New York
London
Tokyo
FX Options Trade Analysis
Trade Alerts, Trend Reports and Opinions by FX Options

Euro: the downside prevails.

Euro

Pivot: 72
Our Scenario: Short positions below 72 with targets @ 68 & 67 in extension.
Alternative Scenario: Above 72 look for further upside with 73.5 & 75 as targets.
Comment: the pair is posting a rebound but remains under pressure.


Option Strategy
Option ST -1
Delta ST 0
opinion MT 0
Delta MT 0
Chart Levels
Resistance1 72
Resistance2 73.5
Resistance3 75
Support1 68
Support2 67
Support3 66

SocialTwist Tell-a-Friend

Leave a Response

Trading Metro
Disclaimer

Before diving into the legalese below, use your common sense when trading. Rely on yourself to define trade execution, don't trade with money you cannot afford to lose, and know the risks of trading. Be responsible, be honest, and use common sense.

Online trading, especially that on margin carries a high level of risk and may not be suitable for all investors. Opinions expressed at Trading Metro are those of the independent authors and do not necessarily represent the opinion of Trading Metro. Trading Metro has not verified the accuracy of any claim or statement made by any independent author. It's your responsibility to ensure the veracity of information presented.

Any solutions, opinions, news, research, analyses, prices or other information contained on this website, by Trading Metro, its employees, partners or contributors, is provided as general market commentary and tools, and does not constitute investment advice. Trading Metro will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Information on Trading Metro is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on Trading Metro is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy and our Privacy Notice.

Feedback Form