Eurusddaily
EURUSD: daily chart analysis by Forexcues CompanyHello guys!
Greetings from Vugar.
We compared H4 and D charts in EURUSD, decided that there is good decreasing channel is created.
- What should we do?
* Wait for upper border of this channel and sell from the top.
* Wait for the breakout of this channel to downside and sell massively.
In both case we have to wait yet. EURUSD may be dangerous nowadays.
EUR in AccumulationBrexit still as a fundamental decision of EUR direction. This condition makes traders still wait and see during the deadline. But you know, the spread of this waiting is still in wide area. 1.13 to higher high is profitable for scalping trader.
But, in the other side I'm as earlier trader needs for learn to check and recheck for my analysis.
So, let give me a good another analysis for better day tomorrow :)
Thanks, and happy trading
EURUSD Reversal/BreakOutEURUSD appears to be reversing its bearish trend, however it has not yet violated the bearish channel. For these situations I find it best to trade within the channel in case it does not experience a bullish breakout. The entry is set low (expecting pullback) and the SL is set tight. The SL is below the lower trend line. -StampsFX
EURUSD analysisMASSIVE bullish candle to close the day..
so, whats next?
im personally expecting some sort of pullback because all this buying pressure needs some relief (profit taking)
so, be patient for the market to present a good entry point.
You could sell, grab a few pips etc but im more so waiting to see what the next candle will show.
A solid closure will give insight that the bulls are back and this pair is going up.
Anything can happen
Exciting week for many of these pairs.
Patience is key
Cheers.
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 / MEDIUM TERM ANALYSIS FX:EURUSD / MEDIUM TERM ANALYSIS
When you try to take a position on the market, always study the chart from different points of view and never forget the 3 rules:
1st: Cuts losses!
2nd: Cuts losses!
3rd: Cuts losses!
NOTES:
- In either case, you should not risk more than 2%/3% of your asset.
- It does not matter if you lose a battle ... the important thing is to win the war!
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Scalping opportunity on EURUSD within a downtrendAfter a very aggressive Channel Down on 1D (RSI = 30.602, STOCH = 25.105), the price is starting to consolidate (MACD = -0.011, Highs/Lows = -0.0075, BBP = -0.0246). The potential Rectangle pattern (1.1750 - 1.1950) resembles the November - December 2017 High VOlatility zone on the same prices. 1.1750 is expected as a bottom target, followed by a Lower High near 1.1950 and then a deeper drop near 1.1570.
EURUSD bearish butterfly reversal formation!EURUSD is forming a strong bearish butterfly reversal formation with first major resistance at 1.2289 (ABC Fibonacci extension, bearish butterfly harmonic formation) and a strong reaction could occur at this level to drive price down towards 1.2090 support (Fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is seeing major resistance below 99% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/USD fails to break through 200-hour SMAEUR/USD fails to break through 200-hour SMA
As it was projected yesterday, bulls did not succeed to push the Euro through second combined resistance barrier formed by the weekly S1 together with the 100- and 200-hour SMAs. Accordingly, the pair made a rebound and started moving back to the monthly PP. From daily perspective bears are still expected to keep their dominance. However, on hourly chart it seems that without an additional impulse the currency rate might fail to slip below the 1.1917 mark, thus extending horizontal movement for another day. As regards an allocation of pending orders in 50-pip range, then more than 60% of them are set to sell. In the meantime, an aggregate of various technical indicators supports possibility of another rebound, suggesting that tomorrow the pair should resume an upwards movement.