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Eurusdforecast

+230 PIPS TP hit in EUR/USD, will the uptrend continue?Dear traders, EUR/USD has bounced off from the 1.0380 level as I mentioned in my previous idea. So, whoever bought at that level certainly made 230+ Pips profit. I am attaching the previous idea below for reference. Currently, EUR/USD is facing some resistance in the 4H timeframe and price has gone through some pullback. However, in my opinion, EUR/USD will reach 1.08 level by the end of the this month or early next month. So, my preferred plan is to buy the dips in EURUSD.
by KaltoireCapital
13
EURUSD - CURRENT SENTIMENT ANALYSE , DXY - DXY is currently at 105,286 LEVEL. Also the EUR FEATURE stays at 1.0451 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little before BUY. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP. - The EURUSD PRICE can be slightly up to 1.0652 LEVEL. Maybe a change from the USD HIGH VOLATILE EVENTS coming up in the coming days. So stay tuned. If the MARKET moves to the DOWN SIDE the EURUSD 1.0279 LEVEL can be DOWN.
by benny_marshall
EUR/USD is in historical support level, will it bounce up now?Dear trader, we have made a very good profit with our previous Sell signal on EURUSD@1.0760. I hope you made money too as I shared the signal in my previous EUR/USD Idea. At present, EUR/USD is in a historical support level as you can see in the chart. In fact, the price has already bounced up more than 80 pips in an impulsive move. However, as you know the FOMC meeting is less than 12 hours away, I have not executed any trades yet. In fact, I am waiting for a dip to 1.0350 before buying. My idea is to buy EURUSD@1.0330-1.0380 with SL below 1.03 and initial TP at 1.0550 and final TP at 1.08. Please note that to avoid stop hunts, I will not be placing Stop Loss immediately after executing the trade.
by KaltoireCapital
26