Another one for the forex traders or fiat currency traders.
EURUSD is bullish on weekly as we are currently at Entry for Long Orders,
Then based on this Timeframe, you can execute long orders at current price, i took my entries early but market might correct a bit back to entry.
We have just finished or completed correction, and about to continue going up from...
Hi Traders!
During yesterday’s session we saw strong bearish pressure on the EURUSD pair in stark contrast to our view. Having said that, the trend has returned bearish on the intraday chart, but during today’s session we do not rule out a reversal or at least a technical bounce, let’s see what will happen during the last weekly session.
If this does not happen...
FX:EURUSD price currently reaching a perfect buying key area where we expect price to bounce and continue the bullish trend up until it hit out 'take profit'. If you like our idea then please do consider liking the idea or leave comment. Good Luck and Trade Safe.
EUR/USD has displayed bullish characteristics over the last couple of weeks.
- We have reach a high in the market @ 1.095.
- This high was made after a bullish A,B,C,D pattern aka (Trend).
- In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085.
- We currently have made a bullish pin bar...
Hello, according to my analysis of the EURUSD pair. The market appears that it may break the Double Bouton pattern if it breaches the support area at the 1.09100 level. We may see the 1.08700 level in the first stage. And the price is 1.08400. In the final stage. Good luck to everyone
Pair : EURUSD ( Euro / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement
RSI - Divergence
Break of Structure
Falling Wedge in Short Time Frame
as EURUSD had an effect over NFP lastly now its working around its strong support level as it broke Resistance become support and also taking support on this level we will be buying this pair
Hello Traders!
I see a good opportunity to execute a long trade on EURUSD, I see that the price took the old lows and I expect a bullish move until the FVG. Attention, this is a risky trade.
Risk/Reward profile seems better going long, however, expecting pull back. This is a short-term trade using 1hr charts.
Short entry set up potential, but waiting for confirmation of a pull back AND a trade set up that favors a 3:1 reward/risk profile.
Trade is contrarian to current sentiment (73% Short).
TREND ANALYSIS:
1W - Uptrend
1D - Uptrend, but...
FED Rate tomorrow could spark the volatility I need to long. They almost always happen in areas that are overextended from the structure (white lines). You can't have the next big move without the liquidity.
All my opinions are mentioned in my trading road map.
If the price is unable to touch 1.09324 this analysis will canceled and the next scenario will be updated.
After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
Hi Traders!
From a technical point of view, the trend is bullish on the daily chart and channel breakout should confirm another bullish leg in the short term, so the next session will be very important, let's see.
Last week we followed the EURUSD pair on intraday chart, are you interested? Click on chart below:
Trade with care
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EUR/USD broke below the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-hour chart dropped below 40, highlighting a buildup of bearish pressure.
On the downside, a strong support area seems to have formed at 1.0870-1.0860, where the 100-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the...
