BOJ steps in with £70.1 billion worth of ETF purchases today

Further Development


Analyzing the current trading chart of EUR, I found that EUR looks exhausted on the downside swing and that we might see further buying continuation.My advice is to watch for buying opportunities on the pullbacks with the upside targets at 1.2025 and 1.2075.Stochastic oscillator is showing bullish divergence and another bull cross, which is good sign for further upside movement.

Key Levels:

Resistance: 1.2025 and 1.2075.Support level: 1.2000

The material has been provided by InstaForex Company –

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.