EURO-USD
EURUSD Analysis 6/18/2019EURUSD has been in this falling wedge for months on end and we finally had a breakout three weeks ago. It broke and hooked back down to old resistance to retest that zone and it needs to form new support against that trendline. On the 4hr chart a bullish cypher formed indicating a buy. On Wednesday 6/19/2019 we have FOMC news (Federal Reserve) to discuss monetary policy and it can either send USD flying or can kill it. Also divergence noted on RSI. Just food for thought....
EurUsd Buyers Market and Possible Entry.Hello,
As we saw last week how EU got out of that BOS(Break Of Structure) now we look for future entries and places of interest for this pair.
I'm going to be waiting for a 61% retracement but at the end, I'm going to be looking for support and resistance/BOS on smaller time frames to the upside once it reaches my fibs and a oversellers marker on my stoch.
hope this helps for some people that have the same or even different analyst of the chart.
Please feel free to reach out to me if you have any questions.
Thank you.
EUR/USD LONG HOPEFULI think when markets open eurusd will drop down to 1.12600 area then will go up to start my long position however if it breaks my zone it could jump back in the downtrend meaning its high was just a NFP spike. If it keeps going down I will hold off because it could be a sell and if it does drop further I will place a sell expecting it to continue down a make a lower low. LETS SEE WHAT HAPPENS
EURUSD trend still longCould be a big move some time soon with Fiber needing to cover much ground in light of USD weakness.
FX 5 June EURUSD
Recommendation:
Buy at / above: 1.1273 Targets: 1.1300 --- 1.1333 --- 1.1366 --- 1.1398
Stoploss : 1.1240
Sell at / below: 1.1240 Targets: 1.1213 --- 1.1180 --- 1.1148 --- 1.1115
Stoploss : 1.1273
EURUSD SHORTMultiple confluences are always needed for me to make a trade, one confluence here is by identifying the liquidity zones (highlighted in blue ) allows me to see where the market is more frequently attached too,another confluence is that the 23% is a trend continuation so from the vision i can see i am riding this one down closing off partials along the way.
being on the right side of the market is crucial in every way, using multiple confluences is a great way give you a stronger decision.
Slow day today because of bank holidays and of course monday, lets play it safe and let the market come to us.
As we know
Every day is Money Day
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EURUSD, going for a swinging shortIf that huge wick/spike to the downside does not make you believe that EURUSD is about to tank, then look at the overall trend. It is in a downtrend channel and the spike retested a major resistance. One does not need much to see that EURUSD is setting up nicely for a short. The tp will be where the bottom trendline of the channel.
EURUSD LONG NOW!Dear traders,
So as you can see we expect EURUSD to go long. We think it will go long because the markt is now in a strong daily demand zone. If you look at the chart you will see it is in an uptrend, the uptrend only created demand zones, It will go up to the grey area of supply.
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