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Eurusdbreakout

EURUSD possible scenario !!1.12 resistance level, we expect a retest around that level before this pair goes further down ! we can wait until further confirmation as French flash GDP , German gfk and import price report ahead tomorrow earlier in the morning GMT. NOTE: Do not get emotionally attached to any of your trades. keep consistency , small percentage of profits every day, month or weekly is better and will make you fortune than you greed and loose all your capital. bless !!
Short
by Shourov_kk
1
EUR/USD Technical Analysis: Short time pullback 12900 The short-term picture favors another leg lower, as, in the 4 hours chart, the pair remains below all of its moving averages and with the 20 SMA extending its decline below the larger ones, also converging with a Fibonacci retracement, the 61.8% of the latest bullish run at 1.1235. Technical indicators in the mentioned chart have spent the first half of the day consolidating within negative levels, now turning marginally lower, signaling increasing selling interest. Support levels: 1.1175 1.1130 1.1085 Resistance levels: 1.1240 1.1280 1.1320 *** EURUSD take a Buy position 1.1110 level and take profit 1.1290 level. Fundamental Overview: ===================== The EUR/USD pair consolidates around 1.1200 ahead of Wall Street's opening, trading with a heavy tone amid persistent dollar's strength and a disappointing German IFO survey, which showed that the business climate kept contracting this month, according to preliminary estimates. The index declined to 99.2 from the previous 99.6, also missing the market's expectations of 99.9. Expectations and the Current Assessment both decline more than anticipated. The greenback remains strong despite getting little help from equities market's which trade mixed in Europe. Hopes are on more upbeat earnings reporting pushing Wall Street to record highs.
Short
by Saleh11
EURUSD Forex major cross pair forecast, shorts at supply levelsEURUSD Forex major cross pair forecast and supply and demand technical analysis tell us the only way to trade EURUSD major cross pair is selling at new supply levels created. EURUSD has been trying to break lower and it did this week dropping strongly created a nice daily supply level where shorts will be possible if there is a retracement. Else shorts at new supply levels if price continues to drop. There have been three supply imbalances created on EURUSD Forex cross pair lately, price retraced to one of them around 1.3000, two more supply zones have been created lower around 1.1280 and 1.1238. There is a lot of room for EURUSD Forex major to keep on dropping on the way to monthly demand level much lower. As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.
Short
by AlfonsoMoreno
EURUSD long term +450 pips potential - EQUIY.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 weekly buy zone. If you zoom in on the daily chart you can see we are now also in a strong buy institutional orderzone that’s been filled right now. It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a nicely “w formation”. For take profit levels and stoplos check our telegram group: t.me NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group: What can you expect from us in the telegram group? -A watchlist video. This will be uploaded every Monday in the morning. -Trade setups. We only share high probability trade setups. -At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group. - Mini lessons about our strategy and mindset Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me So, we hope you will enjoy this whole idea and that we will grow together! Team Equiy.
Long
by EQUIYtrading
Bullish mood at EURUSDFX:EURUSD Hello Tarders, In my previous post, I supposed that 13 months long correction finished and new EWA cycle has started at EURUSD and today chart confirmed my idea again with unbelievable daily and weekly bullish candle, which confirm that we gonna go to bullish trend :) Chart finished to develope 1 and 2 waves of new Intermediate cycle inside 1 wave of Primary cycle and from 3 April 3 wave of Intermediate cycle started to develope itself on the chart and I expect that it will grow till 1.16000 - 1.17000, somewhere in those area 1 wave of intermediate cycle was developing from 8 March till 20 March (13 days Fibo), 2 wave of Intermediate cycle was developing from 21 March till 2 April (13 days Fibo), so I expected that 3 wave of Intemediate cycle will be developing from 21 to 34 days and chart will reach target 1.16000 - 1.17000 till 6 May maximum, cause it has started on 3 April 2 wave of Intermediate cycle got a really sharp and deep structure it almost finished my calculation, but it didn't penetrate begining of 1 wave, so caculation still correct and we can conclude that in according with principle of alternation inside EWA cycles 4 wave of Intermadiate cycle will get horizontal form and won't go down lower than 1.15000 Also today the chart did the break out of previous bearish trend line that confirm bullish mood of the market This is historical trend reversal in trading, cause US dollar gonna fall down really hard while next year and this falling just started now :) Also this is so symbolic that 1 and 2 waves of Cycle were developing 13 months each and 1 and 2 waves of Intermediate cycle inside 3 wave of Cycle were developing 13 days each Wish good profits to everyone !
Long
by Yaro7lav
EURUSD Reversal - Possible Buy Trade (Macro Analysis)EURUSD have been quite choppier over the past couple of weeks, price action have been trading in a narrow range. Looking at the USD currency Index, there is a head & shoulder pattern setting up, which is in line with EURUSD macro view. Overall momentum on higher time frames is developing on this market. I am looking for a double bottom around 1.1280 area to execute long position. Thank you for your support. Trade safe and Good luck with this idea.
Long
by UmarAbdurRehman
1
EURUSD: BULLISH TP: Swing to 1.172 - 350 Pips #Forex #FxProNowEURUSD: BULLISH TP: Swing to 1.172 - 350 Pips #Forex #FxProNow We see price is still at this level of support on the Higher TF - Weekly There is no signs of breaking it... Price has pushed a little further down, closer to the real level of support. I am looking for this support to stay held and for price to push up at the least to 1.172 I found this by going to the Weekly and finding where should price get to, at the least? 38.2% - 1.172 My Fibs was placed from Point A being @ 1.24 and Point B being @ 1.13 our pending Point C is 1.172. This is a swing trade. Different from most trades that I take. This may take a good amount of time to get to our TP but clean 350 Pips is worth it.
Long
by FxProNow