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Eurusdbreakout

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
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... 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
EU Breakout situationEURUSD price has arrived to the 1.141 support zone. This support is an important zone. Breakout situation forming, because the price make double top again, with lower high like January 10-11th, and the price respecting the 20 day MA. If the price break the 1.141 support zone with an impulsive wave open short. The price can bounce from this zone(look at RSI:oversold(28%)) and we stay in the 1.151-1.141 consolidation zone. Important news: -EURO PMI: 10:00(GMT+1) -Last:51.2 -Forecast: 50.8 -USA PMI: 15:45(GMT+1) -Last: 54.4 -Forecast: 54.2
by LszlRakonczai