Forex VPS
Link https://www.cryptoder.com/en
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

EUR/USD Chartpack - Technicals & Trade Setup : FxWirePro | April 9, 2018



Print PDF

EURUSD -0.09% minor trend has been sliding through sloping channel and shown failure swings at the stiff resistance of 1.2290 levels.



The resumption of bears with the failure swings at this stiff resistance likely to evidence steep price slumps on hanging man formation, consequently, we are seeing the prices sliding towards DMAs again.



On the contrary, any break-out above this channel resistance and sustenance above likely to drag rallies (refer 4H plotting).



The price behavior has been jerky today as it goes in sideways, however, bears have been attempting to drag the slumps from today’s highs at 1.2286 levels.



RSI has shown a faded strength at 50 levels. While bullish momentum remains intact.



Both trend indicators MACD and SMAs signal upswings to prolong further.



On the flip side, in the broader perspectives, consolidation phase in the major trend that was bullish now turned into bearish . After last two-three months struggle for healthy bullish momentum, the current prices have popped up a flurry of bearish patterns, such as hanging man , shooting star at peak of rallies (see the circled area on weekly terms) coupled with bearish MACD crossover on monthly terms.



While both leading oscillators ( RSI & stochastic curves) show downward convergence that indicates strength and bearish momentum.



Hence, at spot reference: 1.2277 levels, contemplating bearish sentiments in the minor trend, on trading grounds, it is advisable to buy tunnel spread. The binary options strategy using upper strikes at 1.2290 and lower strikes at 1.2241 levels are advocated to participate in the bearish sentiments.



Thereby, the intraday traders can speculate between upward targets about 20-25 pips on the north and about 30 pips southwards. The strategy is likely to fetch leveraged yields as long as underlying spot FX keeps dipping but to remain above lower strikes on the binary expiration.



Currency Strength Index: FxWirePro's hourly EUR spot index is displaying shy above 46 levels (which is bullish ). While hourly USD spot index was inching towards -93 ( bullish ) while articulating (at 06:35 GMT             ).



Submit Your Comments:

 Forex Trading VPS


FOREX FUNCTION MEMBERSHIP

FX PREMIUM SIGNAL & AUTOCOPY
Email & Twitter SMS Alert | Secured & Errorless Auto Copy | Support All Broker & Account Types | Premium eBooks, Analysis & Strategy | Custom Risk Management

Plan NameBuy LinkEmail AlertTwitter
SMS Alert
Signal Auto
Copier EA
Free VPS
(1-3 Months)
Monthly Target
(Minimum)
Price
(Montly)
Price
(Quarterly)
Price
(Semi-Annually )
Price
(Annually)
Setup
AUTO COPY Subscribe NowYes Yes Yes Yes*
(Min 3 Month Subscription)
500+ Pips $25 23$ 20$$15Via Live Support
SIGNAL ALERT Subscribe NowYes Yes No No 500+ Pips $14 12$ 9$$7No Need
CashBack View DetailsYes Yes Yes Yes 500+ PipsFree Free FreeFreeVia Support

FF FOREX VPS
Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !