formation of bullish trend on hourly timeframe with new higher highs and a higher low. stop loss : previous higher low
RSI indicator showing that EUR is oversold. We see a reversal to max 1.35. For educational purposes only.
Im eyeing to take this euro trade if EUR does a pullback. perhaps during the US news later
EURUSD finally broke the falling wedge and it has 75 percent chance to goes up. So, the risk reward is logical to enter to this position.
Multi-year breakout seen here. If you look up closer in the 2-4 hour charts you can see what looks like a flat consolidation forming with a 3-3-5 structure. From what I can tell that flat is complete and we are now continuing our push to the upside. This breakout supports the notion that we will experience a blow-off top in the equity markets caused by a...
this level is very very heavy to short. because 200 days support line, .618% fibo expansion, 1.618% fibo extension , scallop after breakout and wedge bottom after strong breakout and bad follow through.
EURUSD (long-term) €vs$ There’s a downward double zigzag, which is supposed to be wave (2). Previously, we have a massive advance in wave (1). In this case, we might be at the early stages of wave (3) of ((C)), as shown on the weekly chart above.
EURUSD will continue its uptrend. A wonderful pattern has occurred in 4H 🤑🤑
Just follow the trend, buy from the support. making it simple for you guys.
Here is an update on EURAUD setup. We can expect EURAUD to continue its bull impulse for completion of wave 3. Please see initial forecasts in link below. Good luck trading.
Price formed a wedge and approached the uptrend level. Expect a bounce-up from this location. In case when the price will continue to go down I expect a rebound from the support level of 1.61. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates -...
Hello everyone, Here is my thought about EURGBP. At the moment we are talking, price is at the support right now. The down trend is still strong, however, buy the support sell the resistance. Here is what I think could happen in up coming days. Price could bounce from this support. Profit target should be Fibonacci level from the top to bottom. Also, there will...
EUR = strengthening CHF = weakening GDP diff = short Exports Analysis = Long IR% Diff = long Stock Index = Long EUR OI Hedge Funds = Long CHF OI Hedge Funds = Long TA = Long Majority = Long The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include...
Descending wedge on EURUSD - THE EU Council have drafted a policy paper to reduce dependence and vulnerability to the USD, and plan to increase use of the EUR in financial markets. This is EURUSD Bullish!
Hi friends. Today Forex and EURUSD chart. We have long downward tendention that stop now. And its stopped by purchases under 1.2145 what showing modified "Earned" script. Levels thanks to X-Lines script. Follow me.
Euro is looking strong and it given break out in monthly chart at 1.19362. Minimum first target is 1.38676 and if it's break 1.16476 exit the trade.