EURUSD - Signaling a Rally

FX:EURUSD   Euro / U.S. Dollar
After a serious fall, the price action is now signaling a rally for the European single currency. The Falling Wedge , accompanied by the positive divergence on the 14 RSI , will be confirmed by a breakout above the upper line. My targets will be 1.36 and 1.3630.
1.3600 was hit, scaled out and waiting for 1.3630.
I think area 1.3610-1.3615 is a more realistic target on 60 min chart. Anyway, we are in bearish bias on medium term
Razvan AdrianRotaru
You are right, for the moment it stopped under 3610 :)
Thanks for sharing. would be great if advise on SL areas? Kindly
Razvan HamedAghajani
The current low, in this situation would be a good stop. 1.3574
Maybe a different angle of of view ? I see the channel down, RSI divergence and 1,36 as a good resistance .. Bears are still in the game ..! Today, very quiet no news, who knows what the day may bring ...
Razvan xnedja
I am not expecting for the euro to get back ti 1.37 or higher, this is a short term analysis :)...i am still bearish on medium term.
xnedja Razvan
Razvan Thanks for sharing. Your analysis are very good for me, give me more self-confidence. Thank you and good luck
Razvan xnedja
I am happy to hear this. Good luck to you too :)
thanks for sharning best of luck
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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