Anbat
Long

EURUSD 1 Week Chart for rest of April {my opinion}!!!

FX:EURUSD   Euro / U.S. Dollar
63 0 4
Buy looking at EURUSD             weekly chart, you can connect trend lines down (blue) which gives you a narrow sideways channel for last 8 years around.. This gives you a global perceptive on this pair, instead of a microscopical 1 minute chart one. What do you notice on this chart?
- Price action has went above both EMA 10 & 50.
- Price action has been in an uptrend for this 2016, so far.
- Bulls or buy traders still control this pair & in my opinion for rest of April.
- RSI trend line triangle is still intact with increasing price action, which should break out of top of RSI triangle soon.
- Yes, to me A -B-C or correction waves for last several years appears to be done.
*For safety & money management, I will be looking for trades with trend or upwards for next few weeks, with this pair.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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