It's a long time i am not posting analysis.. but i am back.BUYEUI don't remember last time i posted one of my analysis. It's passed so much time... but i think it's time to get back and share my ideas. So, here you are a fresh signal before the NFP. EURUSD has made a consecutively 4 bear bars on weekly charts. History is clear, usually when EU is too much oversold... pullback is coming hard. Next, we are on important pullback zone. 1.100 is an important price, and looking on H1 tf i can clearly see a MACD divergence, that can anticipate a rally up. I suggest you to wait eu to come back to 1.10100 again before buying, or enter now with small size and buy again later. The target are marked with red lines, also the possible retracement.
What do you think guys? Hope you appreciate :)
I'm back :)
Simo
EURO-USD
EUR/USD Daily - Possible Bullish ReversalTuesdays close on the 1D chart gave us a bullish hammer. Depending on the outcome of Wednesdays daily close we may have a sign for a bullish reversal.
RSI is sitting around 35 which may also give the indication the trend has tired out.
Strategy:
Wait for Wednesday close.
If we close above 1.1025 (the hammers high) then I will be looking for a long position.
If we close below 1.1000 the possibility of bearish continuation is in sight, then I will be opening a short position.
EURUSD ANALYSISThis pair bounce from the top of a descending channel, making a head and shoulders pattern. right now, we got the neck of the pattern converging with a support zone, a .78 FIB level and a 4H timeframe ascending trend line. to go bear i would like to see a close below mentioned converging zone.
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Trade idea on EurUsd(4Hrs)EurUSD on 4hrs is currently on a supports/resistance parameters and therefore pose a great opportunity for either a buy/sell.. So therefore wait for any breakouts i.e if the market breaks 1.11150 its a very safe buy to 1.11600 And if market breaks 1.10700 its a very safe sell to 1.10100 Otherwise stay out at consolidation(ranging) points OR once the trades breaks the light blue rectangular shades, Buy if top is broken, sell if bottom is broken and apply stop loss @opposites ends... Also apply proper risk management and set your buystop/sellstops respectively to the mentioned breakouts mp. Goodluck!! Please comment and share your ideas too on this particular pair. thanks!
Seige WarfareWith a breakout in play on the daily, the formation can advance towards 1.128x and 1.146x extension. The diagram below highlights the attempt shows little defence to transfer the attack on weekly:
Given what we have recognised on the technicals around the principled handicap bears have it makes it possible to construct the Macro chart:
When our opponent possesses a weakening defence it is worthwhile to push into the advance. In this case, after the Macro and Technical diagrams, we must continue to work the buy side with action towards the highlighted targets. As long as we are allowed to continue the grind higher, reassessment is only necessary below 1.110x. The weakness will appear miles in advance if it is the case and we can update the chart as we go.
Here the static weakness of the Dollar can be seen in detail, and in this case bears clearly with the advantage:
Remember when a cross shows static weakness, you should aggressively load against them and not be afraid to double the sizes. Now consider the positioning in the next diagram taken from " Apple in the worm "
Bulls encouraged Bear's hope that he was headed for a momentum break down, which mean exploitation for the macro swing was not all that difficult. Next came:
And now it is important for bulls that the break is tempered into an impulsive swing, the result of which will hold the key to unlocking the targets at 1.128x and 1.146x. Bulls are counting on the strength of the longer term Euro funded currency leg:
The correct march forward for bulls here is over the flank, so 1.197x and 1.125x resistance will be key to track for mid-term swings. On the other side, 1.093x and 1.087x will need to be taken in order to demand reassessment of the core bullish view I have constructed over the past three months. Here the win looks forced:
...Thanks all for keeping the support coming with likes, comments, charts and etc.
EURUSD thoughts and opinionThe bilateral chart pattern is seen in the hourly timeframe. ECB: A strong call for unity was made at the October meeting. Daily ATR is around 42 meaning, for now, price is trading below the average (may have some room for upside). It seems like a break for now from the upper trendline of the bilateral chat pattern has occurred. Price was held by this crucial level from the last day but for now, the bull breaks this wall.
EURUSD: What to expect next week???
EURUSD has retraced from 1.1 support this Thursday
and I believe that bullish tendency will remain at least until 1.108 level.
I have placed an alert on 1.108 and will try to catch a bearish continuation to the support of the range.
Wait for a confirmation on a lower timeframe before entering the trade.
EURUSD before %2.6 potential CRASH Hello everyone,
There is a nice about to formed-2618 pattern on Euro U.S dollar pair before a massive fall once more. Two directional-analysis composed of a short after the long target hit.
Fundamental data will be discussed during the week on my new twitter profile.
This idea is not an investment advice.
Regards,
Zelal
EURUSD - Buy OpportunityPrice is currently sitting around the 1.1000 area in which we can see a lot of liquidity. Price action shows a lot of buyer sentiment. We may see multiple retests on the 1.1000 area but we are leaning towards a bullish bias. The technicals support a long position. However, with uncertainty surrounding the dollar, we will manage our risk carefully. We will take positions from the 1.1000 area and we are targeting a yield of 2.00%.
EURUSDAveiq Capital Management Group
14th November 2019
Price is currently sitting around the 1.1000 area in which we can see a lot of liquidity. Price action shows a lot of buyer sentiment. We may see multiple retests on the 1.1000 area but we are leaning towards a bullish bias. The technicals support a long position. However, with uncertainty surrounding the dollar, we will manage our risk carefully. We will take positions from the 1.1000 area and we are targeting a yield of 2.00%.
EURUSD TO TEST 1.1000EURUSD has recently broken through the daily swing lows 1.1074.
With the recent strength from the USD, we could expect to see the EURUSD price
re-test the support level of 1.1000. At this support, we expect to see a reversal in
the move lower with the price likely to pull back to the breakout lows at 1.1074.
EURUSD Bear going to catch and eat a Bull fish tonight..!!??We already know Brexit deal has somehow affected EURUSD upward bullish momentum which was good enough earlier days before the vote in the UK but not it's not the same as it was in back days. Talking about volatility EURUSD has an average of just 9.4 pip per hour comparing to GBPUSD it has around 26.6pips within an hour which is quite a great amount of volatility rather then EURUSD. Today but it's a special day for European currency as we all know there is rate decision which is yet to see.
On the subject of ECB easing, we’ll actually hear straight from the central bankers themselves later on in the trading session. No actual interest rate changes are expected this time since the ECB already made its move in the September statement. However, today's manufacturing and services PMIs show poor outlook. This could tone down speculations that the ECB is bound to step up its easing efforts anytime soon.
Also keep in mind that this will be the last ECB meeting for Mario Draghi, as he is due to step down from his post and turn over the position to Christine Lagarde. With that, most of the market focus could be on the presser that follows the announcement as Draghi would likely be quizzed on what he is foreseeing for future policy. Aside from that, Draghi might also be asked to share his thoughts on the dissent in the ECB, particularly when it came.
This is only an idea, a fact but not a guarantee trade advice. If you think this idea gonna work somehow then better to check once by self and risk on your own pure judgment and not by just some random post which you read around. Not only mine but others post too. In the end, it's our money and our own decision so must be taken as reference purpose mostly! At end, I will like to say either this idea works fine or not it's not my priority for posting this idea but the aim of this post is to let all my fellow traders know what's coming next!! Be prepared and have safe trading ahead all. If you like this report give a thumps up as your support! ;)