#EURUSD ANALYSIS.. LONG-TERM TARGET.. My long-term expectation of #EURUSD is 0.90, the starting point of the story.. As I mentioned in the weekly chart, EUR has been constantly losing value since it peaked against USD in 2008 and I think it will continue..
Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
Eurusdlongterm
EURUSD long term +450 pips potential - EQUIY.Dear traders,
So as you can see we expect EURUSD to go long. We think it will go long because the markt is now in a strong weekly buy zone. If you zoom in on the daily chart you can see we are now also in a strong buy institutional orderzone that’s been filled right now.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a nicely “w formation”.
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EUR/USD, Are we in the 5th bullish Wolfe Wave on weekly chart? According to Wolfe Wave strategy, we are at the begining of 5th bullish wave also i see some bullish divergences at macd and rsi on weekly chart.
In long term we can aim:
1.15450
1.17300
1.19600
***Your stop loss must be our inclined support in this strategy.
What is Wolfe Wave Strategy?
forextradingstrategies4u.com
Fundamental Tips:
After Powell's (FED's chairman) dovish speech, we understood that USA will not increase interest rate in future period as they did in the past.
Source: www.cnbc.com
Have a nice day,
Berk
EURUSD Long-Term = Head & Shoulder explainedPrice previously breakout from the Triangle,
Goes lower towards -1.272 to -1.382
Fib projection where
price is now extremely cheaper to be bought.
Price keeps rejecting where it has now
compressed in a triangle.
Head & Shoulder is expected,
as price shall move higher
towards Key Levels ( 1.20489 - 1.20055 )
Infact when you Pull the Fib
from HIGHEST POINT to LOWEST POINT,
these prices are actually
50% Fibo Retracement for the Long-Term
EURUSD prospect 2018, dollar to get stronger after feb-march. Hi Guys, My yearly forecast of eurusd shows some initial EUR upward momentum during jan-feb but after that we will see strength in dollar cause there is high chance it's gonna make last wave to downside making some kind of running flat in major corrective structure. right now euro showing high signs of more upward move. but its about to finish that big expanding flat for downside.
A Long Term as well as Short term idea (ZR)Dear Traders,
There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison.
Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875, 1.0950. if price does not break crucial point then there will be big opportunity for seller to the price of 1.0570, 1.0495, 1.0432, 1.0378.
Short term position can be taken only in bearish flag.
Let see !!!
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team
EURUSD Long Term UpdateIf it is true that history repeats itself then keep an eye on the monthly chart in the euro. This chart shows the euro establishing a long term low. If the previous uptrend from the low at B to the high at C were to be replicated then the target can be projected at point E. Since this is a forecast with a horizon some point next decade, the focus can be narrowed to the low being established at D. In the near future we have to see the low established in 2015 to hold. The structure of the low at point B has a formation somewhat representing a three drives pattern, each with a successively higher low. The length of time it took to establish the low at point B was a little less than two years. Fast forward to the current low being established at point D and it becomes apparent that the length of time at these lows is running its course. If the current proposed low at D is to be held, then it stands to reason that a final higher low is imminent. So once the euro trades down toward 1.06 for an attempt to shake out the weak long holders, then look for a bear trap at which point a low risk long entry will present itself as a golden opportunity.
EURUSD; is it that simple?Recently i have been making good percentages day trending/ scalping. now i have a bigger account i want to focus on the more longer term trades. to do this, i think Wave theory is the best bet to understand the psychology more. Laying out wave theory can be difficult, but this looks straight forward... Will look into the lower charts to pick up any lower fractals. Trade well!
Analysis EUR / USD long termThe perspective in the longer term:
Currently located around 23.6% of the abolition of inheritance from 1.3994 to 1.0463 level. After breaking the current price levels, demand side should move towards resistance level at 1.1495, where correction should be longer. Then Eurodollar will be ready for further growth towards the level of 1.1811 (38.2% fib abolition).