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Eur-usd

EURUSD Still bearish but buy above the Channel Down.The EURUSD pair is emphatically breaking above the 4H MA100 (green trend-line) with the only time it has done so since this July Channel Down started being on August 30. The signal to sell has always been a 4H MACD Bearish Cross, so this is what we will wait for in order to lower the risk. If successful, we will target 1.0400 (-2.33% decline as the previous bearish legs). If however the price crosses above the Channel Down first and the 4H MA200 (orange trend-line) we will buy the break-out and target the 1D MA50 (red trend-line) at 1.0785. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
Weakness in DXY pushes EURUSD higherThe EURUSD approaches the 50% fib retracement level from the longer term and the resistance level of 1.0620 This move has been driven by the weakness of the DXY as markets consider the increased possibility that the Federal Reserve could continue to keep interest rates at the current level. Look for the EURUSD to break above the immediate resistance level and trade higher to the next major resistance at 1.0740, with a possible hesitation at 1.0670
Long
by JinDao_Tai
EURUSD Bullish signal, two targets.EURUSD is trading inside a Bullish Megaphone. Having formed the first Golden Cross (1h) since August 30th, we have a strong bullish case for the short term but at the same time two clear Resistance levels. Trading Plan: 1. Buy on the current market price. 2. If it pulls back after a Resistance (1) test, buy on the MA200 (1h). Targets: 1. 1.06175 (Resistance 1). 2. 1.06650 (MA200 4h and under Resistance 2). Tips: 1. The MACD (1h) has formed a Bullish Cross under the neutral 0 level. Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
4
EURUSD 9/10/23Our final pair for this week Euro USD you can see that we are in again a bullish swing range this swing range was only confirmed after price shifted lower from the market open gap again this holds less probability when it comes to confirming a truly manipulated high within our swing range but as it stands we will look at it as a true breaker structure since this breaker structure we have tapped into our only unmitigated POI and we have seen a bullish move up we have not come up to fill the gap yet, But as we are in a bullish range it makes the fulfilment of this gap even more probable of course we will look towards our Tuesday sessions for our true price movements as today is a bank holiday but we will continue to follow price action to see if we can get some short term moves until this gap and range is fulfilled Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
EURUSD: 4H MA100 rejection driving it back to 1.0450.EURUSD got rejection last Friday on the 4H MA100, which maintains the Lower Highs order inside the Channel Down pattern that has almost completed three months of trading. Naturally, the 1D timeframe is bearish technically (RSI = 40.242, MACD = -0.006, ADX = 32.170) and will remain so for as long as the Channel Down holds. The 4H MA100 provided the rejection on September 20th but on August 30th it broke only to get rejected at the top of the Channel Down. So if a candle closes above it, we expect the top of the Channel Down to be the final sell entry level. In both events, our target is the S1 level (TP = 1.04500). Only a closing over the 4H MA200, reverses the long term bearish sentiment. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
5