EUR.USD - Technical Breakdown

FX:EURUSD   Euro / U.S. Dollar
The EUR.USD is one pair on my watchlist into next week.

We have now seen price run into a strong resistance and psychological level at 1.0750 which dates back to 2015.

If we see a break and retest of 1.0750 i will be looking for opportunities to take this pair long back into trendline resistance dating back to 03.05.2016

If we see a strong reversal signal on the Daily & 4hr TF i will be looking to take this pair short looking to retest 1.0550

I will be updating this pair throughout the week.

Comment: Monthly pattern outlook.

Comment: A break and close above 1.0795 will be hugely significant.
Comment: Although we have seen a strong bullish moving pre London, we are now starting to form bearish RSI divergence.

Comment: 4hr H&S formation

Comment: Pending order now in place.
Comment: Breakout has occurred, depending on market close we will be looking to take this pair long this week.
Comment: Daily Pattern outlook.

Comment: A perfect break and retest of 1.0750, i will be looking to take this pair long into this evening.
Comment: Buy stop order now in place.
Comment: Could this be the breakout we are looking for?
Or a false breakout / bull trap.

Our pending orders are still in place to take this pair long.

Comment: Trade now live.
Trade closed: target reached: Target attained.
Comment: Updated chart setup on the 4hr and Daily TF's

Become an Affiliate:
Tp reached, another great monday! That gap plus the upmove.. So nice
+1 Reply
TomHall Klassix
@Klassix, It's always a great start to the day :-)
+1 Reply
you buy or sell
TomHall MuhammadMalikc2
Hey Tom!
Are you looking to take this pair on both long and short positions?
+2 Reply
TomHall Supertechpro
@Supertechpro, Hi,
Just long if it meets my rule to do so this evening.
+2 Reply
But 1.0750 was't broken yet
My be you mean 1.0790 ?
@Yakir, Hi, price has broke and closed above the 1.0750 level.
Yakir TomHall
@TomHall, understood
@Yakir, No problem at all, have a good day.
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