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Eurusdbuy

EURUSD - 1H - LONGBuyers came in strongly from 6 weeks ago and broke the EURUSD downtrend. Now is the time for them to rest and an opportunity has been created for the rest of the traders. The fixed ceiling of the Fibo zone is 0.618, which this week saw a retracement of this zone, forming a V for us. In order to continue its uptrend, this chart needs to correct when it breaks away from the downtrend channel to gain bullish strength. Note that this chart requires time correction to go up, not location correction, so pay attention to this point and make the most of the trades that we will have in the upcoming range in the 5-minute time. In the MACD indicator, we also see a positive hidden divergence, which is currently close to the zero zone. If the price breaks the resistance zone before the time correction, you can think about buying, but you have to be more patient until your target is touched. And the last point: if the price is determined from the range box and moves down, this analysis is no longer valid and is waiting for our next presentation regarding this chart. Golden Dragon
Long
by the_golden_dragon
2
Update On EURUSD BUY Trade +400 Pips ProfitQuick on this position from last month still moving nicely towards the final target of this leg up should expect the market to pop up above September's weekly high @ 1.02 which is actually a weekly SUPPLY/SELL zone this is where I will expect a short term sell off back down towards 0.99 then for the up leg to continue targeting the monthly SUPPLY/SELL zone that starts around 1.05. Read my related posts to discover how I was able to predict this monster 400 pip move without using indicators
Long
by TheFxAce
EUR / USD pullback seems corrective EUR / USD to trend higher since the ECB is still way behind the FED on rates? EUR / USD: the pullback over the previous four trading days seems corrective from the +2.6% 30-day increase; the break above the 0.9820 level could provide a solid floor and potentially may have triggered a bull market signal; provided price can remain above the key support at 0.9820 the prospects for an advance towards the 1.02s cannot be ruled out over the short term (5 to 26 days). Not investment advice. Past performance is not indicative of future results.
Long
by Skilling
1
EURUSD BULLISH OUTLOOKThe EURUSD currency pair was trading in downtrend channels on the daily graph from middle of June, but yesterday it broke the resistance barrier of the channel, which is a signal for a bullish turn of the currency pair. Technical indicators like MACD and RSI are confirming the bullish trend as well. If this trend continues we might see the price of the instrument moving above par levels and heading towards 1.02 levels. In the opposite scenario the price might revert and try to test support levels of 0.985 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
EURUSD BUY Trade Update First Target Yippy :)Just a quick update on the EURUSD trade that triggered last week we have hit the 1.00 level which was my fist target as explained in the last post so have closed 50% of the position and moved stop loss to entry price. The next target is the previous Monthly support around 1.03 and then the monthly SUPPLY/SELL zone higher up. If you read the related posts you will learn the importance of knowing what is going on in the HTF charts and then using lower timeframes for pinpointing entries, also keeping your trading as simple as possible is the key.
Long
by TheFxAce
4
Update On EURUSD BUY Idea Trade Triggered Just a quick update on the EURUSD BUY trade idea I posted last week were I wrote that I was waiting for my indicator to give me a BUY signal as we entered the 2001 DEMAND/BUY zone you can read the full idea in related ideas below. We can see it spiked down below the area at the beginning of the week likely there was a lot of liquidty under the level and we closed the week/month back up inside this zone with my indicator giving me DAILY BUY signal which is what I was looking for. I will hold this position up until the previous SUPPORT level around 1.03 and will close 50% of my postion around the 1 level and move stop to breakeven this could turn into a great long position so will eventually trail the position as it moves along. I did say only a Monthly close under 0.96 would invalidate this trade we got a break below followed by a sharp reversal and close back inside which gives me confidence in this position read the related post to understand why I entered at this level.
Long
by TheFxAce