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Daily Strategy - Trade in short EURUSD positions with small profit today
Posted by Admin on Thursday, 22 February 2018

EURUSD (1.2274) Trend: Neutral/Downward Support/Resistance: 1.2205 - 1.2360 The release of FOMC Minutes showed risk of inflation lag to target in 2018. In the first minutes of FOMC release the dollar lose some pips while after that start to gain against the Euro. A new portion of fundamental events are schedule for today starting in the morning at 9:00 GMT with IFO - Business Climate, ECB Monetary Policy Meeting Accounts at 12:30 GMT. For United States at 8:30 AM ET are regularly Initial Claims and Continuing Claims with expecting the same data as prior week. World-Signals.com trading strategy for today is to try open short positions with 20-30 pips profit. The FOMC report is important and the trend starting will continue today and probably till the end of the week.

Daily Strategy - Dynamic day is expecting due to fundamental events
Posted by Admin on Wednesday, 21 February 2018

EURUSD (1.2327) Trend: Neutral Support/Resistance: 1.2270 - 1.2390 Today is a rich day of fundamental events from Europe and United States. The most important event comes in the morning at 8:00 AM GMT Non-monetary policy's ECB meeting. The rest important events are 30 minutes and one hour later like Germany and EU Markit Services PMI, Markit Manufacturing PMI, Markit Services PMI and Markit PMI Composite. From United States expects Existing Home Sales and key FOMC Minutes at 14:00 Eastern Time. These events will move the market today. The expectations are for dynamic day with movements into both directions. World-Signals.com trading strategy today is to open short position in the morning European session and probably the end of downtrend later during the day with chances for Euro recovery.

Daily Strategy - Temporary recovery of the dollar against the Euro
Posted by Admin on Tuesday, 20 February 2018

EURUSD (1.2383) Trend: Neutral/Downward Support/Resistance: 1.2320 - 1.2495 After the rest day in United States the new week started with less economic events in United States. The key events today come from Germany and EU at 10:00 AM GMT Germany ZEW Survey - Current Situation, ZEW Survey - Economic Sentiment and EU ZEW Survey - Economic Sentiment. The Dollar made about 150 pips recovery against the Euro in the last two days. But it is time for neutral direction for now. World-Signals.com trading strategy today is to trade into neutral direction and with chance to open short position. The recovery of the Dollar may continue one or few days more but as overall the Dollar losses against the Euro will continue in mid and long-term period.

Daily Strategy - Follow the trend in EURUSD trading
Posted by Admin on Friday, 16 February 2018

EURUSD (1.2542) Trend: Neutral/Upward Support/Resistance: 1.2390 - 1.2580 The last day of this dynamic and full of fundamental events week will release another events like: Housing Starts and Building Permits at 8:30 AM ET, Import Prices ex-oil, Export Prices ex-ag. and Michigan Consumer Sentiment - Prelim. These events probably will not change the current trend of EURUSD into upward direction. World-Signals.com trading strategy for today is to keep your long positions or buy again at levels below 1.2510 with target close to the current resistance at 1.2580.

Daily Strategy - The dollar may lose again today
Posted by Admin on Thursday, 15 February 2018

EURUSD (1.2461) Trend: Neutral/Upward Support/Resistance: 1.2330 - 1.2490 The dollar recovery against the Euro for a short time after yesterday reports for CPI and Retail Sales. But it was temporary and the dollar losses continue few hours after the key U.S. data. For today the key events are at 8:30 AM Eastern Time is Initial Claims, Continuing Claims, PPI, Core PPI, Empire Manufacturing and Philadelphia Fed. Later at 9:15 AM ET expects Industrial Production and Capacity Utilization. The fundamental events from United States may push the dollar losses higher. World-Signals.com trading strategy today is to continue with long EURUSD position or open long at any correction down. We expect to see levels close or above the key resistance at 1.2490.

Daily Strategy - Important events will move EURUSD at 1.24 and above
Posted by Admin on Wednesday, 14 February 2018

EURUSD (1.2379) Trend: Neutral/Upward Support/Resistance: 1.2285 - 1.2400 For today the most important events come from Euro Zone and Germany. These events are Germany, Euro Zone GDP, Euro Zone Industrial Production at 10:00 AM GMT. In United States pay attention to Retail Sales, CPI at 13:30 GMT. It is possible to see higher inflation in United States. During the morning European session it is possible slowly recovery of the dollar but as overall we expect upward movements. World-Signals.com trading strategy today is to open long position at any dip correction and test of 1.2400. There is strong resistance at 1.2400 but today or in the next few days the test above 1.2400 is sure.

Daily Strategy - EURUSD may up above 1.2340
Posted by Admin on Tuesday, 13 February 2018

EURUSD (1.2322) Trend: Neutral/Upward Support/Resistance: 1.2205 - 1.2340 If you follow our forecast for EURUSD from the first business day of this week you know that we expected consolidation at the current level. The dollar gains for the last 6-days are over. The consolidation process may end if we see levels above 1.2340. The fundamental events today are not important for the traders and probably the trading will continue to use technical analysis with the process of consolidation or movement up. World-Signals.com trading strategy is to use the key support/resistance levels and use neutral direction in trading or to ready for long positions. If EURUSD breaks above 1.2340 the recovery of the Euro may restart.

Daily Strategy - It is possible consolidation in EURUSD trading today
Posted by Admin on Monday, 12 February 2018

EURUSD (1.2289) Trend: Neutral Support/Resistance: 1.2205 - 1.2340 At the beginning of the new business week expect U.S. Treasury Budget report at 14:00 Eastern Time. As overall continue to use technical analysis today. The dollar gains against the Euro are limited and may end today. World-Signals.com trading strategy for today is to open long position during the morning European session. Use the key support/resistance levels to trade today. During the morning U.S. session is possible continue of the dollar gains but as overall continue to trade into consolidation at the current levels.