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

EURUSD: 200 W MA at 1.1319 , good to buy on dips | October 31, 2018

Print PDF

EUR/USD 0.06% continues to trade weak after weaker than Eurozone economic data. Eurozone GDP came at 0.2% compared to forecast of 0.4% and yoy growth slowed to 1.7% from 2.2% in the second quarter. US consumer board consumer confidence came at 137.9 highest level since Sep 2000. The pair hits low of 1.13360 at the time of writing and is currently trading around 1.13400.Markets eye Eurozone CPI 0.32% data and US ADP data for further direction.

Italy’s 10 year bond yield jumped more than 10% and German bunds yield also shown a good recovery. The spread between German bund -0.10% and Italy             10 year yield declined by 4 basis point to 307 basis point.

On the higher side, 1.14350-1.14400 support turned into resistance will be acting as major resistance any break above targets 1.14800/1.1500/1.1550.

On the lower side, near term support is around 1.13190 (220- W MA) and any close below confirms major weakness and a dip till 1.1200 is possible.

It is good to buy on dips around 1.1320-225 with SL around 1.12950 for the TP of 1.1550.

Submit Your Comments:

 Forex Trading VPS


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
(Semi-Annually )
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

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 !