Browsing all articles tagged with stop loss

EUR/USD D1 Technical July 02

EUR/USD will remain in bearish trend under 1.3106 level. Bollinger bands are showing sell signals for the pair.  If pair manage to break through its resistance 1.3106 level and h4 candle chart closure above resistance then pair will show bullish potential  and EUR/USD will then continue its uppish trend towards 1.3150-70 level respectively.

But if pair fails to break its resistance and H4 candle closure below 1.3100 then it will provide a valid sell entry point with stop loss just located above 1.3006 and take profit at 1.3010 level.



EUR/USD D1 Technical May 14

EUR/USD is not showing clear trend. The day closure below 1.3000 level is indicating lack of bullish strength. So price action on 1.3000 level should be carefully watch. If pair break this level and H4 closure above 1.3000 then pair will first move upward and target 1.3100 level. A trendline is just passing through there. EUR/USD can get a pull back from this level. This physical level can provide a valid sell entry with stop loss located above 1.3150.

High impact News can affect the move of EUR/USD. News like German ZEW Economic Sentiment.



AUD/USD D1 Technical September 18

AUD/USD drops sharply after touching the trend line and this steep selling shows that the uptrend from 1.0167 has been ended at 1.0626 and the cable has started the downtrend which is expected to continue till 1.0167 and 0.9780,so we recommend sell deals targeting the 1.0167 and 0.9780,to minimize the risk we recommend a sto loss above 1.0626. TIC Long-Term Purchases, Current Account can affect the rate of pair.


USD/CHF D1 Technical August 30

USD/CHF continues its downward movement and has a strong support at 0.9550 and resistance at 0.9595, so we for intraday traders we recommend sell deals as soon as the pair reaches minimize the risk stop loss should be taken above 0.9630.


USD/CAD D1 Technical August 23

USD/CAD broke the resistance and show bullish behaviour as the cable traded above the 0.9880 level this will show that the cable must test the 1.0020 resistance, so we buy deals targeting minimize the risk we recommend the stop loss below 0.9880.


USD/CHF D1 Technical August 23

USD/CHF continue its descending movement, the cable has a minor support at 0.9504 which if breaks then the next possible support will be at 0.9397, so we recommend sell deals and to minimize the risk stop loss will be above 0.9620 level.