Sell below 1.0585. Stop loss at 1.0660. Take profit at 1.0450. Reason for the trading strategy (technically): Price remains under heavy downside pressure below 1.0585 resistance (pullback resistance, descending resistance) and we expect price to make a further push down to 1.0450 support (Fibonacci retracement, horizontal swing low support). RSI (34) sees a...
Buy above 1.0591. Stop loss at 1.0573. Take profit at 1.0713. Reason for the trading strategy (technically): Price is right on major support at 1.0591 (Fibonacci retracement, horizontal support, Fibonacci projection. We hope to see a bounce up from here to at least 1.0713 resistance (Fibonacci retracement, recent swing high resistance). RSI (34) is seeing strong...
Sell below 1.0700. Stop loss at 1.0850. Take profit at 1.0510. Reason for the trading strategy: Price reacted nicely from our selling area last week and is dropping nicely towards our profit target. We remain bearish below 1.0700 resistance (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a further push down to 1.0510 support...
Buy above 1.0637. Stop loss at 1.0573. Take profit at 1.0760. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target. We now turn bullish above 1.0637 support (Fibonacci retracement, horizontal support) for a push up to 1.0760 (Fibonacci retracement, recent swing high resistance). RSI (34) is seeing strong...
Sell below 1.0711. Stop loss at 1.0758. Take profit at 1.0623. Reason for the trading strategy (technically): We remain bearish with the break of our long term ascending support-turned-resistance line. The goal is to be bearish below 1.0711 resistance (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a drop to at least 1.0623...
Buy above 1.0711. Stop loss at 1.0622. Take profit at 1.0811. Reason for the trading strategy (technically): Price has reached our profit target for the 4th time in a row. We now turn bullish above 1.0711 support (Fibonacci retracement, horizontal overlap support, bullish price action, long term ascending support, USDCHF negative correlation) for a push up to at...
I think EURUSD will go up to 1.094. Buy EURUSD @1.07 SL 1.06077 TP 1.094
Sell below 1.0800. Stop loss at 1.0880. Take profit at 1.0708. Reason for the trading strategy (technically): Price has reached our profit target perfectly from previously. We remain bearish below major resistance at 1.0800 (major horizontal resistance, Fibonacci projection) for a drop to 1.0708 support (Fibonacci retracement, horizontal pullback...
Sell below 1.0800. Stop loss at 1.0880. Take profit at 1.0708. Reason for the trading strategy (technically): Price reacted really nicely from our selling area. We remain bearish below major resistance at 1.0800 (major horizontal resistance, Fibonacci projection) for a drop to 1.0708 support (Fibonacci retracement, horizontal pullback support). Stochastic...
EURUSD Daily MA, SR, RSI/STO, MacD. Current Price. 1.07676 Resistance 1.08714 1.09887 . Historical and approaching 200 MA. Support 1.06866 1.06492 1.06237 RSI/STO and MacD indicate buying. MA’s have begun a crossover fan to the upside. Fibonaci Retracement Levels .23 level is 1.06997 .38 level 1.06313 .5 level 1.05761 .68 level 1.05208 Overall I...
1.0705 support was broken, now we can stay on sell mode. This pair can fall more after retesting 1.0705 level.
EURUSD is now fighting with the resistance level and we can expect bearish movement from this resistance level if any bearish rejection candle formed on this level. If this pair can break this resistance, then we can get bullish movement on this pair towards 1.0800 level
Eurusd can start bullish movement from near term support level. So we need to go for buy again if we find this pair near to 1.0460 level. In my previous analysis, i mentioned for sell from resistance level, this pair fell from that resistance area. Overall bias for this pair is still neutral. Need to break resistance, support for further movement
As i mention about bearish momentum on eurusd pair, this pair is falling near from sell area. We can see pin bar pattern on h4 time frame, we indicates another sell chance on this pair. On the chart, sell level has been pointed and risk/reward ratio is 1:2.
Eurusd failed to break 1.0610 level and started falling after NFP news. Expecting more bearish rally again towards 1.0400 level.
Eurusd has rejected from 200 EMA and downward trend line. Now this pair is on bearish mode. Expecting some bearish movement before NFP.
On the chart, we can see ABCD pattern. Now price stays at C point. Expecting buy movement from this level. Need to wait for price action candle to take long position.
1.0480 level was previous resistance level for eurusd which becomes new support for this pair. Expecting pull back from this level with targeting 1.0650 level.