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Eurusddaily

Daily levels for EUR/USD 08.03.2016Not a big change in daily levels since close price is near the same as yesterday! I am still long to 1.1060 - see related Idea. Look at yesterdays 07.03 daily levels, we made some profits on that one - see related idea. Description! Read carefully! First look at market sentiment 1.1004, if it will be broken downside by X pips, it is more likely that the pair will go down and test those two levels - Trigger 1.0971 level, and Confirmation 1.0958 level! If it Breaks Confirmation 1.0958 by X pips, I guess the pair will keep falling down, and there is an SELL opportunity. If Confirmation 1.0958 level holds and market goes back up and breaks Trigger 1.0971 level upside, it is a BUY opportunity with TP - Market Sentiment 1.1004 level! That played out yesterday - see related Idea! Now about other ones! If pair tends to go up and go above Sensitive 1.1052 level, then price should not fall 23 pips below it, it will give us a confirmation that Pair is willing to go up, and there is a BUY opportunity. If Pair will break Sensitive 1.1052 level by X pips, then it should not fall below it 35 pips! It as well would give us a BUY opportunity. And if that scenario happens, then Pair is likely to go test Trigger and Confirmation levels up there ( green lines ) And the same rules applies to green levels too! Good Luck! Let's see how this plays out today! I will update during the trading day! Don't forget to hit Like button! And if you find my strategy interesting, consider - following me! Cheers!
by TheZabisyu
Forex Tips & Market Analysis - EUR/AUD SELL! SELL! SELL!EUR/AUD ( 4HOURLY ) SUMMARY: The secondary trend of EUR/AUD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4926 and support at the level of 1.4842. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in itsnegative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair. STRATEGY: EUR/AUD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. 100% on Tradingview so far... Hope you enjoy this, as usual let me know how you get on! www.tradingsignalrevews.com
Short
by TheBanker
8
100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support at the level of 1.12232. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. EUR/USD RECOMMENDATION BUY TARGET 1.12750 The Major trend of Euro it is showing strength for buying If it crosses the resistance level then one can initiate buying position in the pair . If it crosses the level of 1.12689 then it can test level for the target of 1.13000 with second target at 1.1430 with the stop loss 1.1175. CHART FORMATION:- Euro is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Eur is trading above the 50 DMA with a negative bias. INDICATORS:- RSI is trading near to 65 levels with a positive bias, in upcoming session upside movement is expected. MACD and Signal line is sustained above the zero level line. www.tradingsignalreviews.com
Long
by piponomics
13
EURUSD : Long term Forecast for 2016 - 2017 I am not a long term trader however it is often good to know the prevailing market bias so that we don't make huge short term projections against the prevailing market bias. When you take a short position in 2016 it would be a good thing to be conservative with your targets as the EURUSD is going up. Once the 1.1059 break happens I see an area of resistance at 1.1616 - 1.1760 and also at 1.1901 - 1.2098 , so I do advise you look out for these areas as they may offer temporal reversals before the market goes for 1.2300
Long
by kwaziphungula
1
Correction for EURUSDImportant week ahead for EURUSD. In US ( ISM, NFP and Unemployment ) while in EUR ( CPI and bank rate decision) will be driving forces behind EURUSD move. I expect short term bullish correction to be initiated by the bounce from 628 Fib retracement at the support levels 1.118 until 1.14 area will be retested and one might consider to rejoin bearish long term move. Correction might be driven by expectation of FED not rising rated in September but rather December
Long
by FX_Trader_Analyst
6
EURUSD DAILY CANDLE PREDICTION TEST.OK, SO LAST WEEK I MENTIONED THAT I FIGURED A STRATEGY TO PREDICT THE NEXT CANDLE. I MUST CLARIFY THAT I WAS REFERRING TO A SCALPING STRATEGY, AND I'VE ONLY USED IT ON A 5 MIN CHART SO FAR. SO I RECEIVED A CHALLENGE FROM SOMEONE TO DO IT ON A DAILY CANDLE, SO THIS IS MY FIRST ATTEMPT TO DO SO. PLEASE KEEP IN MIND, THAT THIS PREDICTION IS IN NO WAY ME PREDICTING THE FUTURE, IT IS BASED SOLELY ON ANALYSIS, WITHOUT PSYCHOLOGY. SO WHETHER IT GOES RIGHT OR WRONG IS NOT MEANS TO BE EXCITED OR DISAPPOINTED. PLEASE REMEMBER, THIS IS NOT MEANT FOR TRADING, IT IS ONLY A TEST!!! I DON'T WANNA BE HELD RESPONSIBLE FOR ANY LOSSES.
Long
by DayFarrell
6