-The USD Index has reached a key resistance. -4H candle close confirmation. -High-value swing point. Cons: This appears to be a pullback so be careful with your stop loss.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance lines (1.1822 & 1.1883). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance lines (1.1822 & 1.1883). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which...
Hello everyone, eurusd is looking nice for one more short opportunity, look 15min chart in order to see price action and lets see how this is gonna play out during the week! good luck!
PAUL KRUGMAN, AN INFAMOUS (((KEYNESIAN))), RECENTLY CLAIMED THAT THE PRICE OF GOLD WAS RISING DUE TO A FALL IN REAL YIELDS, NOT BECAUSE OF INFLATION! HIS BELIEF IS THAT INTEREST RATE YIELDS ON TREASURIES AND OTHER SAFE ASSETS BEING NEGATIVE ADJUSTED FOR INFLATION IS THE PRIMARY FACTOR OF DEMAND FOR GOLD, AN ASSET THAT HAS NO YIELD, ONLY CARRYING COSTS! HE DOES...
Trading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (1.1819). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
2 basic scenarios I'm look for now, 1. Yellow - here I wait kind of movement to the target zone and after a further correction; 2. Green - which I prefer most, looks like a continuation of a down movement during which the reversal model will be completed and we can attend an up movement;
EURUSD has given a big upside movement, in channel pattern. From the resistance level of channel pattern, it has retraced toward the support level of channel pattern, by consolidating in a falling wedge pattern. As per chart pattern analysis, we might see upside movement from the current support level. One can trade for the long side with proper risk management...
Short EURUSD to 1.0620 good for around 200 pips swing trade
Wassup Traders, Euro and dollar pair are still in the triangle consolidation. I saw this week, Euro Dipped and tested the consolidation line. Price has set a new low, then it broke the DownTrend line and started a new trend to the upside. I am thinking of going long this coming week, what do you guys think?
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.0975. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.106. TP4: R2=1.1105. Set the stoploss of these orders at breakout of S2=1.095. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
My projection of EURUSD -it's just possibilities.. Break a leg!
As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=1.1065. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.101. TP4: S2=1.098. Set the stoploss of these orders at breakout of R2=1.1075. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
It has gills and all.. Deathcross can be seen to be occurring currently on the pair, this may lead to another touch of the upward trendline before movement upwards occurs. A bullish descending scallop can be seen also to have recently formed, however low the success rate.