EURUSD is at major support, great time to go long Good luck
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 1.1502 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also...
Good buying area...EURUSD long. We are at the major support level, and should bounce to 1.1620. Good luck
The pair has tested the 1.1430 1D support again and was subsequently rejected towards a new Lower High on the 1D Channel Down (RSI = 42.467, MACD = -0.002, B/BP = -0.0042). With the Highs/Lows neutral at 0.0000, the new Lower High should be already priced on E.U. opening (1.1550), so a 3rd test of the 1D support is imminent. Technically it results in a break-out...
EURUSD keeps the structure intact, with prices reversing from just a pip away at 1.1433/34 levels on Friday, moving over a 100 pips through 1.1535 levels. During the short term bull run, it has also taken out initial resistance at 1.1527 levels. With EURUSD trading at 1.1512 levels at this point in time, one could expect a corrective drop, possibly a lower degree...
The eurusd has reversed from down trend, and now getting bullish. With targets 1.1610 & 1.1810 next. Good luck
Technical Analysis Hey Guys how u all doing lets talk about our favorite pair EURUSD Double-bottomed last week and looking really bullish we will buy this in a pull back for 120Pip profit Target. Thank You
Watch price action near mentioned levels
As you see, the bearish pattern got formed at 23.6 weekly Fibonacci resistance and 50 EMA, 200 EMA are also above the pattern. On Hotforex charts this weekly pattern looks slightly different but nevertheless NCH identified it as Bear Sash. If you you look at FXCM chart it is a fine Bearish engulfing, very reliable pattern. And on monthly price stalled at lower...
Event 1 : If the resistance of 1.1580 - 1.1600 is exceeded, the target price may be 1.1750 Event 2 : EURUSD try 1.435 value (double bottom) If the 1.1435 support is crash, the target price can be 1.1270
The EUR has bounced off major support 1.1435 2 times now. We should see EUR move up ...short term target 1.1545. Good luck
eur usd is forming negotiable bat pattern with very interesting proportions and very likely we look for a zone of reversion regards
At the moment, our pair has continued to decline and buyers are leaving the market. Closing long positions by bulls helps to reduce the pair and it updates monthly lows and is likely to go to one-year lows. Technical indicators point to a sale and we see the formation of a powerful downward impulse. Therefore, we advise you to take short positions and consider...
The EURUSD story still looking constructive for bulls as prices remain above 1.1432 levels. Please note that a zigzag corrective drop looks to be complete at 1.1450 levels, and EURUSD is seen to be trading around 1.1464/65 levels at this point in writing. Looking into the short term wave counts, EURUSD Wave C might be underway already and furthermore waves i and...
Current 1470/50 as line in the sand and we are testing it again.
At the moment, we are seeing that the price has fallen below the support level of 1.1510, but still has not been able to pass the psychological level of 1.15. All technical indicators point to the sale and are directed down. Also, the market is less volatile until the American session has begun. We advise you to look for points to enter short positions and...
The EURUSD story is unfolding exactly as expected and discussed lately. It is seen to be testing the support zone projected yesterday between 1.1500/30 levels, and probable bullish reversal likely from here. Looking into the immediate wave structure, a lower degree wave i and ii now seem to be in place with potential termination (for wave ii) at 1.1490/1.1500...
The dollar is currently quite weak compared to the euro. The EUR/USD price broke above the resistance and is now using that line as a support. There was a strong bullish pin-bar rejecting that support line - therefore I am looking to enter a long position first thing tomorrow morning. TP - 1.165 SL - 1.156 This is not investment advice - Losses can exceed...