EURUSD 30 Minute Chart Analysis

EURUSD- This is the 30 Minute chart. Today we are going to keep with the trend. We are bearish on the daily and this chart we are at resistance as that was from the NFP data on Friday. So as readers we know to sell at resistance and buy at support. I am looking to short this as we are at a good price now, the issue is we are in Asia with no data. I am looking to sell at price level 1.0948 or at the current price. Notice we will get a bounce at the daily pivot point. Looking to take profit at S1pivot at price level 1.0882


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EURUSD 30 Minute Chart Analysis

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EURUSD 30 Minute Chart Analysis

Hello traders welcome back to a new trading week. Traders today We have Aussie and CAD on bank holiday. we do have data in all three sessions and as I look at the charts they are really looking good for this Monday trading day.
So as we do every Monday let us take a look at the EURUSD- This is the 30 Minute chart. Today we are going to keep with the trend. We are bearish on the daily and this chart so we want to sell this. We are looking for price action to come back to the daily pivot point as the 200 ema is in the same area gives us good resistance. I am looking for for an entry at 1.0996 with a bearish candle formation. I am looking for a take profit at the S1 pivot at price level 1.0896 Thanks Traders Talk soon….. William


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EURUSD 30 Minute Chart Analysis

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EURUSD 30 Minute Chart Analysis

COMMENTARY:
Hello traders welcome back to a new trading week. Traders I have looked at the today’s chart and looks very nice most of them. We have data in London and US sessions today be alert to that. I feel we are going to have a profitable trading week as the Greece Issue has settled down and they are staying in the Euro. The markets us and London have been in the red the last couple of days keep an eye on that. OK let us take a look at our currency pair today the EURUSD- This is the 30 minute chart. This pair on the daily chart still remains bearish. The main issue with this is that it is sitting on the daily pivot point and has not been able to break below it. So the chart is with two options as we all know that this pair is very bearish, however we can see that it can bounce again or continue the trend so I am looking at two entries . The first is a break above the trend line and a retest and we will buy this or the second is a break below the daily pivot and a retest and we will sell this with the retest and look to sell with a bearish candle formation. Thank You traders will talk soon… William


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EURUSD 30 Minute Chart Analysis

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