EURO-USD
💡Don't miss the great sell opportunity in EURUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.19470).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the resumption of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46
Take Profits:
TP1= @ 1.19160
TP2= @ 1.18806
TP3= @ 1.18460
TP4= @ 1.18300
TP5= @ 1.17970
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.19470).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the resumption of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.19160
TP2= @ 1.18806
TP3= @ 1.18460
TP4= @ 1.18300
TP5= @ 1.17970
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EUR/USD:FUNDAMENTAL ANALYSIS + PRICE FIBO ACTION UPDATE|LONG 🔔The French Business Survey for June is predicted at 109. Forex traders can compare this to the French Business Survey for May, reported at 107. The Final Spanish GDP for the first quarter is predicted to decrease 0.5% quarterly and 4.3% annualized. Forex traders can compare this to the Spanish GDP for the fourth quarter, which was flat at 0.0% quarterly, and which decreased 8.9% annualized.
The German IFO Business Climate Index for June is predicted at 100.6. Forex traders can compare this to the German IFO Business Climate Index for May, reported at 99.2. The German IFO Current Assessment Index for June is predicted at 97.8. Forex traders can compare this to the German IFO Current Assessment Index for May, reported at 95.7. The German IFO Expectations Index for June is predicted at 103.9. Forex traders can compare this to the German IFO Expectations Index for May, reported at 102.9.
US Initial Jobless Claims for the week of June 19th are predicted at 380K, and US Continuing Claims for the week of June 12th are predicted at 3,470K. Forex traders can compare this to US Initial Jobless Claims for the week of June 12th, which were reported at 412K, and to US Continuing Claims for the week of June 5th, which were reported at 3,518K.
US Preliminary Durable Goods Orders for May are predicted to increase 2.8% monthly, and Durables Excluding Transportation are predicted to increase 0.8% monthly. Forex traders can compare this to US Durable Goods Orders for April, which decreased 1.3% monthly, and to Durables Excluding Transportation, which increased by 1.0% monthly. Capital Goods Orders Non-Defense Excluding Aircraft for May are predicted to increase 0.6% monthly. Forex traders can compare this to Capital Goods Orders Non-Defense Excluding Aircraft for April, which increased 2.2% monthly.
The final US GDP for the first quarter is predicted to increase by 6.4% annualized. Forex traders can compare this to the fourth-quarter GDP, which increased 4.3% annualized. Final GDP Sales for the first quarter are predicted to increase 9.5% annualized. Forex traders can compare this to fourth-quarter GDP Sales, which increased 9.4% annualized. The final GDP Price Index for the first quarter is predicted to increase by 4.3% annualized. Forex traders can compare this to the fourth quarter GDP Price Index, which increased by 1.9% annualized. The Final Core PCE for the first quarter is predicted to increase by 2.5% annualized. Forex traders can compare this to the fourth quarter Core PCE, which increased 2.5% annualized.
The forecast for the EUR/USD is turning bullish following a correction after this currency pair was unable to extend its advance.
Will bulls gather enough strength to force the EUR/USD into its horizontal resistance area?
EUR/USD:DETAILED PRICE ACTION|HIGH+SMALL TIMEFRAME|LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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EURUSD Bounce!EURUSD found support @ 1.1860. It's likely we'll see this pair rally up to fill the gap (shaven top) @ 1.21188 and possibly test the upper trendline.
In terms of momentum...
Monthly is bullish
Weekly is bearish
Daily is bearish and turning bullish
4 hr is bullish
1 hr is bullish
Happy Trading folks!
Cheers! :)
EU 10% today ! Over 40% on Friday! As Forecasted last week. We knew Eurusd was going to make a new daily low. We could have a bit of pullback at the start of week to hopefully push down and fill the weekly gap slip and IMB. Friday afternoon was a great trading day I entered 3 trades with the three wins. All entries were on the 1min and 15second chart! Today, I made a quick 10% in 20mins. I entered on the 15second chart. I will post below. Consistency is the KEY!!!
EUR/USD:NEW TARGET AFTER THE LAST DROP|DEEP BUY OPPORTUNITIES🔔UOB Group analysts write that EUR/USD may continue falling in the short term so our attention is on 78.2 Fibo retracement like the best deep point where open Long positions.
The 61.8 Fibo can be an alternative entry for aggressive analyst.
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EUR/USD:UPTREND|WAITING FOR BULLISH BREAK|MACD DIV|LONG SETUP 🔔ECB, Rehn: we haven't discussed moving away from PEPP.
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EURUSD - DAY TRADE VIEWEURUSD - As per the parallel channel it's running around a stiff resistance zone and potential likely to drag down further, showing weakness over a daily and weekly candles as well, with the technical chart patterns also indicating a loss of momentum,
Go for short sell here around 1.21800
Potential downside target 1.21300
Maintain stop loss around 1.22600
Follow the levels as mentioned in the chart.
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EURUSD H4 Bullish ViewEURUSD is Breaking its Triple Top at 1.2185.
While Above 1.2185, EURUSD would target 1.2290.
But, Failing Above 1.2185 and break below (1.2100, its Double Bottom) again,
would open the way to retest 1.1990.
EUR/USD:UNSTOPPABLE EURO-BUY LIMIT REVERSAL ABCD PATTERN SETUP🔔UNSTOPPABLE EURO GROWING FAST ! ! ! ! BUY LIMIT SETUP ON ABCD PATTERN
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EUR/USD:PRICE ACTION ANALYSIS H2 TMF - OUR VISION STILL LONG! 🔔Welcome back Traders, Investors, and Community!
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EUR/USD: BULLISH IMPULSE AFTER BEARISH SHARK PATTERN PROFITS 🔔 Welcome back Traders, Investors, and Community!
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AUDUSD is going to be bullish to 0.795AUDUSD is going to be bullish to 0.795.
Break up of the resistance area and it became a support.
Pullback to the support area .
And a third contact to the trend line wish mean high probability of a bullish movement .
the market can go a little lower to be rejected by the trend line than it will goes right to the target 0.795.
UR/USD : PRICE ACTION IN DAILY TMF - PRICE IS GROWING ! 🔔// UPDATE //
Hello Everyone, I hope you'll Appreciate our Advanced Analysis on Price Action !
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Have a Good Take Profits !