Hello Traders, Today we will share with you guys the FX:EURGBP as it seems to show soon further depreciation towards lower trendline around 0.845-0.85. It currently seems that we see more outflow of capital and profit taking from big investors around the current resistance level. As we believe a further appreciation of the GBP before turning south again in...
Algorithm entered long. Chart is self explanatory.
Hello guys, this is not a signal its just my view. To me EURUSD is Long in the Daily Time Frame. Thanks
I haven't posted in a while because I have been working on my algorithms lately and have almost entirely ceased manual trading. From now on, any chart with the blue background is a trade taken by my algorithm. I can't post targets for exiting positions based because the way it exits winning is too complex. The algo opens on average 2 positions per day, so I...
Hello Dear traders & welcome to Growing Forex As you know according to my previous idea the feds were dovish & the price broke above the daily high & is currently trading higher.entry at the breakout of pennant but it has already broken the trend line while writing.possible entries are the resistance as shown in the chart. wait for the completion of the 3rd wave...
Probably we'll have a signal for sell soon. Price and RSI diverge and it's time for searching for an entry level. MACD and DMI confirm up movement and we'll need to wait for their reversal. When we get such signals from indicators, we'll have to place our sell orders below the low of the signal candle. Stop orders must be placed above 1.0750 level. Take-profit...
Just scalping a high probable downward move on FX:EURUSD . Entry: 1.6510 Stop: 1.066 Profit: 1.06250 Any feedbacks are appreciated!
Going through the numbers, I still hold my strongest belief in the dollar in the long term, but EUR have been oversold, comparing to the macro economics, which isn't that bad. In the midterm I look for it to get over 1.08000. But first a short pull back to the 55ema, before continuing upwards.
Broken downside momentum / New ascending uptrend trendline on the daily / Nothing fresh supply levels / LONG BIAS buying the dip
The EURO/USD as of recently has been in a clear ranging market. Inside the barriers of support and resistance we have a bearish bat formation. If the ranging market is to continue we will see a successful pattern here. BAT Ratios B: 0.382-0.5 C: 0.382-0.886 D: 1.618-2.618 XD: 0.886
EUR / USD wave full, is taking the form of the zigzag. (C), the market can resume the wave fall of 3.
EURUSD has rallied to 1.07 on the back of strong USD data and a mildly hawkish Draghi. Fundamentally this should be trading at 1.05 or below. Even if Draghi raises rates, the rate differential between EU and USA will keep rising. Short this baby and add to position if it gets to 1.0750, 1.08.
We are all waiting for the US figures coming out really soon. I have waited on this day all week, because EURUSD has shown a very strong bullish signal - yet I'm waiting to see what result Nonfarm and Unemployment is showing.