Good day everyone, After a good short position on eurusd (check related idea) we now are near a huge previous bottom level. We can see that huge rsi divergence on weekly timeframe, and now we have a good bullish rsi divergence on our H4 timeframe. Daily chart show us that we are near the bottom of the channel and S1 weekly level. H1 already showing some...
Euro index is approaching its resistance at 6.9504(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its support at 6.9159 (61.8% Fibonacci extension , horizontal swing low support). Stochastic (34, 5, 3) is approaching its resistance at 91% where a corresponding bounce could occur.
EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.1283 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high...
EURUSD Double bottom on significant zone Looking for Bullish Price Action closing out of the orange zone to send us up to re-test the weekly downtrend. NO PRICE ACTION CONFORMATION NO TRADE IS ENTERED!! Never Risk More Than 2% Per Trade
EURUSD price action have been trading in a quite narrow range, price has almost reached the prior lows where I see convergence developing. Looking 1.1176 a good area to build long positions with a 50 pips stop, targeting 1.1338 area. t.me/traderfromhell (CHANNEL)
EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce to our major resistance at 1.1283 (horizontal overlap resistance, 38.2% Fibonacci retracement ) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price.
Hi there . This is a recent analysis for the major currency pair EURUSD. As you see the weekly chart EURUSD is at a downtrend with price target of 1,10 and 1,08. Short signal is confirmed from RSI and ADX. At Friday which NFP's are announced might move lower and break the level of 1,11 if NFP's came out possitive as it is expected for March. The price level of...
EURUSD is approaching our first support at 1.1187 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce to our major resistance at 1.1283 (horizontal overlap resistance, 38.2% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading...
Looks like temporary dip been created so market may want to looks for some stops to the upside. I would like to join that journey by trying to buy dips down towards 1230 and below with tight stop under Friday low with 1,1280/1290 as first possible target
The pricing is caught in a slow negative channel. 1.18 - 1.14 currently. The drop has been painful for trend traders who can't get a lock on this activity. There is a long-term price projection in the channel of 2017 lows (near 1.0480) We have been in a bear situation with the EUR/USD since May 2018. This isn't going away just yet. A monthly close below 1.11763...
EURUSD made a wonderful drop in Week 13 as expected. For all traders who shorted, congrats to your big profit! It was a swift move and it didn't post much risk to traders shorting them. The bearish move of EURUSD was quite strong, and it only started to consolidate and giving hints of reversal on Friday. The bearish trend sees 4 level of drop rather than 3,...
Check this out,,,,, sl under 112 EURO banks had best day for a while yesterday USD weak
At the moment, the pair has declined and found the support level at the 1.1215 level and for a long time cannot fall below this mark. We believe that the rebound from this level will soon happen and the pair will go up. Therefore, we advise you to take long positions in the pair and consider as your goals the marks near the levels of 1.1260, 1.1275 and 1.1310.
EURUSD has been practically trading sideways since November 2018, with however relative bearish bias since 1W is on Lower Highs (RSI = -40.078, MACD = -0.008, Highs/Lows = -0.0063, B/BP = -0.0113). Our attention is currently expanding on the larger 1M time-frame where the bearish long term sentiment is clearer. STOCH, STOCHRSI, Williams are all oversold, and as...
The previous 2 analysis worked out perfectly, using sentiment analysis instead of TA :). Fooling bulls and bears with making one trap after the other. Anyway, were in the price range what i was hoping to see again when making that analysis, so assuming the double bottom on the daily is still in play, we should a low forming in this range now the coming days....