Euro has been trapped in a downtrend for more than a year now.
It's not surprising since the fed is tightening policy which leads to a huge spread between the US and the Eurozone.
BUT, things are going to change soon. The ECB is about to raise interest rates too and it will exit negative territory by the end of the third quarter. The spread will be narrowed and...
FX:EURGBP
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
The DXY is Falling.
It's 11:37am.
The move UP has begun!
Never Over leverage.
Trust your trade set up.
Have Fun!
The Market Does 3 Things
1. Go Up
2. Go Down
3. Consolidate
Right now it's going UP!
This is the Daily.
I literally woke up like this in major profit.
I saw this move on the 15 min around 8pm.
I sniped her and look at this!
I believe it's safe to say EU has Fallen.
I believe she's dropping all day. Trade accordingly. Have Fun!
EURUSD is Still bearish in Charts. But in Fundamentals it could bethe start of EUR BULL. It is because of the news last night, please check it so that you will have your own opinion and thoughts. Also. please be careful whenever you place a trade on EURUSD.
A nice low risk high reward trade of 460 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. Fed rate hike expectations by the markets are over priced so we will se some unwinding. we expect the market to complete the wxy.
Hi Traders,
Euro pairs had a massive rise last week which now we can watch for some consolidation to form.
Keeping an eye out for a continuation upwards or if price will just correctively fall.
Follow your trading plan and wait for confirmation before taking a position.
What is your analysis ? Let's talk about it.
Thanks , trade safe!
Hey everyone I want to share may indicator signal and analysis {MJteam long signal indicator}
EURUSD
EURUSD reach 4H level and creat a 4H pivot
in this indicator if price in 1 or 2 candle engulfing blue line we can open short position upper blue line and stop loss is red line
signal line :blue line
stop line :red line
target line : green line
The euro is expected to continue to climb within an wedge uptrend pattern to around $ 1.14200.
What do you say, I want to know your opinion on my forecast 😍
EURJPY has completed a Bullish Gartley Pattern and is now trading at strong support. The current price looks good for a Buy Position with a stoploss 127.70. Targets are mentioned on the chart.
Thanks!
Best Regards,
Trade Like Pros
FX:EURJPY
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Technical Analysis Summary
EUR/USD
TREND ANALYSIS
We have 2 downward trend in red color
The wider the trend the stronger
The trends are 1 daily another one more internal
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay...
Bullish Indicators:
1) Support zone at 1.53456
2) Bullish Candle
Bearish Indicators:
1) Resistance zone at 1.56091
Plan A: One can take long position on the breaking of resistance zone of 1.56091 for the target of 1.57665 and 1.58937.
Plan B: One can take short position on the failure to break the resistance zone of 1.56091 for the target of 1.53546.
