Posts

Showing posts with the label Trading Forex Eur/usd

Trading Forex Eur/usd

Image
Eurusd Forex Trading Eurusd Live Price Trading Eur Eur/usd is now close to the resistance level once again. this is a good area for the sellers trading forex eur/usd to step in slowly and add small sell positions. there is a good chance of a drop to 1. 08 in the next 4-5 weeks as us dollar gains strength. the potential for profit is more than 500 pips whereas the loss can be limited to less than 120 pips. If you’re day trading with eur/usd, volume charts show the most active period is when both london and new york are open. these markets are open between 08:00 and 22:00 gmt. the danger is, if you trade at the wrong times, the cost of spreads and commissions can cancel out your profits. The eur/usd market has also noted a dip in forex trading. this has been less so than other markets however. it still trades at around the 1. 13 point at the time of writing. while there has been a strong movement back to the safety of the us dollar, the euro has held steadier than the gbp. Forex marke...