Free Forex Signals – 1.1160 Key Short Term Pivot

EURUSD Daily Analysis: Short analysis today and plenty of setups on EURUSD, GBPUSD and AUDUSD. After yesterday's rally our short-term bullish bias remains intact, and has allowed a higher-probability short-term setup at 1.12. Our key pivot point is at 1.1160 - above this level we remain short-term bullish. Below this level (but above 1.1090) we remain mixed. Below 1.1090 and another wave down toward 1.1015 is in progress.

4h Chart

Our Preferred Trades*: We have set a buy limit at 1.1190, SL @ 1.1155 and TP @ 1.1290.

Long-term Trend Analysis Chart

Yesterday's EURUSD SwingPRO Signal Result: No EU trades triggered yesterday.

Today's SwingPRO Signal: See preferred setups above.

*CandlePRO: CandlePRO can be used in conjunction with our daily analysis and "our preferred trades." For example, if we prefer "going short" or "selling a rally" then we would look for bearish candlestick signals after a rally or near resistance levels. Alternative if we prefer "going long" or "buying a dip" then we would look for bullish candlestick signals on price drops or near support levels.

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  1. Profile photo of Jacob
    September 11, 2015 at 06:55Reply

    This is a high quality setup. But I think a buy limit @ 1.1190 might not be triggered today. I am personally looking for a long around 1.1245 area.

  2. Profile photo of Jacob
    September 11, 2015 at 17:20Reply

    And I made it for the day. Trade closed!

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