Eurusdneutral
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD- NEUTRALThe direction is not very clear, and I hesitated to see the downside few days ago.
Here we are, quite south of the borders, and we are resting now near the support at 0.9820. The w-formation is negated and we got more of a descending wedge being formed. It is oversold but still not extreme, and with strong market conditions to downside, I suspect still a rebound, but not as yet.
For now prefer to remain on side line, or try small buy near support and take profit 1.0078 for now.
EURUSD-NEUTRAL with upside potentialIt feels we may see higher levels, but not very convincing as yet.
The daily chart is still positive on Ichimoku, but negative RSI and MACD. The 4-hourly is starting to show life and both RSI and MACD are postive with resistance @ 1.0070 for now.
Overall I believe we may see 1.0237 short-term.
EURUSD H4Hi traders, EURUSD is setting up for a correction wave. I am expecting a beautiful correction from the EURUSD and hit the upper trendline and 0.618 fib level. Incase that is not happend maybe my view are wrong so then if EURUSD breakout to the downside trendline then it can go to a previous low and form maybe a double bottom scenario GOOD LUCK.
EURUSD-NEUTRALI feel are in neutral range territory. The ADX us declining and suggest range trading, and the RSI still negative, but turning.
I like to see developments coming days to form opinion. Over all, we are close to BUY levels, but not as yet is my feeling.
Expected trading range today 0.9890- 0.9990 for now.