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Eurusdidea

EurUsd- Very steep falling wedge, short squeeze can followThe trend for eurusd is undoubtedly short, however, starting with the first drop under parity in mid-July, the pair lacks real continuation to the downside and lows are marginal with the yesterday's one being a false break under support. Looking at the chart we can see that the falling wedge pattern is very steep and a short squeeze at this moment is highly probable A new rise above parity can activate a lot of stop losses and the pair can accelerate to the upside The target for the falling wedge pattern is 1.03 and interim resistance is at 1.01
Long
by Mihai_Iacob
28
Did we witness a false breakout in EUR/USD?EUR/USD dropped below the 0.99 level today prompting many traders to think that the support has been broken finally. However, at the start of the European trading session price has rebounded quite strongly above 0.99 again. So, we might have witnessed a false breakout. That being said, EUR/USD is not out of the woods yet and buyers must exercise caution. Today's daily candle might give some more clarity in EUR/USD. In my opinion, EUR/USD will climb above parity again and even reach 1.04 and that's why my plan is to buy every dip with small lots.
by YourLazyTrader
15
EURUSD - 240 CHART TIMEFRAMEThe Structure is looks good to me, waiting for the this to correct and then give us these opportunities as shown on the chart. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate get into only big bullish or bearish moves. Just ride the bullish or bearish impulsive move. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments respectful. Thanks for your support....
Long
by Tradelikemee
EURUSD - 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves). Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support....
Short
by Tradelikemee
2
A bottom has formed in EUR/USD, will it reach 1.04?As predicted in my previous idea, EUR/USD has crossed 1.00 level and is also close to my second target of 1.0050. But, in this idea, I am doing a daily chart analysis of EUR/USD. As you can see, a bottom seems to have formed in EUR/USD with the 0.99 level being a strong support so far. So, the likelihood of a bullish rally to 1.04 can not be ruled out. So, buyers who have already bought at 0.9950 level or below can continue to hold their buy trades and keep taking partial profit as EUR/USD continues to go up. I would not recommend new buy trades at this level. In my opinion, one can buy if EUR/USD dips to the 0.9950 level again.
Long
by YourLazyTrader
13
EUR/USD 4H Chart analysis, minor support intactIn the 4hourly chart of EUR/USD, we can see that the minor support level at 0.99 zone is still intact. Thus the likelihood of a small relief rally to 1.0050 is still lingering. That being said, the fundamentals of EURO remains quite weak against the US Dollar. So, bulls must be careful. Short-term traders can take advantage of the current volatility and trade in both directions. I would be looking to buy EUR/USD in the support zone near 0.9920 with a small stop loss to keep the risk low. Targets would be 1.00 and 1.0050 respectively.
by YourLazyTrader
23