Forex Euro Dollar forecast
Now in the forex market, you can observe historical events. You can become their members and earn on it. The currency pair EUR USD is near the strongest support level equal to 1! The last time the price was at this level was in 2002.
Of course, you can continue to observe the situation in the foreign exchange market or trade on a demo account without risk and hone your trading strategy. But what will you say to yourself later in time when the Euro will cost less than a US dollar? I am sure that you will regret the lost profits, but it will be too late. The market will wait for no one. EUR USD forex strategy for today is to sell this currency pair in case of a breakdown of a strong and even level of 1.0000.
Order Type: Pending Order - Sell Stop
Entry Price at 0.9995
Take Profit at 0.9950
Pips Earning: 45
Daily forex analysis:
XAUUSD sell at the price of 1715.00
USDJPY buy at the price of 139.40
GBPUSD sell at the price of 1.1805
USDCHF buy at the price of 0.9865
Tips on forex trading
The profit can be $450.00 if the trading volume of 100000 EUR (1 Lot).