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US-DOLLAR

EURUSD If You Missed Long... many traders have missed long trade on Friday morning and now are looking for an opportunity to join the rally. be careful with buying on current prices, on 4H the pair has reached an important trendline and it feels like it is still respected buy the market participant. the best option for you to buy the pair is to wait for a bullish breakout of the trendline and buy it on pullback aiming at 1.09 level. such a plan will give you a good r/r ratio and protection against the occasional price fluctuations, please, support the idea with like! thank you!
Long
by VasilyTrader
15
EURUSD Entering Strong Structure good morning traders! after a strong bearish movement, EURUSD is entering a strong zone of support. We see the perfect conjunction of a projected harmonic movement and horizontal structure. there is a high chance to see a pullback from the underlined area. I will be waiting for a reversal formation to buy the market. The initial target will be 1.105 *shorting from current prices will be risky, your next chance will come with a bearish breakout of the underlined support.
Short
by VasilyTrader
8
USDJPYI really believe that this is a bear flag and this is the final touch at the resistance trendline before we can see some downside movement in this pair and the Elliott Wave corrective pattern ABCDE is officially done for now and we should see 5 impulse waves to the downside. If the price manages to brake the support trendline it will continue to fall even more. The first area of support from here is the 108.465 area where we could see many confluent price actions in that region. A close below the 109.70 would signal to the bears to activate their short positions. - The MACD Histogram starts to level off and I anticipate it to curve to the downside soon enough. - The RSI is not in the overbought region but I anticipate it to curve to the downside if the bearish momentum continues. !! Make sure that you make your own analysis before entering a trade and always be cautious in the market. !! This is not financial advice and it should not be taken as such.
Short
by monssonalma
Dollar Index (DXY): Complete Indecision hey traders, it looks like today we have an important day for us dollar. analyzing daily timeframe we can notice with you that the index is currently standing on the important pivot point. 1-hour chart shows complete indecision and consolidation within the horizontal range. it looks like the market participants are waiting for some trigger to identify the market future direction. on the economic calendar, we have multiple announces and I believe that this news will make the market move. being a technician I will be waiting for a breakout of the indecision range instead of investigating fundamental data. the side of the breakout will show us the market direction for the next few days! good luck!
TVC:DXYShort
by VasilyTrader
4
AUDUSD Trading Plan hey traders, I am paying close attention to AUDUSD pair. On a daily we have a nice match between projected harmonic leg and structure support on the left. + the market has recently formed a dodji formation so I think that we have a high chance to see a pullback from 0.685 level. for confirmation, I will be waiting for a bullish breakout of a trading range on 1H chart to buy the market. The initial target will be 0.692 The second target 0.695 Stop will be strictly below the range!
Long
by VasilyTrader
3
EURUSD: Decade-long path to parity hey traders, I hope that you all enjoy holidays :) now we have a perfect time to talk with you about a long term perspective on different financial instruments. I decided to start with EURUSD. From 2008 the pair is in a strong bearish trend. From the current perspective, it looks almost inevitable that in the next few years we will see parity between euro and us dollar. now the market is proceeding to a current market low 1.05. taking into account the average annual trading range I believe that with a high probability we will be there next year. The bias remains bearish and for now, we don't see any indication in a change in market sentiment. keep following the pair within the underlined channel. P.S I am not a big fan of fundamentals but I want to hear the fundamental view on EURUSD so feel free to share your thoughts in a comment section!
Short
by VasilyTrader
13