Hi traders, Due to personal health problems, I'll keep this short. I still wanted to update you with some forex analysis for the support you all shown me. WEEKLY CHART = LONGER TERM TRADE EURUSD LONG: ENTRY : 1.1733 SL : 1.16426 TP : 1.22769 Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
EURUSD on the daily time fame shows a possible interesting setup. Its approaching the next resistance while the Stoch indicator has enough fuel left to go up forward. Only thing missing yet is the ADX green line crossing over the red line. EURUSD will be interesting to keep an eye on as it keeps climbing up. When on the ADX the green line crosses the red line its...
EURUSD on the daily time frame is looking for a break back up over the next several day. Chances are we see 1.17 and maybe even 1.18 again. Ofcourse a lot wil depend on the FED tomorow. But current setup shows a buy rather than a sell.
Hi traders! EURUSD is kind of stuck. Other pairs have moved nicely vs the USD but EUR is doing its thing right now. It wicked both ways and it is still hanging in that order block I drew from the last analysis. I see a lot of upside since EUR since to be the last one left. DXY topped MACD crossing on the daily timeframe RSI positive still Bounced off 0.5...
*Note that Draghi has a speech this afternoon so EURO pairs bring more risk today On the 4 hour and daily time frame EURUSD bounced back of a support level. For this idea I decided to use the 4 hour time frame because it better shows the volatility. Based on the fact that EURUSD bounces back on a support level on multiple time frames its a strong sign that the...
Hi traders, EURUSD swang both ways. Got sold quickly near 1.20 and got bought yet again in the order block below. This trade has a big big potential on RR. It's pretty rare that we go over 3.5:1 and this trade could be worth 6:1 MACD faked out everyone but still needs to prove it. EURUSD LONG : ENTRY : 1.1869 TP : 1.22735 SL : 1.17914 Trade safe!
Euro is bullish, time to take some profit Fibo retracement and good ratio benefit Major supp&ress
Hi guys, I mentioned last weekend that the EURUSD would have a choppy drop after last Friday's push. I didn't expect it to be quite this choppy, but there ya have it. We have a pretty clean channel on the 1 hour interval. Longer term, this pair is looking more and more bullish. Not what I would expect, but the charts seem to confirm a bullish build-up for the...