Forex Strategy for EURUSD (Oct. 10, 2019) | Euro Finally Breaking Out? 🤔

32 Comments

  1. you are unreal i started trading forex a month ago and since i started learning from i have better predictions than masters who have been trading for years in whatsapp group keep up the good work!

  2. great bro last two week your are change my life in forex GOD bless you, your all tips EURgbp,gbpcad is very nice

  3. on my trading view chart it closed @ 1.1006 on the daily. on H4, it closed as far as 1.1023 but has gone down below the vertical trendline support and just sitting slightly above the diagonal trendline/support @ 1.1007. on H4, it looks like a nice break out and retest of the diagonal support but i would like to see it bounce back up and close above the vertical support as well later today for a strongler confluence as taught by Justin. On the other hand, EURGBP suddenly had a massive drop of around 170pips. How will this affect EURUSD? (newbie here in fxtrading).

  4. At this point it's very difficult for me to see EURUSD trending up, EUR is reacting as a risk asset motivated by ECB minutes today and optimism by the US/China trade war, in the USD side, today we had CPI weaker than expected and this is in line with the sentiment of another rate cut by month end, but Powell has repeated several times that no cut will be made. In any case between today and tomorrow US and China will be holding important meetings where is expected to finally sign something, if this happens and the market sees a positive outcome (which is highly possible) then probably EURUSD will keep trending down and market will change expectations to US/EU trade war. ECB is expected to keep its Asset Purchase Program unlimited, this is very bearish for the EUR, the market is watching 1.10 as a pivot point and even if we get a bad outcome from US/China I don't see EURUSD above 1.11

  5. First time watching your Ytube channel.
    Love the way you explain the market.
    I strongly believe it will close above the trend line. Thanks

  6. Hi Justin,LoL once again just my 2 cents. watching the 4 hour looks like a test of resistance turned support is currently happening. waiting for daily close though (Thanks for the great analysis !)

  7. There are high chances of it going to close above the channel otherwise you also need to chech the GBPUSD

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