Hi there. One more move down is expected, but we are not interested in sell, we are interested in buy. So, wait for the price to hit the bottom of the pattern and watch strong price action for buy. Don’t take a trade if you don’t see clearly when big guys are in.
hi guys eur/usd signal its a long term trade enjoy
I will be looking to open a short position on this pairing, for reasons technical and fundamental. I will be watching the non-farm payroll closely to see confirmation for my trade. My technical reasons include; horizontal resistance between 1.146-47 and a potential down-trend line (yet to be seen). My fundamental reasons include; recent warmth in the US/China...
Made a good strong bounce today, ideally we will see some sideways movement in the shape of a bull flag, slow and steady towards our entry zone (blue). If that happens, we can increase the position at the green circle with the target at the yellow circle. Stop level will be the red zone
Finally, the EURUSD price action confirms a potential bottom formation at 1.1302 levels, just shy by 1 pip of the past swing lows. The 4H chart wave structure also looks good with Waves A and B complete and Wave C rally resumes from 1.0302 levels. The EURUSD is seen to be trading around 1.1425 levels for now, and looks to have completed its first impulse wave at a...
EURUSD has failed to break resistence and further decline is likely.
Price is in dowontrend on weekly with massive bearish Kumo clouds. Minor Ichimoku has bullish cloud, so we should see some pullback next weeks as we hit the cloud bottom and range box upper support.
Pair rebounced from strong local support zone and brokeout r-resistance-local trend line. But there is couple of resistance zones ahead. So, local signal - good; overview is still bearish.
At the moment, we are seeing on the chart that the pair was able to consolidate below 1.1450 and 1.14 and reached the 1.1305 level. It is from this mark that we observe the beginning of the correction for the pair. Given the continuous decline and updating of local minima, we believe that the corrective movement may send the price to the marks of 1.14 and...
The 4H chart view has been presented today, keeping in mind November and December series. The EURUSD reversed yesterday from 1.1302 levels, just 1 pip higher than the previous swing low at 1.0301 levels and this keeps the medium term structure as a standard flat unfolding. Also, we maintain our medium term bullish outlook. Now, let us have a look at the time each...
The US Dollar Index pipped higher above 97.00 levels in the past 24 hours. Please note that it is not a significant high but just a test as of now. Looking into the medium term wave counts, the US Dollar index could be unfolding into an A-B-C expanded flat at this moment. We can clearly count a-b-c, Wave A termination at 93.80 levels, followed by another a-b-c,...
The EURUSD hourly chart could be indicating that a re-test of 1.1300 levels is possible. If a flat A-B-C structure is unfolding as a corrective rally since 1.1300 lows, prices should remain above that and reverse. As an alternate, if an expanded flat A-B-C is unfolding, we could see a dip below 1.1300 levels before EURUSD reverses higher. In either case, it could...
The Trend Follower Strategy has just sold EURUSD at 1.13446. The system recommends entering this trade at any price between 1.1329 and 1.13602. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.50524. This suggests that the EURUSD could be trending downwards.The 14-period Average True Range on a daily chart is...
SX5E bounced off its support at 3088 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could bounce up to its resistance at 3267 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) bounced off near its support at 2%.
The EURUSD is holding the 1.1340 level. Good time to buy long on Eur. Good luck
At the moment, we are seeing a continuation of the downward movement of the pair. The trades are going below the 1.14 mark. Judging by the technical indicators, the pair will continue its downward movement and it is possible to move to the 1.1315 mark. The price is in the lower Bollinger band, so we do not expect a reversal yet. We advise you to look for points to...