This is the 4H chart, big gray highlghted area is daily resistance plus a big 0.618 Fib Level. 4H broke the trendline, awaiting a retest, and then straight to the 1.12000 zone!
It has broken support and Trendline also. I support this can go down a little or much? Time to kill EU? Do not over leverage your account please. Check my status buddy and smile!
11349 major level has held , we presume a bearish resumption in the USD this week and a bullish resumption for the stricken EURO looking to back to previous lows if not lowe We have had a marabouzi candle formation @11139 trade these candles formation as previously advised happy trading
I am projecting 60 pips for this trade setup.
There is now another opportunity to enter short on the EURUSD currency pair. I am still holding my short position from 1.14 because price made a lower low last week and it is now forming another lower high so my bias is still bearish. - Lower Lows & Lower Highs - Double top rejection of Fib 0.5 retracement level - Price is rejecting 1.13 intraday resistance...
Considering the consolidated technical analysis of our pair, we do not receive a clear signal to enter the market. However, our pair has currently stopped at around 1.1295 level and stopped the upward movement. Now our technical indicators point to a sale and we believe that the price will go down. We advise you to take short positions in the pair and set your...
WAITING FOR A CLEAR INDICATION AND REVERSAL OF THE HIGHLIGHTED REGION FOR THIS PAIR TO EXECUTE A SHORT AND CREATE A NEXT LOW TO FOLLOW THE EURUSD TRADE.
EURUSD weakness spotted. Potential shift to lower price zones.
After analysis i can say we will have UP trend here. I expecting TP2 i will upd late. Chance for invest 100% good. TP1: 1.12610 ENTRY: 1.12480+- SL can be 30% of invest Chart time frame - H4 Time for reaching TPs - 2-8 hours Follow, Like, Share or Comment Thanks on supporting! All best!
We observe that yesterday the price showed a sharp climb, overcoming several resistance levels at once. Today it is possible that the price goes into correction. We believe that the price can go to the level of 1.3135 and again continue the upward movement. Therefore, we advise you to take long positions in the pair, but you should wait for the completion of the...
The double bottom is still playing out, dropped a bit more than expected upfront, but it made a good bounce up so far. So coming week might be important for the mid-term. Small rejection so far from what seems to be a resistance zone. Ideally we see it drop towards the 1.122, making a higher low there and then seeing a big strong counter move straight through that...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.127. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.122. TP4: S2=1.12. Set the stoploss of these orders at breakout of R2=1.129. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
EURUSD's resistance held perfectly and we could see a huge sell off on all EUR pairs as yesterdays Interest rate decision held 0% as expected. We could see today and nice pullback, which could continue to the next week and next week is gonna be huge for EURUSD as i will be aiming and sniping targets for longterm shorts! Let's wait for crucial areas here (Red zone...
For me there is a potential sell setup. It could bounce off to the downside earlier, but my intuition + resistance + fib levels + trend line tell me that we should wait a bit. Leave your comments below!
After the pair reached lows for 21 months last Thursday, the price turned around and is currently in a correction. The pair is now in the range of 1.1185 and 1.1250. These levels are the boundaries of the current channel and we expect a speedy exit from this range. Technical indicators point to a sale and we believe that after reaching the upper limit, the pair...
We have seen whole day profit taking last Friday and that does not look good from bears perspective. Of course bulls need to close day above pre ECB breakdown ( in that case 1,10 still possible ) But Im not going to be surprise if we see higher levels from here, based on possible demand on weekly chart
First of all above 1.1235 eurusd is targetinf 1.1278 blue trendline resistance today. Beside that 1.1215 is crucial above that level rise on the pair will continue but below that pair might retest 1.1180 level.
EURUSD at 20 month lows, Anticipating 1.10 to be tested within the next couple months.