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Thread: Eur/usd analysis

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    Default Eur/usd analysis

    Looking at the EUR/USD pair for 1 hour, it is noticeable that it is gaining some pips at the price level of 1.0830 Should there be a continuous appreciation in the price, the next resistance level will be 1.0885 with the next support level at 1.0820.

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    I know uncertainty and losses fuel your fear but you shouldn’t shelter your fear at any cost.When a trader has enough knowledge of trading, he or she doesn’t fear trading any more. If you use the micro account of Eurotrader broker, your fear won’t work in you because it incorporates less risk.

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    EURUSD is a good trading pair to start analysis. If you see you are getting bulk of losses, stay away from trading for some days because it will freshen up your mind of analysis. Eurotrader supports all types of trading approaches on their platform.

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    EURUSD is a less volatile trading pair and many traders like to trade in this pair. So, newbie traders should work on market knowledge earning and mindset development. Eurotrader provides a free education program and a free demo account to traders.

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    Success will remain a mirage to you if you keep yourself apart from learning. We want success but we don’t follow the criteria to become successful. So, start learning and trade with a regulated broker. On the platform of FXOpulence, you can easily and smoothly run an EA without facing any technical errors like slippage, requotes etc.

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    Forex education involves learning about currency trading, market analysis, and strategies. It covers basics like currency pairs and leverage, as well as advanced topics like technical analysis and risk management, helping traders make informed decisions and improve their trading skills. LQDFX broker provides free educational program to traders including webinars and other resources.

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