- Great deceleration to key resistance - Two doji's formed at resistance - Bearish MACD divergence - In between 0.618/0.5 fib extension level - Very strong support for past year Thoughts?
The currency pair reached a very strong resistance zone, located between 1,1437-95. Due to the very strong buying and the high density of these resistances, the beginning of the coming week should pass under the sign of the correction weakening of the euro against the dollar. Therefore, you must reckon with the defense of the above-mentioned resistance by the...
Next target for EURUSD is 1.1500 before any retracement.
O: 1.11886 SL: 1.11391 TP: 1.12909 R/R: 2
Hello my friends! Based on my calculations 1398 has to be seen during the time frame from 28.03 - 01.04. If it does not happen I Abandon my system! SL is very WIDE and I could drop it down more based on situation! Fingers crossed! My project is coming out soon and all of you will get the templates I am trading!
On Tuesday after the holiday weekend on the parquet back investors from Europe, which should revive the currency market during the early hours of the morning. Relevant data will appear only in the second half of the day, when we will know the consumer confidence index by. Conference Board. Investors will also pay attention to statements by members of the FED...
Hi All !!! As you know (if we have spoken) I am about to start my new trading year. ready to (hopefully) achieve my targets of 25% profits per month (although this may not always happens!) consistency and discipline is important in trading and even more if you are a home trader with a small capital. But Punctuality is even more important!! be there where you...
The situation on the eurodolarze has not changed and is consistent with what I presented in previous reports. For the record, let me add that the currency pair is in a correction of recent increases. Due to the proximity of support at 1.1144 (38.2% fibo abolition), the voice has come the demand side, which is trying to move toward the counterattack last local...
A currency pair is in a quite interesting place, precisely in the area of 1.1213 (61.8% fib increases the abolition of the level of 0.8231- 1.6038. In case of growth towards the level of 1.1495 should be remembered that in the last year zone 1.12 -1.14 was every time a strong barrier, the demand could not break through. Whether in the near future we will witness...
A currency pair is very close to the first important support level 1.1144, which should provide a barrier against further declines. Therefore, I will repeat what I said in an earlier report. The proximity of the support at 1.1144 (23.6% Fibo unbearable increases the level of 1,0821-1,1343) should activate the demand side and direct the course of the Eurodollar at...
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The situation on the currency pair does not change much. Most of the day eurodollar exchange rate moved around the level of 1.1220, which is 23.6% fibo abolition of recent increases (1,0821-1,1343). At present Eurodollar moves the correction of the recent increases, taking the form of consolidation. Accordingly, it is possible to enhance the recent declines...
Going to do analyzes Eurodollar wARTo go back to do the events of last week. Wednesday's message has led the Fed to change sentiment co Consequently, the strong dollar sell-off. Currency pair after reaching the maximum at 1.1343 currently moving in the framework of the adjustment. Zone aids extends between 1,1220-1,1245 and if it is maintained that the demand...
FOR ME IT LOOKING LIKE IT FALLING. MAY BE SELL. COME MONDAY WE WILL SEE
Hoped you liked the USDCAD! Here's another tight SL (3 pips this time!) Started this one in the trading room chat live last Thursday, and had a perfect spot for a re-entry later on that day... Monitoring this closely with trailing SL's now as heavily in profit .. although it appears Gandalf did his job :) To be clear this trade is very short...
Dont let the Crab bite you. With a sudden Jump in EURO, and a steep fall in DOLLAR, something really is not technically understandable. After some deep analyzing, we have another pattern being grilled up - Bullish Crab. We still favour Sell on Rallies, and look EUROUSD to Fall Sharply in coming weeks. Its not a trade recommendation, but we have gone short at...
The EURUSD continues to struggle in a range, but looks like putting in a pin bar at a polarity level around 1.1093. If this confirms, look for a move below to the triangle pattern from higher time frames, currently sitting in the 1.1065 area.