We use a buy limit order at 1721.5 Following USD inflation
EURUSD had a bullish drive up to an all time year high in January{1.23493}. A background USD strength had brought about a bearish EURUSD trend. The (1) impulse wave had been completed, followed by the (2) wave retracement, confirming an Elliot wave pattern. Although the (3) impulse wave is still yet to be completed, a bearish reversal pattern around previous...
the price is in the downtrend since last April and hitting the lowest of March 2018. As the fud is going to accept Bitcoin as a new currency and Dollar is going to die. In my opinion, it is not going to happen for almost a decade. So going long on USDCAD
USDCHF Pair still has a huge tendency of continuing in a bearish trend. The price crossover below the 100SMA also gives room for a retest. The Intraday time frame(H4, H1) shows an oversold zone in the RSI. I would most likely bet on a profit target of 40 pips away from 0.88253 and a 30 pips stop loss in the buy direction.
Wath took 131 days was achieved in just 77 days with a 20-day correction!! so now with the same speed, we will hit 10,000$ mark soon
Buy this pair once the price move above 200 EMA and around 0.61500 $ as after the ranging price is expected to move in an uptrend
Use lot size which you can afford to loss
After one correction wave price is going to move upwards
The price will go further down
If the structure formation breaks successfully go for short more than 200 pip price will fall, however target is open
wait for the price to reach the sell zone, then go short
the price of AUDUSD is at an important support level if the price takes a turn form here to expect a good long
The price is currently at strong resistance, also a triple top formation so the next wave is expected to be a downside
GBPJPY price will fall
Price is currently sitting on the trend line which was to bottom 5 months back so expecting a push up from here
Ethereum is struggling to recover above the $150.00 resistance level, following last weeks sudden drop towards the $135.00 support zone. ETHUSD bulls need to rally the cryptocurrency above the $170.00 level to change the short-term bearish outlook. Ethereum continues to have a high correlation to Bitcoin and could trade sideways until BTCUSD bulls return. • If...
The euro has started to firm test towards the 1.1100 level against the greenback as expected, following another round of weakness in the US dollar index. Buyers now need to rally the EURUSD pair above the 1.1110 resistance level to provoke a major technical breakout. Overall, buying any dips lower in the EURUSD pair appears to be the best option while the US...