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Forex:

Forex Signals for Asian session

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World-Signals Team

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Crude Oil trading strategy in the next couple of days

Crude Oil price recovery may end in the next couple of days. World-Signals.com expects to see technical correction down below $48.00. The Crude Oil price jumped from $45 in New York to $51 after OPEC members agreed to cut by 1.2 million barrels per day. But there is strong resistance at levels above $52. World-Signals.com trading strategy is to sell Crude oil at the levels at $51.00-$51.35 with target $48.00.

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Trump continues moves the forex market

The United States president elections are the main moving factor for this month. The election of Donald Trump and the first talks about his program is the key signal for the investors. In the first three hours the traders sell dollars while later the dollar recovery the losses and even gain about 150 pips. In the coming week World-Signals.com expect to see exit of the short positions as the dollar may lose the recent gains but not so much. The key support level for EURUSD is at 1.0830 as the breaks below the level we can see 1.0740. The first resistance is at 1.0935 followed by 1.1000. World-Signals.com trading strategy is long positions in the first half of the week when we can see 1.0935 or 1.1000 as then is possible reverse down to the levels of 1.08.

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And again we will see short positions on the winning side this upcoming days

The US Dollar will remain strong above the Euro this and probably next week too. The main occasion this week will be The interest rates decision. Investors all around the globe are waiting for interest rates rises or signals for some movements very soon. World-Signals.com strategy for this week will be to remain trading below 1.10. It is very possible The US Dollar to trade on levels below 1.08 1.0740 for a while. World-Signals.com advices trading from 1.0900-1.0925 for short positions with targets below 1.0800.

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