Buy EUR/USD now ( 1.3660 ) target ( 1.3895 ) ...
Retail sales data is going to be released today, and seems that they are going to be as good as expected, a bullish greenback...will deepen the EUR/USD fall? In the last release date, a month ago, the EUR/USD opened bearish and the better than expected data, pushed it further down...
$EURUSD has been stuck between ~1.37 and ~1.3950 since early march and with the RSI remaining over 50 and the stochastics highs and lows narrowing I think the consolidation will remain so the next short term move for the pair is higher. I am on the sidelines for now waiting to see a definitive move.
If price reaches that area, it can be area of interest for bull and bears with.
Gann Square analysis for the pair EUR/USD #FOREX
On Daily chart it is is in uptrend since July 2013. After big, ignited, red candle on 20th of March it entered into range-bound market and bounced up well off major trend line. Till now it built series of lower high and higher lows (wedge) and gave opportunities to trade both sides (selling from wedge highs and buying support). On Friday when US job report was...
Friends, TRADE PROFILE: Only three days ago, I took the opportunity of a long entry based on a daily chart which confirmed support near the 87.350 level. A layered analysis comprising my prop predictive analysis and forecasting favored a bull directional bias with a series of bullish targets of moderate-probability quality. Despite being a technical analyst, I...
Daily chart still in major uptrend but it is more range bound market, so it makes sence to trade tactically both sides. After it failed above resistance zone pair established downtrend. Broke below previous low of the day means that sellers are interested in lower prices. Significant support zone 1.38509-550 where i can take some off from my short position,...
EURUSD should see 1.39xxx sometime this week if we break the 1.383xx resistance marked on the chart. I still see EU as bullish as confirmed by weekly action resulting from the last hammer bar recently having formed. Projecting out further I am targeting 1.4xxxx as a toppish area for this pair to begin shorting at. Until then I am long this pair only.
Now money flow hasn’t get out of Europe union. Although Europe central bank officials don’t satisfy with high ratio of EURO between USD, Europe center bank don’t take part in QE until July. We all know that the United States economy has already get better, but FED officials worry about low CPI. Economic expansion must require a higher CPI. United States...
an ABCD patter on eur/usd 4h time looking to buy the 1.3750 area
Despite continuous effort from various ECB members to talk it lower, the Euro remains strong. This led ECB President Draghi to state over the weekend that “the European Central Bank will ease monetary policy further if the euro keeps strengthening”. EUR/USD gapped 50 pips lower on the open as a result of this, but is now back above 1.3850. Traders have been...