Starting a long one?After a collection of weekly pinbars,we have a resistance break -1- and now a retest-2-.It will break the channel -3- and start the bullish move this week?
EURO-USD
EURUSD Still LONG on 1h Chart, Trump Presidency in Late JanuaryTrump backed USD is expected to be strong, and EURUSD pointing towards parity in the long run. Not yet, though. At least in the short term. There is still time until Trump officially walks into the White House.
Previous structure, Fibonacci (long term as well, grey line) and MAs could create a good long in the short term, until 1.07500 !!
EURUSD @ best major cross-rate (of 21 pairs) last 52nd week `16Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
7 Currencies (52th Week Statistics) @ drive.google.com
Best regards
Aaron
EURO/USD - Watch The Breakout - Final Days Of 2016 PipsHi Traders,
We continue to monitor EURO/USD for a breakout. As you can see price has not been able to settle above the key resistance line (Blue) however price has advanced in an upward direction finding support on the lower trend line (green).
We feel a catalyst is required for price to breakout and we have 3 opportunities this week for price to breakout.
Today we have US Consumer Confidence which is expected to be bullish.
Tomorrow we have US Unemployment Claims which are expected to be bearish.
Our view is that technically price is in a bearish trend and thus we feel more inclined to sell the Euro than to but it. With that said we cannot rule out a larger correction spurred by negative US economic news.
Our advice is to set alerts on the Resistance line and Support line and to take your trading direction on price breaking out of either of these lines.
You could also trade the range with small stop orders on either line a sell on the resistance line and a buy on the trend line. We'd risk 10-20 points at most for this style of trading.
We wish you luck traders and hope you can close the year with a decent amount of points on a breakout.
Trade brave.
EUR/USD Short. Looking for a continuation down.The US Dollar spiked strongly upon the announcement for the Federal Reserve to raise interest rates (earlier today). This could be a Leg 1 = Leg 2 bear extension. Throwing up 15 minute chart for fun. Let me know if you like the 15 minute charts by liking this one. Thanks!
EURUSD bullish after completing three drives. According to my analysis , I see this pair preparing for a long-term uptrend after finishing the down trend with three drives. Please comment if you disagree , and like if you agree. Thank you & Goodluck!.
Eur/Usd Up then BIG down will come Same scenario as Gold will happen to Eur/Usd too, it will go up till that trendline, then Boooom down to HELL :D
My Tp's for longterm are those:
Tp1: 1.10500
Tp2: 1.09650
BeratTp: 1.0810
Thanks me later ;)
EUR / USD near the resistance at 1.11300EUR/USD returned at 1.1100 to 1.1130 area.
This area is crucial for the negotiation of the currency pair on mid term.
Probably the data regarding US monetary policy will bring clarity on the movements of EUR / USD, which could see a negative test, or an appreciation of the quote.
Will EUR/USD Be Affected By US Election? What are your thoughts and opinions/ideas?
Will the U.S. election drastically effect the EUR/USD? Two weeks until Election Day in America and market speculators are spreading the good word. Feel free to explain with the other side of your brain. How will the Retail Trader react? What are you and I going to do to avoid their mistake? Stop-Losses are hit when the stampede arrives, so let's connect minds.
#GSA (Gold-Snipers Academy)
- MaalikWats
EURUSD ShortWe have been in short in the EURUSD for past few weeks. We believe the bears will stay in control and price will eventually reach the next level support of 1.0820 level.
4 Different Ideas1. Head&Shoulders Pattern
2. ABCD Pattern
3. 3 Drivers Pattern
4. Long Time Head&Shoulders Pattern
Correction BuySo like said in my last idea we will get out of 1188 sell at 1078 but the chances to break it and reach a new low are higher in the USA session and that what exactly happened price made a new low at 1048
from there selling started to get weaker forming a new bottom a long correction could be forming this moment..No divergence on macd or RSI 4H 1H so targets will be 1087 : 1025....
Correction BUY at 1050
sl 1039
TP1 1048
Tp2 1025
EURO vs U.S DOLLAR Simple Outlook
the pair made a new lower low yesterday at 1.1103 then started to rebound massively making a new higher high @1.1204 and higher low @1.1146 which gave our new up trend more power that needed to break the always strong resistant 1.1200 and close above it next week..
Also it could try to make a small correction after hitting the simple MA 200 at 1200 the correction may reach 1.1180 but breaking there will lead the price to 1.1160 before going long again reaching our waited target at 1.1230:1.1246
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