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PhoenixMan

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EA trader. Please follow my strategy pro-rata.

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You can see that the EUR/USD has reached the resistance line and started to fall. I expect the price to return to the support line around 1.17 level and it is possible to go down to a strong resistance line.

PhoenixMan

Another day another profit run🤑

PhoenixMan

For EUR/USD pair, we're staying back as the market's are irrationally in anticipation of U.S. elections next week. For those wanting to speculate in this market, consider these valid trade setups, but it's riskier than usual, just my own personal opinion. I personally won't be taking them on my account, but just wanted to share nevertheless.

PhoenixMan

Hi guys, Happy Monday! This is my GBP/USD Trade Analysis. Current trend of this pair is uptrend. support Levels: 1.3000. Resistance Levels: 1.3173. Whilst this level was previously holding repeatedly as a resistance level, price has now strongly broken above it. This level is now looking to act as a role reversal and new support level for a new push higher. If this level can hold as a new support in the coming sessions we can look for long trades and for a new leg higher. The next resistance comes in around 1.3173 which is a key level for this market as it has held as a major resistance on the daily chart many times this year.

PhoenixMan

Hi guys, the price on the EUR/USD has sold off heavily lower in the last few sessions. As the attached daily and 4 hour charts show, price has also broken through multiple support levels when making this move lower. The best play in the near term could be to look to trade inline with this momentum lower with any quick rotations back higher into value. Price has just broken through the recent support level around 1.1691 and if we can see price move back into this level it could look to act as a new role reversal resistance level. This could also be a level to look for potential short trades with the recent momentum lower.

PhoenixMan