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Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The report of HIGH importance (USD University of Michigan Confidence) has now been announced (2.55pm). The market is still trending sideways. The previous pending orders remain the same.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD Today is a public holiday in UK due to the Royal Wedding and there is also a report of HIGH importance due out at 2.55pm. Due to these factors, there is a HIGH probability that the markets will trend sideways. Trade with extreme caution today. The market is currently trending sideways. A pending BUY order has been placed just above R1 at 14894 and a pending SELL order just below the Support of the Market at 14770.

Live-Forex-Day Trading-EUR/USD

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This is the 2Days 5Mins Chart for EUR/USD The USD GDP report has been announced. A pending BUY order has been placed just above R1 at 14840 and a pending SELL order just below the Pivot Point at 14733.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5min Chart for EUR/USD The Stop loss was taken at 8.15am with a loss of 20points. No further trades till announcement of report at 1.30pm.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The pending SELL order just below R1 at 14836 was taken at 7.10am with a Stop Loss of 20points and Profit Limit of 60points in place.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD There is a report of HIGH importance (US GDP) due out at 1.30pm. Trade cautiously prior to 1.30pm. A pending SELL order has been placed just below R1 at 14836.

Live-Forex-Day Trading-EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The Profit Target of 60points was achieved at 8.30pm.