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EUR/USD Signal - German Factory Orders - 07 Jan 2019

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1460
Stop Loss: 
1.1380
Direction: 
High
Result: 
Profit
How we trade
5/5 of 9 ratings

This week traders should be cheerful after Jerome Powell's speech boosted the forex markets. Today, on a light EU calendar, traders will eye the German data including Factory Orders and Retail Sales. After Friday's sell off, the Euro recovered almost 100 pips and looks again on the upside.

eurusd signal 07 jan 2018

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.