{"id":7603,"date":"2010-03-16T07:30:50","date_gmt":"2010-03-16T11:30:50","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7603"},"modified":"2010-03-16T07:30:50","modified_gmt":"2010-03-16T11:30:50","slug":"forex-trading-opportunities","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/16\/forex-trading-opportunities\/","title":{"rendered":"Forex Trading Opportunities"},"content":{"rendered":"<p>Dear Trader,<\/p>\n<p>The U.S Interest Rate will be released today, March 16<sup>th<\/sup> at 6:15pm GMT. Due to the expected influence of the announcement on the  Forex market, we have collected for you a few trading ideas, which you  might consider to take advantage of prior to the rate announcement &#8211;<\/p>\n<p><strong>EUR.USD, Hourly<\/strong><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" title=\"124\" src=\"http:\/\/www.etoro.net\/wp-content\/uploads\/2010\/03\/124.png\" alt=\"124\" width=\"490\" height=\"309\" \/><\/strong><\/p>\n<p><strong>Trading Advise-<\/strong> Although the Pair opened on a negative note this week the weekly outlook  still remains bullish. Use the 1.36 to place your stop loss under it  and ride a bullish trend close to the 1.4 level. Trim you bet slightly  below 1.4 as the 1.4-1.42 is a heavy bids zone where we suggesting  cautiousness.<\/p>\n<p><strong><strong>EUR.USD, Daily<\/strong><\/strong><\/p>\n<p><strong><strong><img loading=\"lazy\" decoding=\"async\" title=\"225\" src=\"http:\/\/www.etoro.net\/wp-content\/uploads\/2010\/03\/225.png\" alt=\"225\" width=\"491\" height=\"330\" \/><br \/>\n<\/strong><\/strong><\/p>\n<p><strong>EUR.JPY, Hourly<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"319\" src=\"http:\/\/www.etoro.net\/wp-content\/uploads\/2010\/03\/319.png\" alt=\"319\" width=\"490\" height=\"330\" \/><\/p>\n<p><strong>Trading Advise-<\/strong> The  Pair is expected to have a volatile journey north with the 124.85 as the  first resistance. Although downside risk for the pair is still  considerable we still see good upside potential with good risk reward  ratio. Place your stop loss under 123 and ride a rebound to the 125  area.<\/p>\n<p><strong>EUR.JPY, Daily<\/strong><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" title=\"412\" src=\"http:\/\/www.etoro.net\/wp-content\/uploads\/2010\/03\/412.png\" alt=\"412\" width=\"490\" height=\"330\" \/><\/strong><\/p>\n<p><strong>Special Attention- <\/strong>If you  are a long term player watch for a daily close above the 125 level. A  close above that level could ignite a strong rally for the pair. Place  your stop loss under 120 and ride the pair to our long term target of  130.The pair\u2019s move to 130 is expected to be volatile moreover a failure  to close above 125 on a daily interval would invalidate our long term  scenario.<\/p>\n<p><a href=\"http:\/\/www.etoro.com\/B218_A16627_TClick.aspx\" target=\"_blank\"><strong>Daily Forex Market Analysis provided by eToro<\/strong><\/a><strong><\/strong><\/p>\n<p>Disclaimer: Trading in the Foreign Exchange market might carry  potential rewards, but also potential risks. You must be aware of the  risks and are willing to accept them in order to trade in the foreign  exchange market. Don\u2019t trade with money you can\u2019t afford to lose.<\/p>\n<p><strong><a href=\"http:\/\/www.etoro.com\/A16627_TClick.aspx\" target=\"_blank\">\u00a9 2009 eToro Blog.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S Interest Rate will be released today, March 16th at 6:15pm GMT. Due to the expected influence of the announcement on the Forex market&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7603","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=7603"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7603\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}