(Prediction 11) (Currently at +20pips)
You have 61.06% chance of earning 20pips and 55.86% chance of losing 20pips within the next 24 hours.
Entry price: 1.10891
Take profit: 1.11091
Stop loss: 1.10691
(This applies to timezone UTC+8 21 Jan 2020 10am to 22 Jan 2020 10am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
EURUSD bounced off 1.10785 where it could potentially rise further to 1.12465.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
We have a nice bullish candlestick in the daily chart at the support region I mentioned in my previous chart.
So, this gives us a bias to go long.
I will be looking for Buy trades between 1.1075-1.1090 with SL below the second support.
Traders can take profit at 1.1150 and 1.1230
The eurusd is still in the down channel but manages to stay above the 200 moving average line.
Stochastic and RSI Both of these indicators are already very low which usually means we are nearing the end of the declines.
We expect the EURUSD to drop and stop on the 200 moving average line at 1.1065 and then come back up
Target: 1.1140
ANALYSIS ON EURUSD
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the EUR/USD pair.
- Price below 200 day EMA.
- look for sell signals.
- possibility of 1 more move to the downside.
- Watch 1.10700 for Take Profit (TP) if going down, Also look for buy at this stage.
- MACD showing hidden bullish divergence
Long term i am expecting move...
Seems sellers have low power and we can have a strong uptrend on EURUSD till 1.1130 $ or 1.1190 $ ...
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments
also, you can ask me questions...
Hello! 1.117 area touched and we had immidiate rejection back to 1.113 area.
Now price sitting at trendline 1.109
We could still go to 1.107 support area before buying again, my target will be 1.113
EURUSD approaching support at 110796 where it could potentially rise further to 1.11229.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
We saw EURUSD break bearish towards the end of last week. At the moment, this pair is showing potential to continue moving bearish. I have marked a point of support where price may find support, retrace to retest before breaking lower. I have marked our potential entry, stop loss and take profit levels.
Excuse my poor English brothers, I push myself for you. So try to understand and watch this analysis until the end! I believe that you will get too much value from it.
You can see the previous analysis below.
Hope you enjoy it!
-mecZpasha
