EURSGD trade ideas

andrew_e

EURSGD has been travelling in Bearish narrowing channel. Any positive news outcome potentially magnifies compressed bounce. Wait for confirmation by break of channel high before entering long position

andrew_e

If valid indication of previous support found at base of descending channel, high probability of bullish retracement to centre of channel.

PAFG

Price make an impulsive move to the upside and drop back to the QML level, i expect price to rally to the upside as wave 3 after breaking the ending diagonal chart pattern

Berzerk_invest

Bullish breakout : Entry price 1.45345 Take Profit 1.45717 Stop Loss 1.45097

PAFG

price created FOZ and rejected at the qml, i expect price to move to the high before moving to the higher high

PAFG

price created FOZ on the weekly chart. and last week the price dropped to the QM level. it is expected to reject the demand level and rally to the upside

loxx Updated 

EURSGD Short on the Daily. 30X leverage. SL and TPs on the chart.

ForecastCity_World

Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4968). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURSGD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...

ForecastCity

Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4968). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURSGD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...

PAFG

Price formed FOZ and it is expected to go more down to hit the QML line before any form of rejection to the upside which will bring up a swing trades in coming weeks or month

HANSFXTRADER

Monthly: -Price is rejecting monthly lows. Weekly: -Over extended M formation. -Bullish Weekly candle. Daily: -Bullish M pattern. 4H: -Bullish M pattern. -IC.

UnknownUnicorn36429836

OANDA:EURSGD This is a short term deal! Drawn boundaries mean target. Drawn lines mean a return on price. Do not forget that you can not trade without a signal because this is an analysis. IRFOFC

abmajid91

EURSGD is in a downtrend, These levels can be traded with strict SL

abmajid91

EURSGD looks like has completed its corrective move. I will take a chance to short on these levels

mohsin_attique

Idea is to take long position since there seems to be support available at the current level.

Muneeb567

The candles indicate that the bullish pattern could continue for some time for this pair.

jeronimolopezb

Monthly: * Monthly lows * Inv H&S pattern Weekly: * Inv H&S pattern * Found a strong SnD zone Daily: * Inv H&S pattern * SnD zone alining with 61.80 * Doble bottom 4H: * Inv H&S * last daily candle could get filled

romjpn

The EURSGD pair might show a bearish hidden divergence soon, please wait for confirmation from MACD cross though. The last hidden divergence worked admirably well as indicated on the price chart. The horizontal yellow lines are showing area of support, very much respected as of recently. On the fundamental side, the ECB, while increasingly hawkish, is...