Success and failure in Forex Trading is very likely to depend upon which currency pairs you choose to trade each week .On weekly basis, I am going to share with you, my analyze fundamentals, sentiment and technical positions may it will help you to determine that how to trade this pair (EUR/USD) and most profitable trading chances over the current week. In some cases it will be trading the trend. In other cases it will be trading by keeping the support and resistance levels in focus during more ranging markets.

EUR/USD

The Euro gained a bit during the last week, and moving towards 1.1250 level, if we remembered that was previous support level. The fact that we pull back from there wasn’t much of a surprising thing, as we continue to see a lot of improbability when it comes to the global markets.

 Now keep focus, if we can break above the 1.1275 level, it’s seems like that long-term traders will come in and try to pick this market up a bit. On the other hand, I fully confident that we will reach down towards the 1.11 handle.

Disclaimer

 “Investors should be aware when Trading Forex on margin or any other financial instruments can come with extreme level of risk.  Investor’s should carefully consider their risk appetite, experience levels before investing.  Forex trading might not be suitable for everyone, some of your capital or all of your capital can be lost while trading.  Investors should consult with a professional financial adviser if you have concerns or questions about trading the market.”