New and new batches of negative statistics stop all attempts of the euro to grow. But the negative is also from the United States and the expected end of the program of quantitative easing by the Bank of Europe and scare sellers. The situation is complicated. from the key level 1.6 flat is possible with a spread of + -0.015-20. entry points on my channel
The EURUSD pair printed 1.1620 level highs yesterday before pulling back sharply. The said currency pair has made intraday lows below 1.1550 today and is seen to be trading around 1.1555 levels at this point in writing. Looking into the short term wave counts, a lower degree impulse wave seems to have completed between 1.1432 and 1.1620 levels. It is being...
EURUSD tried this value for 3 times (MA 408 hlc3) The price will crash support of RSI. Then price will go to 1.4350 Note : DX Index 95.30 - 95.80 moves right.
EURUSD continues to reject price around 1.160000 possible pullback coming into play.
Buying opportunities 1.1585 - 1.1550 - target 1.1610. Good support forming around 1.1535. Good luck
EU broke top trend line trapping buys. It has been testing lower trend line. If it breaks below those wicks, we might get a flat correction here.
The euro gave a powerful kick, published statistics ... we are still in the zone of powerful tension at the intersection of the channel with a powerful level. Today's data with great probability will turn the next bounce into a long-term trend.another rebound, this time backed up fundamentally entry points on my channel
At the moment, we are seeing on the chart that the price could not overcome the level of 1.1610 and turned around from this level. Our technical indicators currently do not give a clear sell signal. In case the price fails to overcome the level of 1.1610 again, we believe that there will be a reversal and the price will go to the levels of 1.1550 and 1.15. We...
The EURUSD currency pair has traded in a range between 1.1530/40 and 1.1600 levels since last Friday. This sideways action could be a flat being carved out and prices could possibly test 1.1500/20 levels before rallying further. Looking at the wave counts, it is quite clear that EURUSD is into a 3 wave correction since 1.1300 lows formed earlier. Within the 3...
TP = 1.1450 hit on a near bottom for the 1D Channel Down before it eventually rose again to 1.1610 for a near 0.5 Fibonacci test. Since this is also a technical Lower High on the 1D Channel Down (Highs/Lows = 0.0000, MACD = -0.001), we expect EURUSD to resume the downtrend and make a Lower Low towards the 1.1300 1W support (RSI = 44.434, B/BP = -0.0073). TP =...
The EURUSD hourly chart is suggesting that a meaningful bottom could be in place at 1.1432 level last week and that the currency pair could be now progressing into Wave C higher. Looking at the medium term wave structure, EURUSD has remained in control of bulls since 1.1300 levels earlier. It seems to have completed Waves A and B and Wave C could proceed higher...
PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
This pair has recorded a tweezer top on the daily, furthermore it has broken below the bullish wedge that was being formed on the 4 hour chart, there is also a head and shoulders pattern being formed on the 1 hour timeframe, I am going to wait for it to break below the head and shoulders pattern and then I shall be going short on the restest.
Entry 1.15800 TP 1.16200 SL 1.15500 Entry 1.15500 TP 1.16000 SL 1.15200
The Tidal Shift Strategy has just bought EURUSD at 1.15738. The system recommends entering this trade at any price between 1.1556 and 1.15916. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.12707, which suggests that the EURUSD could be trending upwards.The 14-period...
The EURUSD pair has rallied close to 180 pips after printing lows at 1.1432 levels recently. Please note that EURUSD bulls took off two resistance till now, at 1.1550 and 1.1600 levels respectively. Looking at the wave structure, Wave A and Wave B are already in place and Wave C is now progressing, and could unfold into 5 waves at the same degree. At this point in...