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EURO-USD

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! ;)
Short
by Anatta0
4
EURUSD: What to expect next week??? hey traders, On EURUSD we see a pullback after the market has set a new lower low lower close based on 1.09 level. The market is currently trading within a classic correction pattern called bearish flag . When we see a flag formation, we always pay close attention to a price action inside the flag. Very often, as soon as the market reaches a strong horizontal structure level, the market leaves as clear clues. During Thursday and Friday, the market has formed a classic double top pattern with a set of rejections and bearish engulfing candle in conjunction with rsi divergence. The last thing that we are looking for is the bearish violation of minor support beneath the tops. This violation will match with the violation of a bearish flag support line. Then we can short the pair expecting bearish continuation to retest the market low. Our target levels will be 1.094 and 1.09 *if you like this idea, please, like it and leave a comment! thank you :)
Short
by VasilyTrader
1
EURUSD 19/09/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :) BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA. If u have any questions feel free to ask:) GOD BLESS U ALL!
Long
by Snipers-Academy
EURUSD | Strong Support Area!Hi, EURUSD has started to approach an important area. The strongest support level just below the current price. If you are already on the "Short" side then this could be the area where you want to take out your profits but if you consider short-term buying EURUSD then there could be your chance. Why this is an important area? Because: 1. There is a historical trendline since 2017 November. It has worked three times as support and probably the fourth touch is not an exception. The following criteria make this area even stronger. 2. There are two Fibonacci Extension 127% levels 3. There are two AB=CD patterns. Both patterns D point is exactly inside the blue box. 4. There is the round number 1.1000 5. The blue short-term minor trendline "runs" through the marked bounce area which should work as a support. 6. Wait for a bullish candlestick pattern on the 4H timeframe from the marked blue box. 7. Since 2018 August, we have also RSI DIvergence on the Weekly. It is just a little confirmation/sign. Markets are a bit risky but the area is capable to produce some short-term bounce. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Best regards, Vaido
Long
by VaidoVeek
3
EURUSD 1.1050 in focusThe euro has seen a pick-up in selling against the greenback, as traders continue to sell any moves above the 1.1100 resistance level. If weakness persists we are likely to see the former weekly low come into focus, with the 1.1020 level the foremost weekly support zone below. Buyers need to move price above the 1.1130 level, although bullish sentiment currently appears fairly weak. If the EURUSD pair trades below the 1.1110 level, sellers may test towards the 1.1050 and 1.1020 levels. If the EURUSD pair trades above the 1.1110 level, bulls may test towards the 1.1130 and 1.1160 levels.
by OctaFX_Official
EURUSD H4Price has made a false breakout to the downside of the consolidation box on Friday. Price then went down to test the long term trendline where then a bullish reaction took place after trapping sellers. A powerful move up from there making a bullish engulfing to break through resistance (61.8 fibonacci retracement), along with the box region to the upside. Will be watching for a pullback towards previous resistance (blue zone) to test as new support for then a further push higher. Updating my public analysis via telegram, to follow live updates throughout the week feel free to join my free channel :) t.me
by Profound_Ambition
2