The common European currency remained stable against the Greenback on Friday. Even though technical indicators showed signs of recovery and were actually edging higher during the day, the pair failed to gather the necessary bullish momentum to dash through 1.1680. This significant resistance cluster is formed by the 55-, 100– and 200-period SMAs both on the 1H and...
For the next three weeks, I will be on vacation but before, my analysis on EUR-USD and a little lesson about opening the correct POSITION SIZING in a trade. If EUR-USD closes above the blue trendline, there will be a bullish signal with the target area at 1.1883/1.1892 and the stop loss at 1.1560/1.1565. Before click on "BUY" or "SELL" you have to decide not...
Our pair again moved away from the level of 1.1625 and turned around. At the moment, Bollinger Bands and Stochastic point to a purchase, and the pair apparently headed up to 1.1745. We observe that the price continues to be in the current corridor (1.1625 - 1.1745) and advise you to occupy long positions with the nearest target level 1.1740. From it we expect the...
EURUSD is approaching support at 1.1620 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where a bounce up to its resistance at 1.1711 (76.4 Fibonacci retracement, horizontal overlap resistance) could occur. We do have to be cautious of the intermediate resistance at 1.1663 (38.2% Fibonacci retracement, horizontal overlap...
Buy entry 1.1620. Stop loss 1.1573. Take profit at 1.1711. Reason for the trading strategy (technically): EURUSD is approaching support at 1.1620 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizotnal overlap support) where we expect to see a bounce up to its resistance at 1.1711 (76.4 Fibonacci retracement, horizontal overlap resistance). We do...
Guys EURUSD Test Resistance keep watch. If do not break up Sell . Level mentioned in charts... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if...
Market holding strong on the support... with rejection from 50 EMA and double bottom on 1H with engulfing kicker gives enoughconfirmation to enter this trade stoploss : below the swing low Please Use Money management If you agree dont forget to like and comment Good luck
EURUSD is approaching its resistance at 1.1743 (61.8% Fibonacci extension, 76.4% Fiboancci retracement, horizontal swing high resistance) where price could reverse off and move towards its support at 1.1661 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching resistance at 96% where a reversal might occur.
Sell entry 1.1743. Stop loss 1.1789. Take profit at 1.1661. Reason for the trading strategy (technically): EURUSD is approaching its resistance at 1.1743 (61.8% Fibonacci extension, 76.4% Fiboancci retracement, horizontal swing high resistance) where price could reverse off and move towards its support at 1.1661 (50% Fibonacci retracement, horizontal overlap...
DX recovered the 0.50 Fibo spot on 1H adding further selling pressure on another failed top (1.1717). Essentially the price stayed ranged under high 1H (ATR: 0.0019) volatility (Triangle on RSI = 43.294, Highs/Lows = 0) stalling halfway the completion of the projected 4H H&S pattern (RSI = 48.825, Ultimate Oscillator = 49.400). This has created a new successive...
The last two trading days were beneficial for the EUR/USD exchange rate, with it edging 1.36% higher. During this time, the pair surpassed the 55-, 100– and 200-hour SMAs and breached a two-week channel down. This bullish sentiment was strengthened on Friday following the US President Donald Trump’s comments of the strong US Dollar. By Monday morning, the Euro...
WELCOME TO DACAPITAL TRADING!! EURUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Strong bearish reaction to 1.17450 key level DAILY Sideways movement after explosive bearish movement WEEKLY Overall bearish with a small consideration zone LEVELS SELL EURUSD @ 1.16770 SL @ 1.17600 (80 Pips) TP1 @ 1.15850 (90...
EURUSD has reversed off its resistance at 1.1745 (61.8% Fibonacci extension, 76.4% Fiboancci retracement, horizontal swing high resistance) where price could pullback to before making a further move down to its support at 1.1644 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) has reversed off its...
Sell entry 1.1745. Stop loss 1.1789. Take profit at 1.1644. Reason for the trading strategy (technically): EURUSD has reversed off its resistance at 1.1745 (61.8% Fibonacci extension, 76.4% Fiboancci retracement, horizontal swing high resistance) where price could pullback to before making a further move down to its support at 1.1644 (61.8% Fibonacci extension,...
nice triangle set up here for the euro, consolidating along a relative support line. waiting for the upward or downward break out.