Forex 4 hour chart trading hands


Forex 4 hour chart trading hands


The single currency weakened amid the US dollar recovery on Monday. The market is focused on the Presidential debates in France. Buyers broke the level 1.0750 in the night and stopped after reaching 1.0777. Forez majors stayed neutral to forex 4 hour chart trading hands flirting with 1.0750 during the European hours. The euro slightly weakened ahead of NY opening.

The price was above the moving averages in the 4 hours timeframe. The 50 and 100 EMAs kept heading higher while the 200-EMA was neutral in the same chart. The resistance is at 1.0800, the support comes in at 1.0750.MACD remained at the same level which confirms the strength of buyers. The euro got a minor support from Industrial Production in Germany which showed green figures.Current situationThe market remained in bearish hands on Wednesday.

Sellers kept pushing the major downwards the whole night and reached the level 1.0550 in the morning. European traders attacked the handle with doubled force trying to break it. According to 4 hours chart the pair broke the 50-EMA downwards. The price was below the moving averages which were all pointing lower in the mentioned timeframe. The resistance is at 1.00, the support comes in at 1.0550.MACD indicator was at the centerline.

chatr You see a nice potential trade that perfectly fits your system. Yet this cliche is true.




Forex 4 hour chart trading hands

Hour trading forex 4 chart hands

Forex 4 hour chart trading hands



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