In spite of the fact that EURUSD dropped below 1.1432 interim support yesterday, the medium term wave structure looks constructive for the bulls to take over. Please note that we would focus on 1.1300 levels to hold in the next few trading sessions and watch out for a lower degree rally (5 waves) to confirm a bullish stance, against support at 1.1300 levels....
As corruption scandal around European banking evolves EURUSD take full damage.
EURSUSD is at major support 1.1350, next 1.1305. Long till 1.1650. Good luck
1. EURUSD broke the bottom of the range again. 2. Looking to short at 1.1535. With good RR *When price reaches that level, look for a good entry signal. 3. Just nice 0.618 fibs retracement level is there as well.
EURUSD bounced of support at 1.1380...long target 1.1850. Good luck
On our chart, we observe that the pair continues to remain in the lower Bollinger band. This means that the downward movement continues and we expect a new test of the 1.1440 level. After that, the pair will go to test the lower levels of 1.14 and 1.1370. However, you should wait for the breaking of this level. Therefore, we advise you to look for points to enter...
The EURUSD short term story seem to be suggesting that a triangle could be unfolding as Wave 2, within proposed Wave C rally towards 1.1850 and higher. This looks like the most probable count for now and if this should hold, we could see wave e termination of triangle any moment now before prices break above the 1.1500 levels again. Please also note that prices...
GBPAUD is approaching its support at 1.8259 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.8405 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce...
EURUSD is approaching its support at 1.1433 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1542 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 1.5% where a corresponding...
EURUSD is approaching our first support at 1.1432 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1540 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching...
Italy fiscal problems perhaps the case of sell the rumour buy the fact? ECB this week. I entered long position at 1.14500 stop at 1.14250.
Nice rejection candle and remember we had an engulfing candle on the daily chart Friday. Vert tight stop great R/R. Don't risk what you cant afford to lose. I am loaded so I can afford to lose a heap of Dosh. Good luck,
EURUSD has found major support at 1.1435, with large buy positions pushing it back up. This is a good signal the market is long on EURUSD. The EURUSD has been under pressure with US stocks dropping, and Italy bonds. Investors buy USD currency for safety. The markets will settle down soon, and this will push the EUR back up. Good luck
The Breakout Opportunities system has just sold EURUSD at 1.14653. The system recommends entering this trade at any price between 1.14486 and 1.14862. The signal was issued because the EURUSD has broken its 24-hour low while our Speculative Sentiment Index was at 1.24411, suggesting that the EURUSD may have further to fall. A stop loss has been set at the 24-hour...
At the moment, we are seeing that the pair has once again moved away from the level of 1.1440 and is being adjusted from it. If we look at our technical indicators, we will see that the downward movement continues. We believe that after correction this level will be re-tested and overcome. The next support level will be 1.14. We advise you to look for points to...
The EURUSD bulls struggle to hold gains repeatedly for now around the 1.1600 mark, but are still holding above 1.1432 levels, critical support. This price action is keeping the structure intact for now and we would still maintain medium term bullish stance until prices remain above 1.1432 levels. A probable wave count after Wave B termination at 1.1432 levels...