The euro continues its slow downward movement to the target range of 1.0636/70. We have already noted that a consolidation above this range will determine a long-term downward direction for the euro, so the surprise from the single currency may still be like one that does not want to give up at the last moment.
The Marlin Oscillator continues to move sideways on the daily chart, and this may also hide the bulls’ potential. The price settled under the balance and MACD indicator lines on the four-hour chart, continues to develop under these lines. Marlin is in the negative zone, the euro continues to slowly lose ground.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
If you have an interest in any area of Forex Trading, this is where you want to be.
Global Fx Trading Group is a world leader in providing Fx services, o individual traders, including: Unmatched funding programs, on-line education, virtual trading rooms, automation tools, robot building, and personal coaching.
The company was first established by Jeff Wecker, former member of the Chicago Board of Trade, with 25 years in the industry. Jeff has a keen understanding of the needs of Forex traders and those needs are our focus.
Please join our VIP Group while is still FREE …
https://t.me/joinchat/JqsXFBKpyj3YS4bLWzT_rg
Our mission is simple: To enhance as many lives as we can through education and empowerment.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom
