EURUSD fulfilled our bearish trend projection and is now near the bottom of the annual Channel Up. That is a long term buy opportunity regardless other indicators. A cross above the MA50 (4h) validates the trend change to bullish. Trading Plan: 1. Buy on the next Falling Support Low. Targets: 1. 1.07400 (Fibonacci 0.618) and 1.0850 (Fibonacci 0.5) inside...
EURJPY - 24h expiry We are trading at oversold extremes. This is positive for sentiment and the uptrend has potential to return. The trend of higher lows is located at 146.13. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Further upside is expected although we prefer to buy into dips close to the...
EURCAD remains very weak for more than 2 weeks: the pair is trading in a narrow horizontal range on a daily. Depending on the reaction of the price to the boundaries of the range, I see 2 potential scenarios. Bullish: If the price breaks and closes above the upper boundary of the range - 1.4653 level, I will expect a bullish movement to 1.4725. Bearish If the...
Cette paire semble continuer sa descente. La tendance est donc baissière.
Cette paire semble continuer sa remontee. La tendance est donc haussière.
Trade Idea: Buying EURCHF Reasoning: Ending wedge on the daily and lower end of a range. Entry Level: 0.9725 Take Profit Level: 0.9765 Stop Loss: 0.9706 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
A bullish butterfly pattern has just been confirmed on eg, the alternate ab=cd pattern confirmed the PRZ Below is the correct measurement of a valid butterfly pattern XA retracement of b point = 0.786, price confirmed that measurement, considering that b point tolerance is (+-3%) AB retracement of c point = 0.382 - 0.886, price confirmed 0.618 measurements, BC...
Yesterday EURUSD bounced from the levels below 1,0700, followed by sharp increase. The daily candle closes high, and today we’ll see the close of the monthly as well. There is still no confirmation of a trend reversal on H1 and we may see another decline. We will look for an entry after confirmation, targeting 1.0900 and 1.1100.
EURUSD is trading inside a Channel Down on the 4hour time frame with the price near its top and the 4hour MA50. As long as it closes the candle under the 4hour MA50, sell and target Support at 1.06710 on the short term and the bottom of the Channel Down on a -1.17% decline at 1.06200. If it closes a candle over the 4hour MA50, buy and target the 4hour MA100 at...
A bullish engulfing candle has formed on the EUR/USD daily chart, which could carry some weight given the technical levels of support it sits upon. Despite an intraday break below 1.0700, the market rebounded and closed back above this big round number. The 200-day EMA also provided support following an intraday false break beneath it, and it is worth mentioning...
Last week, as well as two weeks ago (see charts below) we called for a sell continuation on EURUSD after the 1D MA100 (green trend-line) broke and called for a 1.0700 target: The target was reached and as you see the price hit the Inner Higher Lows trend-line of the long-term Channel Up, similar to the Low of February 24. At the same time, on a perfect...
Price action analysis on EURUSD. Key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.07600 zone, EURUSD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 1.07600 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97400 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97400 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86500 zone, EURGBP broke an important support level and currently we are waiting for a correction in order to see a potential retrace of the break out towards more lows. Trade safe, Joe.
La tendance de cette paire est plutôt haussière et doit se maintenir. On attend à une nouvelle relancée.
Cette paire maintient probablement sa tendance baissière. On attend donc une baisse du prix.
Cette paire semble maintenir sa descente. Elle a dépassée son support.