How To Make Money Today: Daily Market Analysis and Forex Trading Signals 23 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 chart, price is in the middle of 1st resistance of 1.13967 in line with 50% Fibonacci retracement and 1st support of 1.12784 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially bounce from the 1st support to the 1st resistance level. Our bullish bis is supported by the stochastic indicator as it is near support level.

Areas of consideration

H4 1st support at 1.12784
H4 1st resistance at 1.13967

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