EURUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURUSD Entry Level - 1.19866 Stop Loss - 1.19456 Take Profit - 1.20481 Our Risk - 1% Start protection of your profits from lower levels Please, support our analysis with like and comment!
As you see, the price has reached its resistance level , my prediction is that the price could not break this level and will fall down.
#EURUSD 16 04 2021 I would like to remind you that yesterday we expected the price to fall from the 1.199 resistance zone and as you can see today the price really reversed from this resistance and showed a slight fall. After the price showed a strong increase from the 1.170 support zone, where the level, the lines of 2019 and 2007, and the turn line of January...
EURGBP after the òast impulse is consolidating below a strong resistance level. The market is moving between an ascending trendline and the stricture creating an ascending triangle pattern. According to Plancton's strategy if the price will break above we will set a nice long order. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
EURUSD - Intraday - We look to Buy a break of 1.1995 (stop at 1.1976) Daily signals are mildly bullish. Pivot resistance is at 1.1990. A break of bespoke resistance at 1.1990, and the move higher is already underway. Short term bias is bullish. We look for gains to be extended today. Our profit targets will be 1.2049 and 1.2079 Resistance: 1.1970 /...
Prices are facing bearish pressure from 1st resistance in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down further towards 1st support in line with 78.6% FIbonacci retracement and 61.8% FIbonacci retracement. If prices push past 1st resistance, prices might face resistance from horizontal swing high resistance which...
Latest Developments: April 15 – Employment for March saw the unemployment rate fall to 5.6% from February’s 5.8%, while employment change printed at 70.7K; although, this was largely a result of the part time component as full time employment printed at -20.8K. April 6 – At their April meeting, the RBA kept the cash rate and 3yr yield target at 0.10% and asset...
Latest Developments: April 14 – Spain’s coronavirus cases increased to 3,387,022 (+10,474) while Italian cases increased to 3,809,182 (+16,157) and French cases increased to 5,149,834 (+43,505). March 17 – Final HICP for February remained unchanged from January at 0.9% Y/Y; although, Core HICP was confirmed at 1.1%, compared to January’s 1.4%. March 11 – At...
Latest Developments: April 14 – The UK’s coronavirus count increased to 4,378,304 cases (+2,490). March 31 – GDP for Q4 printed at 1.3% Q/Q and -7.3% Y/Y, revised from 1.0% and -7.8%, respectively. The report published by the ONS also noted that household savings for the quarter grew to their biggest ever level. This is supportive of recent comments from the...
Latest developments: March 14 – The RBNZ left its OCR unchanged at a record low of 0.25% and asset purchases at NZ$100 billion as expected. Once again, the RBNZ kept further easing on the table and reaffirmed their commitment to easy policy, stating that prolonged stimulus would be needed to get employment and inflation to desired levels. March 17 – GDP for Q4...
Strong support, double top pattern.
Head and Shoulders Target one: buy 0.78500 Don't forget to look the economic calendar. THANK YOU! GOOD LUCK!