Get started

Eurlong

EUR USD - Interesting setupHello folks , come back to the forex! Today is the first friday of the month , so NFP USA , it would be surely a high volatility day because of this big impact news for the dollar. So my advice is to take position after the news , after the big volatility , but if you have a more aggressive approach , forget what i said! So there is a descending trendline that accompanied the EUR USD falling , now looks like is forming a triangle and this zone might be a good point to go long , with a SL below lows and TP around 1.20700 previous support zone, another reason is the strong falling , looks like need a retracement and this is what we want to take. Don't take that as financial advice and be careful to trade today , it would a high volatility day. Have a nice day!
Long
by maro9392
EUR JPY - Let's wait the breakout! Morning traders ! Today i show you my view about eur jpy . This cross is moving into a rectangle from more than 1 month , the resistance of the rectangle is around 132 zone while 129.5 zone is acting as a support. In 1h timeframe i've spotted an ascending triangle already formed. The breakout of this triangle may be the signal to go long till 133.5 zone , another long signal that may be useful is the breakout of EMA 100 and 200 that till now acted as resistance. That's my analysis , let's wait the breakout. Have a nice day !
Long
by maro9392
1
EURUSD : Euro/dollar trading above key support zoneEURUSD – Euro /dollar trading above key support zone The EURUSD rotated lower late last week following a push higher in the first half of the week. Price bounced off of 1.2160 – 1.2200 key support zone the week before last as this market is oscillating in a large range between 1.2160 – 1.2200 support and resistance up near 1.2540. EURUSD Traders can continue to look EURUSD to buy weakness near the aforementioned support zone on a 4 hour or daily chart buy signal, targeting resistance levels overhead.
Long
by PkTk13
1
EURUSD - Continuing bullish Posted earlier on my telegram - t.me We see a revisit of the previously broken falling trendline / top of bullish pennant. This area also hold fibo confluences and previous structure- and resistance zones. I use this area as a first level to put on another set of buy orders with targets 1.13 and 1.14. We might even see a retest of a previous strong resistance level starting at 1.146. IF we continue down, the next area to put on buy orders for me would be 1.16 and 1.13. Only if we violate 1.11 I see this pair as bearish.
Long
by timmynorin
Long EUR for long term: COT report, trendline break, current A/CTime to get long EUR. Speculators have turned net long Euros for the first time since 2014 - when ECB started aggressively easing, and EURUSD was above 1.30. Technically: A medium term trendline at 1.10 has been broken. 1.10 psychological round number taken out. Fundamentally: Euro area has large current account surplus vs US - should drive flows into Europe now that political situation has calmed. ECB will soon begin to tighten policy, tapering QE. Fair value for EURUSD is 1.30 based on PPP and current account differentials. Current account differentials should drive FX markets in the medium-long term, as the path of monetary policy is becoming more clear.
Long
by Exercise-Discipline
2