Interesting look here on this pair, it seems like price is failing to break 1.12200 area of support, watching to see if price can break the CTL for potential longs on this pair. Watching to see how this plays out closely
Price is in a clean moving consolidation between 1325 resistance & daily support at 1305. Price is sitting on a supply level, where we can get either a break below back to the bottom of consolidation of a break higher to weekly resistance 1337 (New higher high). NFP tomorrow I will not be looking to trade but It will give me an idea on whats next for the US...
Price now making another rejection to 1.20800-1.21000 weekly resistance, & looks to be making a potential double top' after completing its inverse Head on shoulders pattern. If this level of resistance continues to hold, I will be looking for a deeper retracement on this pair..
Price has came back to retest its broken daily counter trend line, now testing daily support. Looks like now we may have a continuation to the uptrend.. FOMC meeting shortly for the US dollar, which could go in favor for this pair I will be watching : )
EURUSD is certainly in an uptrend here but currently testing strong overhead resistance from the previous high from 9/08/17 (brown line.) A pullback is expected where I will be placing buy orders. Correct me if I'm wrong but the orange fib is running from the peak at 1 to the trough at 2. The extensions appear to cluster with other resistance levels in the...
We are in a bull market on this pair, price came back to make 1.20200 resistance now support, & rejected off the 50 MA. 1.22000 the next region of interest (Higher high) : )
Price close below top trendline, expecting a possible slight retracement to broken resistance turning into support...
Based on the macro and fundamental analysis of the US Dollar, I'm personally holding a bullish bias for 2018/19. Price may not rally straight from here, but I would rather look for buy opportunity for the longer term, and would be more aggressive in taking profit for any short trades. I will be following up and tracking this thread regularly throughout the...
Price unable Break Median Line, High Probability Reverse to Lower Line
Break below support line would indicate bear market in the dollar. Gold should therefore outperform to the upside.
Price has been correcting higher since late 2016 to the whole of 2017. Going into 2018, I'm bearish bias for this pair with a potential major drop towards 1.1890 area. I will be following up and tracking this thread regularly throughout the year. Make sure you follow this idea to get notified whenever there is an update on this idea. Have a great trading year ahead!
Price made a clean break of the wedge pattern since I last posted moving over 250 pips.. Price made a weekly closure above monthly key level 1300, I am now expecting a touch to the 38.2 fibonacci before a continuation up.. 1305 is acting as a level of resistance, but with the momentum as it is can easily rip though & continue higher. Gold looking to continue...
Finally price broke out of consolidation thats been going on with this pair for some time now.. Now I am looking for an entry on the retest of broken daily support at 1.26600 (Retest) before price continues back lower to create new lows !
Price is due for a higher low now back to daily weekly support, before another move to the upside
Price broke & closed above 1.20000 daily resistance, I believe price will still head higher to complete the daily inverse head on shoulders pattern at 1.20800 resistance.. Bulls are in charge
Price breaking below its head & shoulders neckline, a daily close below will send this pair to the 91.30 ish area ...
Breakout confirmed, price rejecting an area of resistance currently, could see a potential retest before a break higher to the upside first target 1300 Monthly resistance, then a break of that will send this pair to the 1330ish area