eur/usd try short near 1.0940/50 wait for 1.0720 long
Last post for 2015. Merry Christmas & a happy new year. Back strong for 2016 traders. Potential shorting opportunity if prz is tested. Price currently around some previous structure area. Pattern actually shown on more than one time frame. PRZ* at @1.0974 - @1.0987 SL @1,1040 TP TARGET 0.382 FIB RET @1.0900 - @1.0917 (Price could possibly test back to B...
Looking a little top heavy I like a short from here down to around 1.0864 for a first target , Invalid if breaks up
I expect lower EUR/USD due to hike rate from FED by 25bps and generaly weak fundamental view on EUR together with QE program active. Technicly i saw potential Wyckoff distribution and broken triangle. Be very careful when buying EUR/USD and watch for potential selling opportunities. Intraday TP at 1.0800. Major short term TP is around 1.0570. Best Regards, Petar
EU might go in short waves to form the rising wedge to meet the main downtrend.
Looks like a continuation of the Euro down-trend is in order. I don't expect this correction to go past the 1.095 mark.
BEARISH FLAG (Green) + WEAKLY BEARISH CHANNEL (Grey) = BIGGER LOWER LOW (Target = 0,8000)
Breakout accrued followed by test to the neckline.
Hey Traders, Here we have a potential Bat pattern on EUR/USD on the H! timeframe. It is very close to completion so i thought it might be good if i can push this out before it hits entry levels. Targets as always will be the 38.3 of the AD leg and Stops above previous highs. Like always if you have any questions, comment below, follow us on social media...
Double bottom (well many bottoms), upward trending range, one bullish doji on friday supported by yesterday's strong bullish candle, buying opportunity targetting the next meaningful resistance level
If you listen to the rhetoric around the Euro you would think the currency was crashing: EUR/USD keeps the bearish view – Scotiabank EUR/USD visits fresh lows post-US data Most of this negative Euro-rhetoric is more about the USD than the Euro. While the Euro has had some significant negative days, the currency is slightly higher today than it was one month...
We're still left with a lot of uncertainty as to when, and if, the Fed might tighten. While a rate hike in October or December isn't off the table, it could easily be pushed to the beginning of 2016. This depends on how US and Chinese data appears going into the end of the year as well as how stock markets perform, as any additional volatility spike could...
Rsi==says sell+butterfly says sell Option A Short @ 1.1310 TP @ 1.1220 SL @ 1.1360 Option B (Due to Fed stuff) Buy @ 1.1370 (if butterfly invalidates) TP @ 1.1470 SL @ 1.1270
Here's a chart that I find really interesting. I only now realized that the failure below $1.17 three weeks ago shows up at a pullback on a historical trend line that the euro break back in January. I would like to wait for the FOMC statement this week and see if this chart can help continue justifying a long-term bearish bias on EURUSD. Right now, I see an upside...
Revised US GDP figures turned out to be a lot more bullish than analysts had expected. The economy grew at an annualized rate of 3.7% in the second quarter, much stronger than the 3.2% rate markets were expecting, instead of the originally estimated 2.3%. Thus, GDP is now estimated to have grown by an average 2.15% during the first half of the year, even after the...