Hello, traders! EURUSD may fall after hitting the horizontal Resistance level of 1.0820 NOTE: Take next week news under observation. A big surprise in news could devalidate this analysis.
- My draw on price is the PWL - I believe EU has priced in HOTW yesterday - For context GU has taken yesterday's high so EU should protect it - My entry is at the London highs
After getting stopped out, EURUSD went all the way through previous highs. Right now price has approached significant level. I am looking to short at 1.0315 my stops above 1.03690 and targets below parity. Use proper money management, all the best. This in my opinion is a massive liquidity grab. Look out for false breakouts to the upside.
I am shorting EURUSD at 0.9838 I am currently waiting for price to hit this level. My stops above 0.9867 my targets below 0.9647. Use proper money management.
Look out for a strong push up on EURUSD towards 1.0078 level this will be a false breakout. This is a great place to short. Your stops above 1.0152 and your targets at 0.9658. Use proper money management.
Sell eurusd at 1.0137 Stops above 1.0233 targets are below 0.9914. Use proper money management
Or may it dips even lower ,, are we going to see those tasty 93 level ,,,,, it depends ,,, let's see what the européen union gonna do regarding the russian ukrainien war !! is it going to take DRASTIC DESSIONS ,,, OR ... to be continuos !
EUR Gave us a falls breakout to the upside yesterday, probably to get more buyers buying at the current price. However as I mentioned before OANDA:EURUSD has to take out the liquidity below 1.1800 zone before any significant bullish move to the upside. So as we see this is a sell to buy scenario. Use proper money management.
Looking at yesterdays false break out to the 1.1600 area I can confirm that the price is headed down. I expect price to bounce off 1.1550 and 1.1500 area before any pull back. Use proper money management
1.) Price is in the monthly/weekly supply zone. Price has had trouble breaking this zone and I think price was just consolidating and gathering momentum to make a bearish push. 2.) Price formed a double top, after an uptrend. A double top formation at the end of an uptrend can signal a potential reversal. 3.) After forming a double top, price then broke the...
Short position EURGBP below 0.8720, targets at 0.8680-0.8660
the pair is completing a complex corrective cycle labeled as W,X,Y, which in my opinion can be already done and we will start looking to short the pair from current levels. however because of the US Elections today im assuming there might be a more Complex scenario that can push the euro higher to an extended wave (X) before falling down. thats why i will be...
The EURUSD gor rejected from 100% fibonacci level near 1.1880. at the moment the pair retraced to trade near 61.8% critical level if broken and we witnessed a 4hrs candle close below 1.1820 we might see further momentum for the downside. potential finishing a W,X,Y wave might take euro dollar to new lows belo 1.1600 level. lets not forget the bearish monthly...
Remember that in yesterday I make a technical analysis of this par, we see that this par wan't to change the trend, also remember that in macrotrend as weekly or montly we are in the higher zone of possibles sellers and supply zone. This is a weekly panoramic and we see that Euro is weakness!!! We are in this distributtion zone from the year 2016 Now, for...
Looking at a trend continuation trade market currently within my kill zone looking at initial targets at 0.88143 with extension targets at 0.87001
EURUSD stay on high of flat. Right now it can go down to low flat level - 1.1302. I think - its preferred situation. Near 70% probability. Or after breakout flat highlevel and retest it - you'll see retest :) - EURUSD can go higher to 1.1859 - 30% probability.
The 12 hour shows the Euro at a support level. However, there is pressure on the dollar to the upside. I believe that a 1.15 is in order over the next 5-10 days. See related charts.
Eurjpy marked an engulfing pattern on a monthly chart, one of the best simple techniques to determine a trade. i suggest to wait for a pullback so that stop loss would be acceptable. shorts may be targeting 118 at first then 113. good luck!!!!