empty
 
 
19.02.2018 09:35 AM
Breaking Forecast 02/19/2018

Breaking Forecast 02/19/2018

EURUSD: Waiting for an exit from the range.

Gentlemen, be cautious. On Monday, markets in the US will be closed, trading will be sluggish and "narrow" - it is worthwhile to be cautious.

Our buying have gone in these footsteps: they were honest stops, the euro broke through the main levels of 1.2525 and 1.2540 up, but reached only 1.2555 and drastically went down, closing the day and the week at the lows around 1.2400.

You can not be right all the time, or rather, it is impossible.

The market has now taken a pause, determined.

There is an almost horizontal range of 1.2205 - 1.2555.

Playing in the range is possible, but effective from the borders.

Buy for the breakthrough of 1.2555, stop at 1.2510, profit at 1.2655.

Sell for the breakthrough of 1.2205, stop at 1.2250, profit at 1.2100.

This image is no longer relevant

Dean Leo,
Analytical expert
InstaFintech Group © 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback