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EURUSD-TRADE

Euro vs. Dollar - Short Term Swing Trade - 29 March 2022FX:EURUSD breaks with the confidence downtrend line and pushes the price over 100 pips above the trend line. In the next hours, there is a big chance price to stay choppy and establish a range in the area of 1.1110 - 1.1135, before further pushing upwards. What are the supported thesis for expected and potential 120 pips upwards from current levels: - price made a final capitulation at the beginning of March - there are 5 waves in uptrend from the bottom of 1.0810 - 3 weeks the price makes an accumulation in zone 1.0950 - 1.1050 - breaking a strong 2-month trendline which is a good indication - big change in the price to target the zone of 1.1250 upper sides of the channel If you have any related questions to this trading idea I will be happy to give you the answers.
Long
by TradingTie
EURNZD Buy Update +800 OpportunityUpdate from last week's EURNZD Weekly chart analysis: Trade is up 100 pip from first entry. We now have a strong bull candlestick closed on the daily, another confirmation of upwards movement. Indicators: 1. EURNZD in upward weekly channel, support has held. 2. Stochastic RSI on weekly and daily in buy zone. 3. Strong Bull candlestick closed on daily 07/13/2020. Entry: Wait on retracement on a shorter time frame 2hr or 4hr around 1.7300 area. Next resistance level at 1.7540 for a shorter term TP level. TP 1 and TP 2 remains the same. Good luck trading! Charles V CVFX Management Trading made simple.
Long
by cvfxwealth
EURJPY SHORTHey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏. Analysis of #EURJPY snapshot On the bright side we have a nice bearish flag formed here! Meaning that we shouldbe looking for dowside on this trend! ⚠ Please note the ideas is valid only if it happened as I said above Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌 Check today analysis below Stay safe everyone _____________________________________________________________________________ Before trading our ideas make your own analysis. _____________________________________________________________________________ Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
Short
by SKLAXFX
EURUSD Technical Analysis BreakdownEURUSD is in a great position currently and here's why: -First, it is in a noticable downtrend. -Second, it is respecting the trend line and has a major support level. This is great, in my opinion, because you have specific areas where you know where to enter and get out of trades. For sells you sell at the test of the trend line and put your stop loss about 10-20 pips from that high and have your take profit at the support level, 1.2000. For buys you buy on a bullish candle pattern such as bullish engulfing, morning star, etc. with your stop loss below the resistance zone and take profits just before the test of the trend line. Long term, I am waiting for EU to either: break out of the downtrend and break the trend line, retest it, and enter on that higher low; or for the support to be broken, retested and start dropping away from the level. Not sure when this will happen but could be sometime next week with the downtrend line approaching the support, creating a wedge. If you enjoyed my post be sure to drop a follow and leave a like/comment :)
by DNiceChampion