Friday, 23 February 2018

[EUR] Just watching the market recommended

EUR/USD four-hour chart, source:MT4, KR futures

One of the major currency pair EUR/USD ended this week with 1.2294 according to forexfactory.com. Unlike before the price of the pair didn't show a clear trend, upward or downward in this week. It is anticipated carefully the pair will try out making the trend next week.

In the weekly chart the upward trend is still available since November 2016 and though some corrections we can watch the market with the long bias. And we need to the trend line since 2011, it has lowered its peaks and the price of currency pair approaches the downward long trend line. The upward trend since 2016 and the downward trend since 2011 meets soon.

If the trade of pair EUR/USD should be made, trading with short-term position holding is recommended. If the four-hour chart gives the signal of market entrance, we can watch the market with long bias, strong euro and weak U.S. dollar.

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Wednesday, 21 February 2018

[EUR]不確実な傾向

EUR / USD 1時間チャート、出典:forexfactory.com

通貨ペアEUR / USDの価格は下落傾向を示しています。 しかし、その傾向は1時間のチャートでは不明です。



価格は修正に直面しているようだ。 修正は短期的な上昇を導くか、または傾向を強化する可能性がある。 20移動平均線が下を向いており、弱いユーロと推測されます。



トレーダーがポジションをまだ持っていない場合は、市場を見て、トレンドを確認するまで待つ必要があります。

[EUR] Uncertain Trend

EUR/USD 1-hour chart, source:forexfactory.com



The price of currency pair EUR/USD has shown the downward trend. But the trend is not clear in one-hour chart.

The price seems to face the correction. The correction may lead short-term upward or strengthen the trend. The 20-moving average line directs down and it makes to be guessed weak Euro.

If the trader doesn't have the position yet, it is necessary to watch the market and wait till confirming the trend.

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