Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

Pending orders for EUR/USD

Pending orders for EUR/USD

Updated

4H Chart

eurusd h4 june 29.png                                                                                                                                          

Daily Chart

eurusd daily june 29.png

EUR/USD traded within a tight range since the mid of last week with no significant action. However, the euro managed to test its major uptrend last week and hold well above that support. In the meantime, technical indicators remain oversold on the daily chart, which keeps us away from any short positions at the current levels. On the other hand, we prefer to wait for another upside retracement. In the meantime, we have two pending orders to short EURUSD at 1.2055 and 1.21, which might get executed later this week. If so, Stop Loss orders should not exceed 1.22, while the first target for these positions would be 1.1850.

S3

S2

S1

Pivot

R1

R2

R3

1.1838

1.1881

1.1903

1.1924

1.1946

1.1967

1.2010

TRADE NOW

Deposit with your local payment systems

Be on top of your game

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com

or

Start Live Chat