⚫️ This currency pair is in an ascending channel, but now it has reached the ceiling of this trend, so there is a possibility of falling to the bottom of this channel. On the other hand, a negative divergence can be seen in this currency, which makes the possibility of a fall stronger. Also, static resistance causes this currency to witness a fall. But today we...
EURUSD New forecast The EUR/USD pair presented mixed trades last Friday, as it tried to break the 1.0616 level but returned to holding below it again, waiting for the bearish bias to resume to test the bearish resistance around 1.0461 as the next main target. Therefore, the downward trend scenario will remain effective for the coming period, supported by the...
It appears that EUR/USD may have reached a potential low point after being in a bearish trend for 80 days. Currently, it has closed above a recent swing level. I am patiently awaiting a breakout and subsequent retest of the channel before considering a move towards 1.07338. On the other hand, the DOW Jones is beginning to shift towards a bearish trend after 11.4...
EURUSD New forecast The price perfectly fulfills my last idea and price reached our second target +70 pip. Trading in the euro/dollar pair stabilizes around the 1.0500 barrier, awaiting a negative incentive that will help push the price to resume the expected downward trend for the coming period, which targets the 1.0440 level as the next negative station , so...
EURUSD OUTLOOK The price perfectly fulfills my last idea and price in the way to reach our target . The EUR/USD pair shows more bearish tendency to gradually approach our expected target at 1.0535, and we expect negative trading to continue to achieve additional negative targets extending to the 1.0501 areas. Therefore, the downward trend scenario will remain...
I have been waiting for EURUSD to break this short term consolidation range to give a better idea of where price is heading, im currently looking at price breaking through this resistance area and a re test to confirm buy trades.
It seems EURUSD has been in a down trend on the 4 hour time frame and on the daily, and a bearish hammer candle has formed on the weekly chart. There also seems to be a nearly 50% retracement that has occurred within the channel, which is a good indication that it may continue to go in to the direction of the trend. Assuming it does fall, then it can be said it is...
EURUSD BUY NOW 1.2249. STOPLOSS 1.2050. TARGET 1.25
EURUSD has given a breakout from its downtrend line, but EURUSD price is still trading near that downtrend line in channel pattern, so the breakout is not so strong to change long term trends. Considering this, we might see a downside in EURUSD towards the support1, as it is crossing down trendline as well, so EURUSD might consolidate at support1, but if it breaks...
EURUSD was trading in a rising wedge, also it has breakout from long term symmetrical triangle on the upside. It was trading at the support line of the rising wedge, which was a crucial support line, as it breaks the support line of the rising wedge we might see more consolidation to the downside in EURUSD. Like/Comment/Follow For More Idea Note - Trade With...
EURJPY is trading downside from its previous top in Channel pattern also it is trading at its support line so we might see some bounce back in EURJPY from its support level towards upside one can trade with stop loss with support line and trade for long side for few pips. Like/Comment/Follow For More Idea Note - Trade With Proper Risk Management System Only Thanks
You can see that EURUSD respects this daily down trend. I know this trend already tested a few times but I still think there's more to go. This is how i have planned my 1:2 risk to reward trade: First of all; EURUSD just crossed the middle of the trend. We can expect a pullback to the middle support line. If i go short from here, my risk to reward will be 1:1....
Eurusd looking more sell Support break and next trend line support 1.11 1.10 area