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EURUSD, 1-hour timeframe chart
EURUSD retested the support level of 1.11630
👉Level explanation
EURUSD has been under selling pressure within the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Buy order at 1.11650.
Set your stop loss at 1.11450 below the previous low ($2.00 loss for 0.01 lot) and take profit at 1.11950 ($3.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.5.
👉Fundamental factors
The U.S. Durable Goods Orders report will be released in a few minutes and could affect this trade.
💥 XAUUSD: 10,000 Points Ahead! 💥
🥇 Gold Rises!!! Having reached historic highs, will it rise or wait for a correction? Our latest XAUUSD analysis could lead you to an incredible 10,000 points! Don’t miss your shot at this golden opportunity!
🔥 Act now—find out where XAUUSD is heading! Click below 👇
#tradeidea
👉💡▶️⏩XAGUSD Update!
🥈 On the H4, XAGUSD formed a rising wedge pattern in a short-term bullish trend. The price reached the upper trend line, testing the resistance and the upper Bollinger line. Despite the bullish sentiment, Stochastic shows overbought.
🔼 A break of the trend line above 30.200 will open the way to 30.800 and then to 31.500;
🔽 If Silver breaks the lower trendline below 29.800, the drop will be to 28.800;
❓ What do you think XAGUSD is bullish or bearish today?
