How To Make Money Today: Daily Market Analysis and Forex Trading Signals 14 February 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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EUR/USD :

On the H4 price is near the first resistance level of 1.13611 in line with 38.2% Fibonacci retracement. Price can potentially dip to the 1st support level of 1.12789 which is in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by the RSI indicator as it is abiding by a descending trendline

Areas of consideration:

H4 1st resistance at 1.13611
H4 1st support at 1.12789

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