if reject from 1.66500 we can take a long position
EURUSD - Intraday - We look to Buy a break of 1.2051 (stop at 1.2032) Daily signals are mildly bullish. A break of bespoke resistance at 1.2050, and the move higher is already underway. Short term bias is bullish. We look for gains to be extended today. Our profit targets will be 1.2108 and 1.2135 Resistance: 1.2050 / 1.2080 / 1.2100 Support: 1.2020 /...
EURUSD - Intraday - We look to Buy at 1.2002 (stop at 1.1981) Daily signals are mildly bullish. Short term bias is mildly bullish. We look to buy dips. 50 4hour EMA is at 1.1992. Trading close to the psychological 1.2000 level. Our profit targets will be 1.2065 and 1.2085 Resistance: 1.2050 / 1.2070 / 1.2080 Support: 1.2000 / 1.1990 / 1.1950
EURCHF - Intraday - We look to Buy at 1.1009 (stop at 1.0991) Daily signals are mildly bullish. Trend line support is located at 1.1009. We look to buy dips. The trend of higher highs is located at 1.1060. Our profit targets will be 1.1058 and 1.1078 Resistance: 1.1030 / 1.1050 / 1.1060 Support: 1.1010 / 1.1000 / 1.0990
Eurusd has break the resistance, wait for retest and go buy. Stop Loss 1.19360 Tp1 1.21000 Tp2 1.22200
BULLISH FOR THE PAIR: 1. Market reports: German Manufacturing and Services PMI beat estimates, Business and Consumer confidence are rising. US PMIs and Consumer Confidence are also up, but the USD is currently more focused on yields and risk sentiment. News: Accelerated vaccination efforts in the eurozone to support the EUR against other currencies. Risk...
EURAUD is trading in up-channel pattern price is based above key level at 1.5520 Above SMA 100 RSI is in uptrend we r waiting price to exceed next resistance level at 1.5605 to open long trade It's expected to target upper limit of up-channel near level 1.5720
EURUSD - 1HR Support: 1.19925, 1.19645, 1.19460, 1.19225 Resistance: 1.20725, 1.21005, 1.21350, 1.21420 Pattern: Wedge How to trade this idea: Once it breaks key support or resistance areas and re-test the area of support/ resistance for confirmation then take the trade to the trend that is taking place. Key tip: Trade what you see, not what you think. Try...
EURCHF after the recent highs at 1.11500 is moving in a range between 2 weekly structures. The market tested the 0.5 Fibonacci area and now is moving around the 0.382 above the support. If the price will break below according to Plancton's strategy we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...
Mainly, we are looking for trades based on the trend. That's why we love to see a decent trending market. There is a good opportunity on the EURGBP. Now we have a confirmed uptrend on the hourly chart - higher highs and higher lows. The support zone is at 0,8646-67. Once we see another upside move, we expect price reaching 0,8721 and 0,8755. As an extra...
Prices are facing bullish pressure from 1st support which is in line with horizontal swing low support, 100% Fibonacci extension, and 78.6% Fibonacci retracement. If prices push up further, prices might face resistance from 1st resistance which is horizontal swing high resistance in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. If prices fall...
Everyone thought I was crazy for selling short EURUSD after the H4 bullish close at 9AM durning NY session. It was a perfect strom. They wanted to go short but they left an area un balanced knowing they'd need to fool retail. Looking for a minor correction and further downside. The stage has been set.
Looking at the weekly chart, this pair has room to run southbound, but that depends on today's closing candle. If this pair takes out yesterday's low.. vroom!! vroom!! Happy Trading folks! Cheers!
According to the fundamentals and yesterday's hawkish tilt from the BOC the expected trajectory for the pair is tilted to the downside. Apart from the overall fundamental bearish backdrop for the EUR and fundamental bullish one for the CAD, the BOC's decision to project a faster rate of policy normalization by bringing forward rate hike projections to 2022 from...
Good morning traders, today we will analyze a potential bullish opportunity in EUR GBP, since it is at a critical level, and there is the potential for our situation to resolve in our favor. First, we must clarify why we are looking for a bullish opportunity. 🔸If we analyze the macro context, we see that in the daily chart the price is trying to penetrate a...
$DXY is reaching the key support level and the projection higher could be triggered after today's ECB meeting. EURUSD is being rejected by the 1.21000