Euro fell to a new all-time low under pressure from the Israeli Shekel
The Euro has been in a downtrend against the Israeli Shekel for a long time. In recent days, the price began to accelerate in the fall and reached a new all-time low. The chart shows that there were even price gaps, which indicates the strength of bearish traders. As soon as the price creates a new historical low, we will immediately join the bears and open a short position.
Order Type: Pending Order - Sell Stop
Entry Price at 3.5670
Take Profit at 3.5500
Pips Earning: 170
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1450
USDJPY buy at the price of 114.20
GBPUSD sell at the price of 1.3360
USDCHF buy at the price of 0.9215
The result of a trade recommendation.
Daily trading analysis of the Forex currency pair
The profit can be $500.00 if the trading volume of 100000 EUR (1 Lot).