EURNZD is trading in long term bearish trend. Now it has develop very strong bullish divergence at demand zone. Will EURNZD shoe some bullish move from this important area of value ?
Will EURJPY respect the falling trendline and give it a 2nd pivot along with Fib golden ratio ? Is EURJPY still looking good for more downside?
EURUSD was trading in strong bullish trend. After the retracement Will EURUSD break range and test the previous high?
Is EURJPY going to repeat its pattern ? Will EURJPY head towards the bottom of channel?
Is EURCAD again getting ready for another bullish attempt.? Currently it is getting support from bottom of channel where RSI is also oversold.
Is EURGBP still under the pressure of long term declining trendline? A HnS under declining trendline indicating it is heading downward. A successful retest and rejection from 0.8800 area will further indicate a down trend.
EURCAD is moving in bullish parallel channel and multiple times tested the lows and highs of the channel. Now after it goes up and Retested the horizontal Resistance level so now it seems more like bearish biased And It is heading towards the low of the channel which is also a strong demand zone.
Bearish Indications • Resistance Zone at 1.06428 • Seasonal Analysis show EXY remains Bearish in January 60% of times. • DXY is in a Bearish Trend on Weekly time-frame. • Gartley’s XABCD the point D indicates a reversal in the Zone of 1.06428 to 1.06605 • Monthly Seasonal analysis shows DXY remain Bullish in January 60%. • EXY remained Bullish in...
EURO INDEX Dow Analysis of Euro Index suggests that it has broken down previous downtrend structure. Made a low of 95.68 in Sep22, successive higher lows have been made at 102 & 105.
EXY break major support and tends towards to next support for breaking it. Strong Twizzer Top spotted at Major Resistance. HAPPY TRADING FOLKS!
EURUSD - Intraday 9pm UK expiry - We look to Sell at 0.9814 (stop at 0.9880) The primary trend remains bearish. A bearish Head and Shoulders is forming. We look for a temporary move higher. Resistance is located at 0.9800 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 0.9667 and 0.9600 Resistance:...
Harmonic pattern has been completed, Targets are shown on the chart.
DXY AND EXY FORMING H&S PATTERN , DXY DOWN - EXY UP! WE MIGHT SEE THE EURUSD STRENGTH VERY SOON.
It seems that the dollar index is completing the bearish bat pattern. Target seems a bit exaggerated but anything is possible.
as you can see i am bearish on this pair and i expect price fall possible channel can be form just like what i draw on chart we can enter trade after breaking the trend line and the blue zone
personaly i will buy eurusd till 1.07 and then 1.09 but if you want best area to buy you can wait retest to down zone 1.04 - 1.05 then buy eurusd
The price action appears to contract on the macro level but if we take a look at each swing from a geometrical point of view we have so many textbooks events that lead me to the idea that we might have finished something here and we are going back into the contracting area which eventually we'll reach the apex when we decide which way we are going in terms of...