EUR USD down EUR/USD consolidates gains above 1.0800, awaits Fed Minutes
From a technical point of view, EUR/USD’s daily chart shows its closing in the green for a fifth consecutive day. The same chart shows it trades above converging 20 and 100 Simple Moving Averages (SMAs) in the 1.0790 price zone, while it retreated from around a flat 200 SMA, currently around 1.0825. Technical indicators, in the meantime, maintain their upward slopes just below their midlines, suggesting bulls are willing to push EUR/USD further up.
EUR/USD is holding gains above 1.0800 early Wednesday, having hit two-week highs on Tuesday. The US Dollar remains broadly weak, despite a mixed market mood, as investors weigh Fed rate cut bets and US government shutdown risks ahead of the Fed Minutes.
Eurusdtradesignal
EURUSD → Day Analysis | Sell SetupHello Traders, here is the full analysis.
Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD Day Analysis | Sell SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD - D1\H4EURUSD
W1 - Can be considered as the completion of the correction and the potential beginning of a 3-wave structure.
D1 - The price has approached the breakout of the 1st wave, which can form the 3rd wave and begin a downward movement to the levels 1.04530
H4 - The price has left the consolidation zone, for further movement it is better to wait for a correctional wave and consider selling on the 3rd wave on D1
What can you expect?
You can consider entering from levels ~1.08764 - 1.09352 with a target of 1.04530. After the corrective movement on H4. Also, if you are considering an entry, you can wait for the price to fix below the low of the 1st wave.
Cancellation if the price breaks the maximum of the 2nd wave - 1.10220.
Short
Target 1.08256 - 1.07172 - 1.06156 - 1.04530
EURUSD POTENTIALLY BULLISHFX:EURUSD Broke out of the major resistance and has formed a new high. On H4 TF, it can be seen attempting to form a new higher low. If the new higher low is fully formed and holds around the 1.10345 area, we just might see some higher push
Targets are at:
1) 1.11300
2) 1.12389
Trade with caution and trade responsibly. Do your due diligence
Happy New year
EURUSD → Next on the upside comes 1.0945FX:EURUSD surrenders part of the recent advance to three-month highs just below 1.0900 the figure on Wednesday.
The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, the pair’s outlook should remain constructive.
EURUSDAlready broke out of the consolidation phase and looking sweet for another short to continue with our existing short
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSDAfter price falling during the NFP and the unemployment rate last Friday, 1st September, price is expected to continue falling but will make a pull back to the 1.08364 level which is in line with the fibo retracement level. The retracement will be due to the DXY index weakness on the 104.0 support.
Price could push down to the declining channel resistance level at 1.07077.
EURUSD - RSI SIGNAL ANALYSISEURO/USD
RSI SIGNAL ANALYSIS
- Diagonal parallel channel acting as confinement zone
for price, good for timing buys/sells and for stops
above or below.
- Red zones on the chart are oversold levels and green
are overbought.
RSI OVERSOLD
- Can remain oversold for 28 - 30 weeks
- Prime time window to buy is from week 26 - 28
RSI OVERBOUGHT
- Can remain overbought for 17 - 22 weeks
- Prime time window to sell is from week 17 - 22
- An RSI double top pattern has signaled the last
overbought tops.
You can also clearly see the relevance of the POC Line which price oscillates around or has trouble with breaching.
We can observe what happens the next time the RSI is oversold or overbought and maybe we can use these weekly time windows to better gauge a buy or sell opportunity.
PUKA
gartlay pattern EURUSD 30Mwhen its break the trend its may retest a little then move upto the targeted level. after breakout of trend line you should look for retest and get entry there on confirmatioN(candlestick RSI) upto the that zone. after reaching the pattern completion you have tp enter there upto the targeted area. its my own analysis im still learning forex i hope this will help you. Use 0.5% stop lose. use small lot size dont be greedy and be patient. thank you
EURUSD ShortFinally EURUSD to up the short position. This may not last for too long so if you're in this, manage your position and always breakeven once in some sizeable profit.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
EURUSDFor me, I'm still neutral for now. Before taking any position on this pair, I will want to see a break above the 1.10432 and its retest (for a long) or a break below 1.09523 and its retest (for a short). Until then, we wait.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results