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Eurusdforecast

EURUSD JUNE CANDLE OPENING PRICEEURUSD JUNE CANDLE OPENING PRICE Here's my view, the opening price of June candle gave confirmation to bulls stepping in. This month candle has high probability of going upwards 'bullish' so therefore we will be looking for more buy entry more than sell setups, this is for month of June. Fundamentally, FED might not have much effects because it's followed by ECB rate hike the next day. Another ECB RATE HIKE coming up on July due to inflation. I see more bulls stepping in. Pls kindly drop your views in the comment section
Long
by Lordval_Austine
3
EUR/USD Bulls Gearing Up?The MACD has shown trend continuation divergence (A.K.A "Hidden Divergence"). After the price action found footing at that pivotal zone (1.0550 - 1.0600), the Bulls appear to be gaining some strength. We have a strong gap to fill around 1.0640 but we'll have to see what happens during CPI numbers tomorrow morning. Based off of the longer term time frames, EUR/USD could see a run towards 1.1100+ as long as we do not trade back below 1.06000. If EUR/USD is pushed back down below 1.0600, the trade idea is invalidated.
Long
by InternalTraderNYC
EURUSD possible bullish move!Currency Pair : EURUSD Possible direction : Bullish Technical Analysis : Price just has broker out of the daily trend line and just tested the previous resistance as support and changed it's down trend to uptrend. As the monthly candle closed, we significant bullish move and highly likely price will hit weekly resistance level as weekly long wick doji has not been tested yet. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01