HumbleTraders
Long

EURUSD - Bullish setup

FX:EURUSD   Euro / U.S. Dollar
226 0 5
EURUSD: 4h - Daily view
EURUSD             , as expected, declined from the highs at above 1.13 and closed the week at 1.1130. It seems that EURUSD             is approaching anticipated support at the current levels. As indicated last week, I expect this market to have another leg up from here. We could see a bit more downside towards 1.10 before the up move resumes. Daily stochs look like there could be some potential for 1.14 once again.
For bears, the price needs to come down much lower (1.07) before short positions can be considered. Perhaps 1.10 is in play first.
On a shorter time frame, EURUSD             has lots of bearish momentum. I would expect the price to drop for another bit before it will give us a good entry point for long trade.
I don’t see any logical bearish setup. Bears in positions now should keep it until 1.10.

THE NEXT MAJOR RESISTANCE IS @ 1.14 and then 1.1670.
THE NEXT MAJOR SUPPORT IS @ 1.10

Bulls @ 1.1130 or deeper at 1.10
Bears @ 1.07 or below
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
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