EURUSD analysis in 4HGood day, friends!
This is ESS team.
Congratulations on the EURUSD's RISE !!
Let's analysis EURUSD.
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This is EURUSD 4H chart.
Candle broke through the top of the Descending parallel channel with a cascading RISE up.
If Candle retests safely of the Descending channel's upper line,
Long positions are advantageous with power of rise.
If the Candle comes back into the channel and breaks down the blue uptrend line, and retests, please, you prepare for a short position.
Eurusdview
EU - Weekly Timeframe Analysis Contrary to GBPUSD, EURUSD ended last week with a very bearish candle, couple with relative equal lows.
A point of interest for me at the moment is the Weekly iFVG residing above to be used as resistance, especially if price does not break the nearest Weekly Lows to the left with any conviction.
Based on my bullishness on DXY, I see EURUSD digging deeper towards Sellside. Also compared to GBPUSD's Commitment of Traders report, EURUSD had a significant decrease in large spec long positions. EURGBP should be quite explosive soon.
EU - Monthly Timeframe Analysis (ICT)Last month we saw a sharp rejection after taking out a monthly high and monthly open. Currently no body has closed below the monthly FVG/Sibi.
I would be interested to see if price is drawn to take out the previous month's low, and if so, how does it react afterwards. If it takes out the second monthly lows, then the monthly FVG/Sibi would be a nice objective.
Price seems to be delivered efficiently at the monthly -OB, so I would be curious to see if price will be drawn back up there for a higher target.
Overall, no solid bias on my side.
EURUSD- 240 MINS CHART TIME FRAMEThe 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....
Tradelikemee Academy
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....
EURUSD weekly long term down t-linewe can see on a simple a view on eurusd in weekly chart that the pair for now respect perfetcly the long term down trend line since the high of 2008
so what we can conlude ?
can have a reversal risk ? or can the pair pass this down t- line who will be a hard bullish signal
dor now she go back down and we should beware of reversal,as we can see since some day she not go much down and not much up she waiting a new strong signal or may BO will do for us...have to monitoring
Alert Alert Alert Stay away From eur pairs Alert Alert Alert Alert :
France Election : Emmanuel Macron Win as Expected . and every one even who trading Forex for a year all making Analysis Eurusd will 1.12-1.13.
I will must say Stay away from eurusd pairs its not that much easy to analysis this market as people thinking.
And must Remember a famous quote for this market
Buy on Rumors Sell on News.
Eurusd already Take impact of that news . So be Careful from This pair.
Donot know why But As market history they will Drop badly Eurusd and take all buyers SL Then they will shout it up.
EURUSD LONGThe reason why we feel EURUSD may Rise.
* On weekly basis it has just started moving up
* Bullish Engulfing in weekly Chart .
* To Rise and come near 1.1286 levels
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Sinking..
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :1.1150, SL:1.1113 Tgt 01: 1.1245, Tgt 02: 1.1286, Tgt 03: 1.1415. The view expressed here is on weekly basis. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
EURUSD LONGWe are expecting EURUSD to RISE
* CCI is rising
* RSI is rising
* STOCH RSI is rising
We suggest buy above: 1.1008 SL: 1.0987 TGT 01: 1.1058 TGT 02: 1.1081 TGT 03: 1.1151 Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
EURUSD SHORTEURUSD is expected to sink now.
There are many reason why we feel it may sink.
* Bearish Engulfing in WEEKLY Chart .
* To sink and come near 1.0898 levels
* Stoch RSI (3,3,14,Close) clearly states it may sink.
* RSI (14,CLOSE) May not be of the same view.
* CCI (20,CLOSE) may not be of the same view.
Keeping in view the chart pattern we expect it to sink. Our sell call shall be from sell bellow:1.0946 SL@1.0966 Tgt 01: 1.0898, Tgt 02:1.0875, Tgt 03:1.0806
. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.