23 June, AtoZForex – Today we have market expectations and setups along with pivot points for three currency pairs.
Magic EURUSD trading strategy for June 23
Based on today’s AtoZ Magic Forex Trading Strategy analysis for EURUSD saw bullish price developments with price trading above 100SMA and today’s R1 level. With that in mind we expect further bullish continuation towards to R2 level. If bears manage to take control from R2 level we expect the pair to continue on a bearish direction towards to pivoted level and 100SMA at 1.1156 level. Hence, stochastic indicator is trading at 80 level with a bullish slope.
Today’s Pivot points and trade setups for EURUSD are as follows:
Pivot Point: 1.1156
R1: 1.173, R2: 1.1195, R3: 1.1211
S1: 1.1134, S2: 1.1117, S3: 1.1096
Fx Pending SELL LIMIT @ 1.1194 With Stop Loss: 1.1230 and Take Profit: 1.1155
Magic GBPUSD trading strategy for June 23
According to AtoZ magic Forex Trading Strategy for GBPUSD saw sharp bullish price developments and price is currently trading above R3 level. However, sellers can be found at 1.2760 and 1.2780 level respectively. Moreover, stochastic indicator has strong bullish signal. Although, we can expect some correction from this pair from 1.2780 towards to 1.2730 level.
Today’s Pivot points and entry levels for GBPUSD are as follows:
Pivot Point: 1.2675
R1: 1.2695, R2: 1.2712, R3:1.2733
S1: 1.2659, S2: 1.2638, S3: 1.2622
Magic AUDUSD trading strategy for June 23
For today's AUDUSD AtoZ magic Forex Trading Strategy saw the price retracing from R2 level and 100SMA. However, a break above those levels will indicate further bullish price developments towards to R3 level. Stochastic indicator is trading above 80 level with a bullish slope.
Today’s Pivot points and entry levels for AUDUSD are as follows:
Pivot Point: 0.7544
R1: 0.7556, R2: 0.7572, R3: 0.7583
S1: 0.7530, S2: 0.7519, S3: 0.7503
Fx Pending SELL LIMIT @ 0.7572 With Stop Loss: 0.7610 and Take Profit: 0.7545
I'll give it a try
It's against the trend entries make sure to use proper money management and risk management
Will do. Cheers
Congratulations @chrys! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
<p dir="auto"><a href="http://steemitboard.com/@chrys" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 2x" /> Award for the number of upvotes <p dir="auto">Click on any badge to view your own Board of Honnor on SteemitBoard.<br /> For more information about SteemitBoard, click <a href="https://steemit.com/@steemitboard" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">here <p dir="auto">If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto">By upvoting this notification, you can help all Steemit users. Learn how <a href="https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">here!