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EUR/USD MACD Convergence Signal

By Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

By: ForexRoyals

Currency: EUR/USD.
Trend Expected Direction: Uptrend.
Method : MACD Convergence.
Description: The EUR/USD is currently forming a MACD convergence. As shown on the chart we see the MACD shows possible convergence and the MACD line crossed the MACD signal line.
Action: Best action is to buy .
Target Area: First target 1.2950
Stop Loss: 1.2870.

EURUSD Signal 2 92412

Forex Royals
About Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.
 

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