Forex VPS
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: Inverse Head and Shoulder : FxWirePro | September 19, 2018

Print PDF

Pattern formed Inverse Head and shoulder pattern

Major resistance - 1.17200

EURUSD 0.32% consolidates in narrow range between 1.16179 and 1.17098 for past three trading days. US and China trade tensions are supporting US dollar -0.22% . US has imposed tariff of 10% on $200 billion worth of goods and China has retaliate by imposing 5-10% for $60 billion US goods. US 2 year yield at 10 year high and 10 year regained sharply above 3%. The spread between US 10 year and US 2 year is near 2007 low. The spread between German bund -0.08% and 10 year US yield is widening and is at decade high at 2.56%.

On the lower side, near term major support is around 1.1660 and any violation below targets 1.1615/1.1570/1.1530/1.1500.

The near term major resistance is around 1.1750 and any violation above will take the pair to next level till 1.1800/1.1818. Any violation above 1.1750 confirms further bullishness.

It is good to buy above 1.17200 with SL around 1.16800 for the TP of 1.1818/1.1845.

Submit Your Comments:

 Forex Trading 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 !