EURUSD Bullish Sets Up After 2nd Reversal From 1.092 support.

12 set 2019

TECHNICAL ANALYSIS

• EURUSD price action gives a strong pullback reversal at 1.09 support.
  
• EURUSD responds to market sentiment after ECB introduces QE after deposit rate cut.
  
• EURUSD bullish buildup is currently supported by strong convergence of leading indicators, as likelihood of fed rate cut next week is high.
  

13 set 2019

Nota

*EURUSD First uptrend target reached at 1.110

16 set 2019

Trade attivo

D1 Long Target.

*EURUSD expected to retest the 1.110 lower high price level to validate a bull market sentiment buildup and a subsequent break above 1.111.

*EURUSD bear support priced at 1.104/1.100 if H1/H4 lead indicators signals a bearish bias

*Relativity high price action volatility is well expected as a result of Fed rate announcement.

16 set 2019

Trade chiuso: obiettivo raggiunto

*EURUSD test the 1.100 lower low level confirming a bearish bias by market sentiment.

17 set 2019

Nota

FUNDAMENTALS:
*EURUSD bullish market sentiment buildup after an expected global inflation concern from oil price surge, as a result of Saudi oil attack, has been nullified

17 set 2019

Nota

TECHNICAL:
*EURUSD downtrend falls within projected median range at 1.098. [a sell/buy entry depending on STOCH/MACD multi-time frame] ...Long position still holds for now

19 set 2019

Nota

*EURUSD flat at 1.102 with a bearish bias assent to the 1.107-1.100 project median bear range.
*Market sentiment has adjusted to expected Fed rate cut...

19 set 2019

Trade chiuso: obiettivo raggiunto