Forex-Day Trading-EUR/USD


This is the 2Day 5min Chart for EUR/USD

A report of HIGH importance (European Central Bank Rate Decision) is due to be announced today at 12.45pm. Markets tend to trend sideways prior to reports of High Importance.

A pending BUY order has been placed just above the Pivot Point at 14080 and a pending SELL just below S1 at 14005.

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Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The pending BUY order just above R1 at 14017 was taken at 9.20am with a Stop loss of 20points and Profit limit of 60points in place. The Stop loss has now been moved to 14012, just below the most recent low point in the market.
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