Since the previous analysis we have dropped in to that yellow zone, but so far just in a straight line. As mentioned in the previous analysis, first i want to see if we see some kind of pattern gets formed before going long. Because the pullback from the breakout is already weak, we dropped a bit below the breakout zone (blue zone on the right), i am going to...
My view for the EURUSD has been up for the long term and after several months of sideways action, it looks like we finally have the breakout. The trigger was yesterday, when FED changed their interest outlook for the coming year. Towards the end of 2018 the FED decided they would do 2 interest hikes in 2019, which was a disappointment for the stock market and one...
thats lowest line of the "4H" pattern and must going up...
EURUSD is in range more than one week. During this week the price has formed a technical figure - Head and Shoulders, If my analysis is right we already broke the shoulders line and can go down. Waiting for better confirmation to open a sell position. Trade safe!
The pair reached the level of of support at 1.1410 mark by touching it with the shadow of a candle. Technical indicators continue to indicate a purchase and we expect a correction in the upward movement to be completed soon. Therefore, we advise you to take long positions in the pair after the completion of the testing of the 1.1410 level. We recommend setting...
The pair crossed into the 1D Sell Zone (1.1500 - 1.1570) last week and was immediately rejected near 1.1515 (already RSI = 52.807, ADX = 19.684, Ultimate Oscillator = 50.469). We have a similar candle sequence occurrence on 4H whose pattern has resulted into a strong decline in the last two times. This is an ideal short opportunity with TP = 1.12900. ** If...
EURUSD bounced nicely off its support at 1.14499 (76.4% Fibonacci retracement , horizontal swing overlap support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.1503 (61.8% Fibonacci retracement , 76.4% Fibonacci retracement , horizontal swing high resistance). Stochastic (34, 5, 3) is bounced off its support where a...
If Eur/Usd continues to make a 3 wave corrective structure here, I would look to take it from the 800ma (blue) to the 200ma (red) on the daily.
EURUSD made a strong rise in week 5, it raised from Monday to Wednesday, and only to die down on Thursday after seeing a reversal pattern on the M15 chart and follow by a second confirmation on Friday during the NFP which completes the reversal pattern on the H1 chart. EURUSD completed its three levels of rise and ended week 6 with a complete bullish level 3...
Dears Trader, There's a chance to buy EURUSD when? when the price breakout the low trend as mentioned on the chart. And the target on the chart. Good luck
To date, the correction ended after the pair reached the 1.1440 mark and went up again. On the chart, we see the possible drawing of an inverted head and shoulders pattern. Technical indicators point to a purchase. We advise you to take long positions on the pair and set take profit near the levels of 1.1510 and 1.1560
The EURUSD seems to have made an interim top around 1.1514 levels yesterday. We have been expecting a pullback since the short term charts looked stretched after the pair hit 1.1500 levels. Looking at a lower degree count, an impulse might be complete between 1.1289 and 1.1514 levels and a counter trend drop could be underway. Please note that the potential...
EURUSD is meeting serious Support on 1.13000 on Weekly and Daily timeframes with potential huuge reversal to the upside (at least correction) EU has been rejected by this support many times on weekly timeframe and it might be the final attempt to break it. On weekly timeframe, EU is little bit choppy right now. If we will not break the support, there are three...
After a long consolidation near the level of 1.1440, the pair was able to go up and found a new level of resistance at the 1.1505 mark. After that, the pair stopped growing. Technical indicators indicate the purchase and we believe that the price is now adjusted and growth will be resumed. Therefore we advise you to take long positions on the pair and set take...
The EURUSD rally yesterday came in as no surprise since the direction we have been calling for is on the north side towards 1.1800/20 levels at least. The only element of surprise was a very shallow retracement that terminated at 1.1405 levels before the pair took off. Keeping in mind the bigger picture, we would like to bring to notice that RSI has been diverging...
We have 3 clear bearish signals on EUR/USD. Great time to look for short entries.