Price is currently at the bottom half of the ascending channel support.
Hi Dears, Wait until the shopping area reaches But remember that nothing in this world is 100% Good Luck
Previously I gave out a EUR USD short signal, now this could still be valid and may still hit TP... but I can see a really strong reason as to why I think bulls will now take over and push price higher, if you are in my original sell position you will be deep into profit anyway so move SL into profit to lock in that money. From this chart we can see that the...
waiting for targets, If it breaks the wedge. "stop-loss" under the support line. Good Luck, -YusufDeli
The EURUSD continues to drift sideways, trading in a tight range between 1.1350 and 1.1375/80 levels respectively. It could break lower to print yet another low but till the time 1.1213 support stays, EURUSD bulls can make a strong comeback. A short term support trend line is just seen to be passing through 1.1330/40 levels where a bullish bounce could be...
We can see that momentum to the downside is slowing down and price has reached a critical demand zone. we can expect a push upwards.
EURUSD is approaching its support at 1.1310 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1379 (61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
Since last several trading sessions, the EURUSD pair has drifted sideways with much anticipated move higher being delayed in time. Even at this moment, it has retraced its latest upswing between 1.1300 and 1.1569 levels by more than 61.8%, with prices forming a low at 1.1353 levels on Friday. Looking at the larger wave structure, the EURUSD seems to be carving out...
On our chart, as expected, the head and shoulders figure was worked out and the pair was falling to the level of 1.1360, now we are seeing a slight correction. Technical indicators point to a sale, MACD is in the negative zone, and the volume of trades for sale is falling. We expect that the pair will move to the early line of the uptrend and may turn around from...
The 1D Channel Up made a Higher Low at 1.1352 on Friday (RSI = 47.251, MACD = 0.000) and should now technically start rebounding towards a new Higher High, which at this time is limited to 1.16230. This is because that's where the 1W Channel Down is expected to make Lower High and reverse. Attention is needed however as if the 1D Channel Up breaks the previous low...
The heightened risk appetite seems to have encouraged the market to return into the carry trade via lower-yielding currencies the likes of the Euro and the Yen. The weakness in the former has manifested into the breakout of its multi-month range point of control circa 1.1375, which allows further downside towards 1.1345–50, an area of dual support based on the...
EURUSD is approaching our first support at 1.1363 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1460 (horizontal pulllback resistance, 50% Fibonacci retracement). Stochastic (34,5,3) is also...
Price is about at a possible reversal point for a swing trade; now looking for a signal and a preferable entry on the 4 hour chart before placing the order.
EURUSD This is scalping for about 40-60pips if retested the support, would love to open a sell to my target and get out and prepare for next move a tight Sl about 15pips
I am ready to enter long position on EUrUSd at FIb.. 0.618 level beacuse Eur is going to test this level second time and will become double bottom ..... My TP will be 1.171 .. hit like if you think EurUSd will behave like this or suggest me ..