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Euro-dollar

RLinda ! EURUSD-> A breakthrough opens the target at 1.1100EURUSD looks very confident to rise in the medium term. Buyers are breaking through a key resistance pattern. What to expect next? The price is trying to break out of the price channel again. The formation of the Triangle pattern causes the limit resistance level to be broken. The price exits into the long zone. The final fixation of the price above 1.0870 will lead to the formation of a strong impulse. Opens the potential for growth towards 1.11000 I expect the price to consolidate above 1.08700 and above the upward channel resistance. Consolidation is a good signal to buy. Short-term target 1.0938, medium-term target 1.10500 Regards to R. Linda!
Long
by RLinda
16
EURUSD resistance broken or bull trap!!! updateHello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said has the potential to reach the target and this happened. For now you have to be very very careful and even consider a bull trap. If and only If the resistance base is broken and price stabilizes above that, you can enter buy position, otherwise it will be a bull trap . If you have entered a sell position from the desired point, manage it. and the safe sell point is after breaking 1.07 and retesting. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Short
by ArashBanakar
1
💶💵 EUR/USD Anticipating A Waterfall 💶💵💶💵 EUR/USD Anticipating A Waterfall 💶💵 Nearest strong support zone: around the 0.236 fibo level of the upward wave. 💶💵 Nearest strong resistance zone: around recent local peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: 50/50 - RSI: Downtrend (divergence) 💶💵 Price Action: EUR/USD After yesterday's attempt to attack local peaks was very quickly thrown off during readings from the US economy which appeared to confirm pessimistic forecasts which contributed to the strengthening of the US dollar. In my opinion, this is the beginning of a new dominant trend in the market. It looks like the next weeks will bring us a weakening of the euro against the US dollar, and this is the scenario I am counting on. 💶💵 The scenario I am playing out is a continuation of declines to the vicinity of the first support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
2
RLinda ! EURUSD-> Resistance Retest. Waiting for a breakthrough EURUSD continues to consolidate in the range of 1.08669 - 1.07573, the support zone was tested, after which the price again headed for the retest of the limit resistance The trend remains dominated by the buyers, a fairly confident position on the chart can be interpreted as a possible continuation of growth. The price is in consolidation, but at the same time there are attempts to break 1.08669, I think that in the near future, under the pressure of dynamic buyers and the strong trend, the bulls will break the resistance I expect breakdown of 1.08669 and impulse formation. The short-term target is 1.0938, the medium-term target is 1.10500. Regards R.Linda!
Long
by RLinda
17
💶💵 EUR/USD Declines As I Wrote 💶💵💶💵 EUR/USD Declines As I Wrote 💶💵 Nearest strong support zone: around the fibo level of the 0.236 rising wave. 💶💵 Nearest strong resistance zone: around local peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Downtrend - RSI: Downtrend 💶💵 Price action: EUR/USD is again attacking the south direction exactly as I wrote in the last post, the whole slide took place at the beginning of the American session. After such a strong downward slide, we can expect a breakout from the accumulation and perhaps a retest of the entire formation before continuing the decline. All indications are that the Dollar will strengthen over the coming weeks exactly as I wrote in recent posts. 💶💵 The scenario I'm playing out is to wait for a test of the accumulation and join the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
💶💵 EUR/USD Will We Break Out Bottom? 💶💵💶💵 EUR/USD Will We Break Out Bottom? 💶💵 Nearest strong support zone: around the 0.236 level of the upward wave. 💶💵 Nearest strong resistance zone: area of recent peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Downtrend (divergence). 💶💵 Price action: EUR/USD rallied today exactly as I expected, it looks like the scenario I wrote about last time is likely to come true. I don't see any strength in the current place for the continuation of the increases, looking at the long-term perspective we can expect a sharp descent of the price at any time. 💶💵 The scenario I'm playing out is a continuation of declines to the vicinity of the first support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
1
💶💵 EUR/USD Next Week = No Increases 💶💵💶💵 EUR/USD Next Week = No Increases 💶💵 Nearest strong support zone: level of 0.236 pattern wave. 💶💵 Nearest strong resistance zone: around recent peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Downtrend (divergence) 💶💵 Price action: EUR/USD during Friday's session did not want to continue rising despite the lack of dollar strength which I believe is yet to come in the coming week. Despite these facts, we were going around in circles. From around the current levels I would sooner look for the possibility of a correction than a continuation of the uptrend. But first we need some kind of accumulation at current levels and several attempts to attack the recent peaks and local Friday lows. Everything will turn out in the coming week, worth watching! 💶💵 The scenario I'm playing is to wait for the end of the accumulation in order to join the likely downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
6
RLinda ! EURUSD-> Breaking resistance can accelerate growth EURUSD is breaking through amid weakening indices after the release of inflation data. The currency pair breaks resistance and points us to a possible acceleration in growth The price moves into the long zone after exiting the price channel upwards. The potential for growth towards 1.1000 and 1.11700 is opening up. At the moment the price is between the ascending support line (resistance of the previously broken channel) and the limit level 1.08670. The bulls are very confident and in the nearest future might break the resistance. I expect the growth continuation provided that the consolidation will continue in this range and in the near future the buyers will break through the resistance. Short term target is the liquidity area at 1.0938, medium term target is resistance at 1.10500. Regards R.Linda!
