Phenlx
Long

EUR/USD possible uplift in coming week?

FX:EURUSD   Euro / U.S. Dollar
79 0 4
EUR/USD             is building a bullish flag (blue) in a descending trend channel. The upper Trend reistance of the bullish flag is confluencing with the bigger bearish channel (red).
Two possible scenarios.

1. EUR/USD             will rebound on upper trend channel and hence will offer some good short entries
2. EUR/USD             will break through the upper trend channel and create some nice demand for a long entry.

I will focus on a Long set up.


Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.


Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
Update status
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out