Hi guys , i am waiting for EURUSD to make a higher high on this set of lower lows , if the prediction comes true , i will enter with the given numbers on the chart. Goodluck!
The strong support of the 200-hour SMA allowed the the Euro bulls to grow stronger during the second part of Friday. Even though this up-move was not very significant, the pair did manage to breach its nearest resistance formed by the 23.60% Fibonacci retracement and a downward-sloping trend-line at 1.2358. ' The Asian session showed no changes to the overall...
EURUSD has broker the daily reistance, wait for the retest and buy. Next target is 1.2500
Since the beginning of today's trading pair of resin to overcome the resistance level and tends to mark 1.2425. Given that the price range has narrowed and coming out of the triangle, we expect further growth of the pair. MACD rose above the zero mark and confirms the buy signal. We expect that the next level that the price will test will be the mark of...
The EURUSD is going up last few hours and getting close to the previous structure level at 1.2425 area, that acts as resistance. This is a place, where the most of the selling orders are placed. Also, the buyers are going to close their positions to lock their profits and that resistance is the best level to do it. Both these scenarios will create an opportunity...
EURUSD looks forming a descending triangle, We have to watch carefully the price @ 1.23 (which meets the lower border of the triangle and 0.382 Fibo ret.) Thank you ----------------------------------------------- Do not read and leave .... Like, Comment and Follow ,,,, its' so easy :)
EURUSD is testing its descending resistance-turned support line and its 1st resistance at 1.2382 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). If it surpasses this level, price would have made a bullish exit from its descending line which could potentially push price to its 2nd resistance at 1.2438 (100% Fibonacci extension, horizontal swing high...
EURUSD is seeing some really strong resistance push prices down, presenting us with a good shorting opportunity. Sell below 1.2373. Stop loss at 1.2341. Take profit at 1.2295. Reason for the trading strategy (technically): Price is testing major resistance at 1.2373 (Fibonacci retracement, Fibonacci extension, descending resistance, swing high resistance) and...
There's a bullish pennant that's ready to complete on the daily. There are some nice bullish confluences: Strong weekly ascending channel 50 EMA is above the 200 and the 50 has been acting as support No bearish divergence on the ultimate oscillator Looks like the monthly pivot is being tested for support I'd like to see a bullish T/K cross with...
EURUSD bounced nicely off its support at 1.2295 (61.8% Fibonacci retracement, horizontal overlap support) where it is now testing its 1st resistance at 1.2341 (50% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could potentially rise to its 2nd resistance at 1.2379 (61.8% Fibonacci extension, horizontal swing high...
EURUSD is testing its descending resistance line and its support at 1.2358 (horizontal overlap support). If it surpasses both the descending resistance line and its 1st resistance at 1.2380 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance), it could potentially rise further to its 2nd or 3rd resistance at 1.2414 (61.8%...
Eur-Usd has failed its return above 1.24 after the rates decision of yesterday by the FOMC, and in doing so, it didn't break the trendline resistance. Now is likely a decline of the currency pair as far as 1.2050 area (about on the support trendline), and, in case of the breakout, in 1.1900 area.
EURUSD hitting resistance and slowing European growth. Very bearish against USD and JPY
22/3/2018 FOMC disappoints market. Early this morning, the FOMC increased interest rates to 1.75% but did not provide a strong indication for 4 rate increases this year. This resulted in the USD losing ground across all major currency pairs. Chair Powell provided a positive but measured press conference. Today, we are likely to see the USD regain some...
Looking for a stronger USD to accompany the FOMC rate decision to increase rates by 25 basis points. This would be a good trade as it is aligned with the trend from the past couple of days. If FOMC statement and press conference portrays optimism regarding the economy and indicates possibility for 4 rate hikes this year, we could see EUR/USD move even lower
There is a potential Gartley pattern on H4 chart. The price is getting close to the Gartley entry point, 127% extension of AB leg. Moreover, there is a structure low at 1.2158, which acts as a support level. I will wait for the market to hit the entry point and then open the buy position to get the nice risk/reward ratio.
The Euro was appreciating steadily against the Greenback on Friday morning. The pair, however, was unable to reach the combined resistance of the 55-, 100– and 200-hour SMAs, as it started falling substantially mid-session. The rate plunged 70 pips within three hours prior to consolidating around 1.2280. As apparent on the chart, the Euro was testing the bottom...