EURUSD Possible ECB tradeEURUSD have been trading with in multi days bearish channel, so far it is testing the short term support with a compression underway, i am expecting the market to re-visit its prior lows and even lower to 1.1238., We have ECB rates decision today so likely this event can push the market. Watch out this market and Good luck trading.
Eurusdbreakout
EURUSD D1 Analysis . All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
EURUSD X-FactorEURUSD
the X-Factor: this is something i have noticed on certain charts. The X happens when a wedge forms before the final drop. i then watch as the reversal hits the extended trend lines. if it hits certain markers then i trade. if not then its null.
sell then look for a buy :)
like, follow and comment ;)
EURUSD and invisible power behind price changesHi
Swing Analysis according to G.W.T. are the best in predicting next swing direction. Price by its self will show us where need to go. Going from Daily trough H4 down to one-hour chart you can very easy see how clear and simple is to predict direction of the next swing and trend direction.
Also pay attention to Momentum – power behind price movements.
No momentum no price change.
Daily Chart:
H4 chart:
Cheers,
Jim
EUR/USD - Still ShortEUR/USD is still short on the long term as it's still under important ema's as we can see on the 4 hour timeframe. We can expect it to fall further below and continue its bearish trend.
It hasn't yet found a strong support for it to reverse back up. As long as the broken ema's (200 and 50) keep acting as resistence, this move is active.
First TP: 1.1455
Second TP: 1.1410
Make sure to leave a like if you agree if this move! Your support is appreciated.
Trade safe.
EUR/USD - 100+ Pips Opportunity - ShortEUR/USD has broken down the 20 ema and 50 ema for the first time since the bullish trend on the 4h chart. Meaning that the trend is weakening and shifting of direction.
We have a valid continuation pattern further below if the 50 ema on the 4h chart holds as resistence.
As soon as the 1.16 level is broken, EUR/USD will continue its bearish trend.
One could enter this position by placing a pending order right below 1.16 say at 15.87.
First TP is at 1.1505
Second TP is at 1.1405
Trade safe!
EURUSD Big Trade setting upTaking a look at EURUSD Daily chart pennant pattern, i was expecting in my last analysis for the EURUSD to break the trend line but as always we have to listen to the market. But bottom line is this pattern is compressing, so we have to be patient which way it is going to be breaking out ultimately. If it breaks to the downside that means USD is going to get more strength, so lets see if it breaks the June lows and this is going to govern how other markets are going to be like Silver, Gold and certainly other currencies with respect to USD. To be honest, personally my view is bearish. But anyway, keep an eye on this market.
Trade Safe!
EUR/USD - 500 Pips+ Opportunity - Bearish ContinuationEUR/USD broke over the 50 on the weekly chart. If that ema stays its resistance and prices fail to find a support and reverse, we can expect EUR/USD to continue its fall 500+ further below for the next months.
This is a good long term opportunity. However the pair decides to act, there is an opportunity to make a lot of money from (Whether it decides to find support and reverse back up/Accept the 50 ema as its resistance and break further below).
Happy trading!
P.S. - Remember, if you fail to manage properly your equity, no matter how good you are, you will fail to succeed.
EURUSD Upside to ContinueMy last call for long Euro still in, whilst looking to build the position now as EURUSD had an expansion bar in London session, i am expecting that the upside is likely to continue till 1.1950, looking for buy setups here whilst trailing the stops with green line tracking below the price bars.
Join my webinar this Sunday for a $50k to $115k trading challenge that I have smashed this year. Find the link below.
Happy Trading and have a great weekend.
EURUSD - Outlook Hello Traders,
Another good buying opportunity on EURUSD as the DXY slumps. It's a short term buy so if it fits your strategy, it is trade-able for short term and then we might get a good opportunity to sell from the top.
It's not a trade setup and i don't trade until i see if it fits my strategy.
Good luck!
EURUSD forex cross pair is ranging on the daily timeframeEURUSD is a clear example of when to do nothing and sit on your hands waiting for the right opportunity and imbalance to trade.
The daily chart is creating new supply and demand levels, therefore there is no trend, in a trend an opposing imbalances is eliminated, in this case, both supply and demand imbalances are being created
Not touching this Forex cross pair.