Long
by RLinda
10
💶💵 EUR/USD Correction Time 💶💵💶💵 EUR/USD Correction time 💶💵 💶💵 Nearest strong support zone: around the 0.236 level of the entire upward wave. 💶💵 Nearest strong resistance zone: around the recent maxima. 💶💵 Technical environment: - Moving averages: Uptrened - MACD: Uptrend - RSI: Uptrend - Supertrend: Uptrend 💶💵 Price action: EUR/USD Maintains its upward momentum reaching the 1.083 area today from where I expect a downward correction to be realized. Looking at the importance of the 1.08 level in the past, it doesn't look like EUR/USD can handle it the first time. I expect the execution of a larger correction from the current levels. It doesn't look like there will be any more buyers at the current levels. 💶💵 The scenario I'm playing out is the start of a larger downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
6
EUR/USD in a lovely rangeThe algorithm has found an interesting pattern in EUR/USD. Red in chart After the break of the previous channel the price has corrected a 61,8%, the fibo level but this is also the previous zone of supports and resistances. If that's not enough, it's also the last level with accumulated volume, if we move to 1,08 the volume disappears which would be the perfect storm for a rally until the zone of 1,12 where we should expect offer again. Green in chart To see the rally to 1,12, a fast break of 1,08 must occur. So having enyrty postitions over 1,08 could be an interesting strategy with a good risk reward ratio. Blue in chart The model predicted this area as a key level to stop rallying due to multiple reasons: 1. Prior supports and resistances. 2. High volume accumulation, meaning that offer is probably waiting here. 3. 61,8% fibo level. 4. High band of the new uptrend channel. After this lateral market started dec 15, the break could firstly occur in the downside, breaking the support of 1,06. If this occurs a small double top pattern would be confirmed and we should see the price to 1,04 soon. This level would be key to see if we are still in a lateral correction of this uptrend.
by TopChartPatterns
💶💵 EUR/USD Chance for Continuation of Increases? 💶💵💶💵 EUR/USD Chance for Continuation of Increases? 💶💵 Nearest strong support zone: around the last correction bottom. 💶💵 Nearest strong resistance zone: outer fibo level 1.272 of the last downward correction. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Downtrend - RSI: Uptrend - Supertrend: Uptrend 💶💵 Price action: EUR/USD Still struggling to maintain gains. Friday's session brought us a strong rebound and a return to the uptrend. The candle at over 1.5% really stands out from the rest, we are currently at 0.618 fibo level of the wave from peak to bottom. At the current moment, there is a good chance to continue the uptrend from current levels. I recommend watching the resistance zones marked on the chart. 💶💵 The scenario I'm playing out is a continuation of the uptrend but with some caution about the ranges, I'll be watching closely the resistance zones that lie ahead. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
4
💶💵 EUR/USD Continuation of Declines 💶💵💶💵 EUR/USD Continuation of Declines 💶💵 Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak. 💶💵 Nearest strong resistance zone: around recent highs. 💶💵 Technical environment: - Moving averages: 50/50 - MACD: Downward trend - RSI: Downward trend 💶💵 Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation. 💶💵 The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
13
💶💵EUR/USD First Increases Then Decreases💶💵💶💵EUR/USD First Increases Then Decreases 💶💵EUR/USD finally flew down beautifully, exactly as I've been writing for the past week. 💶💵It looks like this is just the beginning of the declines. 💶💵But after such a strong downward impulse, we should make a small upward correction at least to the vicinity of 1.06 where I have set a local resistance zone. 💶💵The target support zone so far is around the 0.236 level of the entire upward wave. But I do not rule out a deeper correction if the technical environment confirms such a scenario. 💶💵The scenario I am playing out is the continuation of declines after the execution of an upward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
4
💶💵EUR/USD Problems With Increases💶💵💶💵EUR/USD Problems With Increases. 💶💵As I wrote in the last post, EUR/USD has had problems with increases for the last month: 💶💵Every attempt at increases ends with the start of a small downward correction which returns to increases during the next sessions. 💶💵Looking at EUR/USD I don't see much potential for increases there. The price is being pulled out on a wave of positive sentiment. 💶💵But at any moment we can expect the start of a real downward correction. 💶💵Looking at the technical environment, I don't see any decisiveness there about any of the directions. 💶💵I am still waiting for a firm decision on the direction. 💶💵The scenario I am playing out is to wait for the start of a strong downward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
7
💶💵EUR/USD Lack Of decisiveness💶💵💶💵EUR/USD Lack Of decisiveness 💶💵This lack of volatility on EUR/USD is quite tedious. 💶💵We again attacked the resistance zone where the level of 0.618 of the entire last downward wave is located. 💶💵Looking at the current situation, we may have to wait a little longer for declines. 💶💵But I believe that sooner or later we will pass the correction I mentioned. 💶💵We can expect a big move at any time. 💶💵The current technical environment is 50/50 💶💵The scenario I'm playing out is to wait for some bigger move. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
3
💶💵EUR/USD In Anticipation Of Declines💶💵💶💵EUR/USD In Anticipation Of Declines 💶💵EUR/USD Another day tried to attack the increases which again ended with a very quick reaction of the selling side. 💶💵Everyone is waiting for the end of this accumulation. 💶💵Looking at the behavior of price action and the technical environment, I have no doubts about the validity of my perspective. 💶💵My scenario remains unchanged. 💶💵The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
3
💶💵EUR/USD Bounces Off Resistance Zone💶💵💶💵EUR/USD Bounces Off Resistance Zone. 💶💵Today's start of the European session brought an attack on the resistance zone, followed by a sharp sell-off. 💶💵In my opinion, the potential for a downward correction from current levels is only increasing. 💶💵It looks like we will see a gradual weakening of the Euro over the next days/weeks. 💶💵The scenario I'm playing out remains unchanged, I'm still waiting for declines near the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💵Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
7