This was signal in VIP Group we took yesterday with the immediate rising of the quotations. Right now, we are fully closed on the pair. No more interest in taking a long entry.
I see a turn on the 1H pattern looks like it may switch to a short momentarily to fill in the W pattern.
EURUSD has a Neutral trend I would wait until it passes key resistance, or continues highers.
In my previous prediction I saw a buy opportunity while the overall trend is still bearish. I mentioned a bullish shark in the structure. On the other hand my Daily and Weekly stochastics analyse are both showing that the bearish move is maybe not over. I made 2 entries long but using a tight trailing stop which were stopped out both with a couple of pips in my...
I divided the current situation into three boxes. The middle box is neutral. If the price breaks above and can stabilize in the upper box, then that is somewhat of a small indication or a first step to see eurusd rise further this week. On the contrary, if the price breaks and stabilizes in the lower box, that is a small indication that the market remains weak...
Hope all of you have had a great week trading so far. I haven't looked at this pair in a while but on the chart I have painted a picture of both bullish and bearish scenario's. Now with the current fundamentals coming tomorrow with EUR and USD, expect some volatility and mostly a bullish price in short term. The reason I say this is because EUR bulls are still...
EURUSD price has arrived to the 1.141 support zone. This support is an important zone. Breakout situation forming, because the price make double top again, with lower high like January 10-11th, and the price respecting the 20 day MA. If the price break the 1.141 support zone with an impulsive wave open short. The price can bounce from this zone(look at...
FOMC news caused a spike to 1.1800s area then back to familiar area 1.1730s WARNING: One lesson i learned when i started trading while working as an AI Quant and HFT Algo trader ( 11 years now as Quant & Trader) 1. Never under any circumstances believe or trust any FX or Technical Analyst at any cost. They are simply "trash talkers" with historical perspective...
Today, the price met a multi-month resistance level at 1.2000 and finished the day rejecting the highs. EURUSD Trading Setup The daily candle that printed on the chart is a pin bar. There was a strong bearish reversal during the US session. The intraday chart is also showing some signs of weakness. The 4H chart topped the day with an inside bar. I am expecting...
Hello traders, Today we want to share with you our FX_IDC:EURUSD perspective as it currently flirts with a very decisive zone at 1.05. Currently market flirts again with the 1.05 level as it seems to be a very desicive level for the market weather new bearish sentiment will kick in or not. Current fundamental important facts to consider: France latest...
EURUSD major levels of resistance: 1.0850 (Fibonacci retracement, horizontal pullback resistance, bearish candlestick rejection level) EURUSD major levels of support: 1.0435 (Long term Fibonacci projection, horizontal support) 1.0350 (Fibonacci projection, bullish candlestick reversal) EURUSD technical indicators: Stochastic (21,5,3) is seeing major support...
EURUSD is still trading below the upper level of the resistance area. Now this pair is near to break this level. So we can wait for successful breakout and then buy on this pair. If we find any bearish candle on h4 time frame from this level, then we need to sell on eurusd for short time. Intraday bias of eurusd is still neutral.
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
The recent strong strength of USD pushes EUR/USD lower near to the support zone. If the support zone was broken, it might move down all the way near parity (1:1) If not, the price might bounce back from the current support zone. We will keep monitoring this pair and waiting the right timing to entry.