EUR

Potential longs on EUR from areas shown below. EUR was bullish throughout last week and we could potentially see a break back above the 1.15 level this week. I am hoping we get a pull back and we can enter

Midterm forecast: While the price is above the support 1.1300, beginning of uptrend is expected. We make sure when the resistance at 1.1615 breaks. If the support at 1.1300 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1.15095 on 2018-05-29 and the trough ...

Descending Channel and fib retracemnt from the previous run higher. Nice entry for a short position.

As shown on the chart, wait for an entry reason between the D point and the invalidation level. Targets at the .382 & .618 C - D point. Re-stretch fibs to price extreme if price continues to move higher

CFTC data shows YEN bears were at extremes a few weeks back. They have started to unwind their positions and thus accelerating Yen's upside. Nikkei225 which is in close inverse-correlation with YEN is tracking lower too. We expect market participants to continue unwinding YEN shorts from over -$12bn short to -$7.5bn, which would transcend into a 2-3 handle move ...

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1415. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.135. TP4: S2=1.13. Set the stoploss of these orders at breakout of R2=1.143. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of ...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.144. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.15. TP4: R2=1.155. Set the stoploss of these orders at breakout of S2=1.1425. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of ...

Awaiting to see what happens here: - We could either have a break of the current market structure to the upside roughly around the -1.272 fib retracement of the previous leg to the downside (maybe slightly less due to market structure). OR - A break below the CTL and a continuation of the bearish momentum to the downside. We should be looking for a fib extension ...

Little look at BCHEUR on the daily. Has stalled at the 100 MA. FOMO is a powerful thing but I'm gonna wait and see if we get a retrace to the 618 or 786 fib from this breakout move before considering a long trade. Around 500ish in USD. Hard fork should hopefully drive it until the 15th providing BTC doesn't shit the bed. Targeting 550, 670 depending on how BTC ...

Our Head and Shoulders pattern continues to materialize in EURUSD. Last week was significant in that price was rejected again at trendline support-turned-resistance. Further resistance is placed at moving the moving averages. Only a significant re-capture of the 1.18-1.20 area will alleviate bearishness, but since that is unlikely, down is the path of least ...

Recently seen risk aversion in the market with US equities almost 9% off the recent peak (SP), US 10 year yields off the highs from 3.25% as low as 3.11% where there is near term support, Traditional high yielding FX (AUD lower, NZD lower, EUR lower, GBP lower), WTI crude 14% off recent peak and safe haven flows lifting JPY, gold, silver and US bonds. We're now ...

Nice rejection candle and remember we had an engulfing candle on the daily chart Friday. Vert tight stop great R/R. Don't risk what you cant afford to lose. I am loaded so I can afford to lose a heap of Dosh. Good luck,

With the Brexit uncertainty once again beginning to haunt the GBP this morning, it may well be worth taking a chance with a long of EUR/GBP. Daily chart shows a perfect pick up opportunity on the 78.6 Fibonacci level at 8723, the market low on 10th October 2018. Previous support levels now plot a predictable band of resistance around the 8850/8865 area. ...

Charts change. But as the days roll on, EURUSD looks to be forming a Head and Shoulders pattern. The descending neckline implies a fast drop to my first target, the 1.07 area, with a measured move down at 1.03. The volume profile is inconclusive at this point. Time is running out to mount a sustainable rally and overturn the bearish picture, and with EUR ...

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=128.3. TP4: S2=127.85. Set the stoploss of these orders at breakout of R2=129.15. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of ...

Alt Shark. Wait for entry reason within green box. Target at .382 & .500 C-D. Stops will be ATR based once trade is open.

More of a technical play here, as the market bounced off the 2016 highand has now reached a key inflection point where the 1.150 handle meets Fib618 from the high of the previous leg lower and also horizontal resistance at 1.1490. Technically the lower trendline here if that were to break would be further bearish confirmation. Fundamentally, if the Euro growth ...

Last week price rallied to major resistance and, again, gave a sharp rejection. This week, so far, we have retested support from the supportive price area (green line) and the weekly 55EMA. Price is once again stuck within these ranging levels (between the red and green lines). I am bullish on this pair BUT I am staying out of this market until a Brexit deal is ...