World-Signals Team
World-Signals
In the mid of the week the trend is changed. EURUSD downward movement is over. It is time to sell Dollars and bet to Euro in the next days till the end of this week and the first half of next week. EURUSD in August and the first days of September is trading in the levels between 1.17 - 1.20.
World-Signals trading idea is to open long position from the current levels (1.1780-1.1810) with target at 1.1960.
You should be aware of the risks involved in the foreign exchange (FX) market. The material contained here must be used at your own risk. Said material is believed to be reliable, but neither www.World-Signals.com, nor any of its employees guarantee its accuracy or validity, nor are they responsible for any errors or omissions, which may have occurred. The forex, stock, gold and crude oil signals, analysis, and recommendations made by www.World-Signals.com, and any of its employees do not provide, imply, or otherwise constitute a guarantee of performance. All contents, signals, analysis and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied. Past performance is not indicative of future performance. The World-Signals website and material contained therein is not a solicitation to participate in the FX market. You understand and agree that World-Signals shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to, damages for loss or profits, goodwill, use, data or other intangible losses. You agree not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of our services, or access to our services.
Recommended Content
Editors’ Picks
AUD/USD: The hunt for the 0.7000 hurdle
AUD/USD quickly left behind Wednesday’s strong pullback and rose markedly past the 0.6900 barrier on Thursday, boosted by news of fresh stimulus in China as well as renewed weakness in the US Dollar.
EUR/USD refocuses its attention to 1.1200 and above
Rising appetite for the risk-associated assets, the offered stance in the Greenback and Chinese stimulus all contributed to the resurgence of the upside momentum in EUR/USD, which managed to retest the 1.1190 zone on Thursday.
Gold holding at higher ground at around $2,670
Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors.
Bitcoin displays bullish signals amid supportive macroeconomic developments and growing institutional demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.