EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1561; (P) 1.1642; (R1) 1.1721; More… A temporary low is formed at 1.1561 and intraday bias is turned neutral. Risk will stay mildly on the downside as long as 1.1829 resistance holds. Fall from there correcting the rise from 1.1829 or whole rally from 1.0176. Below 1.1561 will target 55 D EMA […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

Next Post Previous Post
No Comment
Add Comment
comment url

Readers also liked:

Quote of the day! ⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️ 100%

sr7themes.eu.org
CLOSE ADS
CLOSE ADS

Unlock more content

Analyticdave thrives because of the support of people like you. Please support us by watching a short ad.

FAQ

Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

Q2: Can I rely solely on indicators?
A: No. Combine indicators with risk management and market analysis.

Q3: How many indicators should I use?
A: 2-3 complementary indicators are ideal to avoid conflicts.

Q4: Are trading indicators useful in crypto markets?
A: Yes, but combine with volatility indicators due to high swings.

Q5: How do I combine indicators effectively?
A: Use one trend, one momentum, and one volume/volatility indicator for confirmation.