Daily Forex Trade Analysis & Chart Analysis by ZR Traders –September 10th, 2020

Daily Forex Trade Analysis & Chart Analysis by ZR Traders –September 10th, 2020

EURUSD (Spot)

Short Term Trend: Bullish

Short Term Key Levels: 1.0990, 1.1140, 1.1180, 1.1415, 1.1500’s, 1.1700, 1.1815, 1.1910, 1.2080 (old major level)

TP1 1.1865 TP2 1.1910 TP3 1.1960

 

Price Action Signals: Price broke up from a multiple Inside Bar Pattern late last week.

Potential Trade Idea: We will consider trading long after a retracement and after a price action buy signal on the 4 hour or daily chart time frame to confirm an entry, whilst prices hold above the 1.1815 to 1.1960 key support area,.

NOTE – You can trade on Spot GOLD and preferred quick signals Register HERE.

EURUSD Daily Forex Live Signals

GBPUSD (Spot) 

Short Term Trend: Bullish.

Short Term Key Levels: TP1 1.3030 TP 1.3060 TP3 1.3109 TP4 1.3163

Price Action Signals: Price moved up from a Bullish Pin Bar that formed at the 1.2980 level several weeks ago. (event area)

Potential Trade Idea: We will consider trading long after a price retracement and after a price action buy signal on the daily chart time frame to confirm an entry, whilst prices hold above the 1.2640 t0 1.2810 key support area, in anticipation of a bounce higher back towards the 1.3180 level.

NOTE – You can trade on Spot GBPUSD and preferred quick signals Register HERE..

 

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