EURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line . If we look at the EURUSD chart from the point of view of Classic Technical Analysis , we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern . After breaking the neckline, I expect EURUSD to rise to at least the Resistance...
my idea about eur/nzd...if price stays above channel the idea is invalid
According to the previous day's forecast, the second scenario begins. My suggestion to enter the trade is after the Pull-back at the entry point. Dear friends: Please write your suggestions and comments. I'll be glad If you write any forex currencies pair, cryptocurrency and stocks in the comments for analysis so that I can publish that ;)
hello best entry is when it breaks the yellow support, but if you miss it you can entry in break down of 0.5 fibo level targets and stops are retraced on my chart good luck
#EURUSD After the start of movement on Monday, the price continues to fall from the resistance of 1.213. I expect the fall to continue. 1 - resistance line of February 2020 2 - recent breakdown of the 1.198 support line. 3 - rebound from resistance 1.213 and working out correction (an essential element of almost any movement). The target is 1.186. 🔔 11 / 13 last...
Based on the chart outlook, We were able to count a complete double zig zag Elliot wave corrective structure on EURAUD, this suggests that an impulse wave will resume in the bullish direction so far the confirmation level is attained.
Currently we expect the last bearish leg to form before we finally open our buy position to continue riding the bullish trend. Goodluck
Euro has a big potential to go up DISCLAIMER : This content can change at any moment
I don't recommand buying euro in short period . We are protected with a strong resistance . The Euro has potential to go down in 15 minute period Leave a like if you enjoyed the idea .
Pattern: Testing the 1D MA200 within the long term Channel Down. Signal: Bearish as long as the 1D MA200 doesn't break. Target: 1.0700. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent EURUSD signal:
Pattern: Channel Down on 4H. Signal: Bearish as the price is close to the Lower High trend line of the pattern. The trend is bearish as long as the 4H MA50 is intact. If crossed, expect a test of the 4H MA200. Target: 1.08050 (the inner Lower Low trend line). My long term view and target on EURUSD: ** Please support this idea with your likes and comments,...
Wait for Eurostoxx50 break out from the triangle. Above there is a good selling zone to trade around 3250 area, where we can short to 2900. Beyond the triangle, we have to wait for the retest of the trendline and short to 2600
Pattern: Channel Up on 1W. Signal: Bearish as the price has been rejected on the Higher High trend line. Target: 1.7000 (projected contact with the 1W MA200, which has been supporting since 2017).
Pattern: Multi year Channel Down Signal: Bearish as the price is on the 2nd straight red 1D candle, having been rejected within the Lower High (Sell Zone) of the Channel Down. Target: 1.0835 (0.618 Fibonacci retracement) and 1.07150 (just above the Buy Zone).
Here is a midterm plan for the EUR/AUD. If you want, you can place another target about 1.62 level however when it comes to midterm plans, EUR/AUD is likely to cross 1.62. Follow to hear more. Entry: 1.604 Stop-Loss: 1.596 Target: 1.633 Have a nice week!
Pattern: 1H Head and Shoulders. Signal: Bearish as the price is testing the neckline's Resistance with pressure from the 1H MA50. Target: 1.11055 (potential contact with the MA200) and 1.10750 (1H Support).
Pattern: 1M Descending Triangle. Signal: Bullish as the price is consolidating near the 1M Support while making a bullish divergence on the 1D RSI. Target: 25.8000 (below the symmetrical Resistances).
Pattern: 1D Rectangle. Signal: Bullish as the price is near the 1W Support. Target: 73.500 (below the 1W Resistance).