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...
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*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! Here we have one of the hottest trade that I had to draw of 2017. This is all kind of crazy! EURUSD is trying to get over that 1.20. It couldn't do it the first time but hasn't fallen much either after. This could indicate that buyers are still there support that idea. Now I had to look back in time to see that we had a order block on the weekly...
Hi traders, The EURUSD took a dip when it went over 1.20. The thing is... it broke through so this means we will see that price again very soon. EURUSD is still within it's uptrend channel. DXY topped @ 92.00 during a nice bull run yesterday but has now retrace (may have been a top) I looked in a lower timeframe (4H) and it looks like we may have reached the end...
Eurusd ready for long next move
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!
Morning outlook - EUR/USD plunges to 1.18 As it was expected, during the whole previous trading day the currency exchange rate was moving in ascending channel. At the moment, it is approaching a combined support level formed by the weekly PP at 1.1865 and the 200-hour SMA. A rebound is expected to happen even if the rate will manage to slightly overstep...
Validated confluences 1.Daily support in control 2.Support valid Resistance broken 3.Profit margin 1:4 4.No major resistance until 1.8670
Following a downtrend on the EURUSD , price has been ranging since January 2015 and formed a triple bottom, which has been validated by the recent break of the neckline. Ideal entry would have been at the close of the weekly candle above the neckline, however, with our long term goal of 1.214 we may still have the opportunity to jump in on this long trade. I...
We take more than 200 pips in the ideas posted last week Time to follow the principles of trading. Bullish Tendence and fibo 61.80% retracement. Always use stop loss and take Profit Support in 1.17700 pull back soon
On this beautiful weekly time frame I have drawn the next resistance levels for eurusd and while at it also threw in the support levels. You can see that its also breaking out of a resistance currently. Next one wont be seen until 1.21 which is actually support level from the last bull trend, the next real resistance is at around 1.27 and has been tested a few...
Eur/Usd - H4 - still see more upside potential for this pair now that it has broken multiple weekly resistance and also closed above weekly resistance. targets 1.19
Euro is bullish, time to take some profit Fibo retracement and good ratio benefit Major supp&ress