place as traders and investors are waiting for fresh news later today. The pair reacted sharply bearish in the initial moments and reached 1. However, the Euro decided it's time to break the resistance and pierced through the SMA at 1. Strong support at 1. Major target for bulls 1. Nevertheless, the pair is now trading in the uptrend channel and looks ready to test the first support at 1.

If this support holds, then the pair might attempt to test first resistance which appears to be the last high of 1. Main trend remains bullish, but a correction is currently taking place and driving price down below 1. I hope it find support and bounce off from here. This would be a good time to enter the market and hold it for the long-term. First resistance is Posting Bots Getting Clever. FAPTurbo back from the dead and other updates.

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Mar 10,  · Donna Forex Forum» Indicators, Manual Trade Help» Rosen's Daily The Euro reached a high of against the Sterling and is now trading at. Majors, Minors & Exotic Currency Pairs. You Currency Pairs; Forex trading is essentially the from the three major non-US dollar currencies (the Euro. Understanding The Forex Majors. up in research and will be handy when communicating with other Forex traders. Major Currency Articles From daily trading.