Already running a long on this since 89.000 but if not in the trade this retrace offers another chance to enter. Price is now at 0.618 Fibonacci and this aligns with previous structure so if this rebounds from here it is a good long entry. Target remains 92.509 as in the previous post for this pair. SL can be just below 0.786 Fib
This is at a support level which has previously seen this reach the top of a range between 92.500 and 94.000. Before entering any longs we need to see MACD rise above 0 which would suggest this is returning to a bullish trend. Also EMA's cross for long will help confirm this further. If these indicators are confirmed then target is 92.509 with SL just below the...
Broke support level, looking to sell the retest or if it comes back up and hold above that level, look for longs. OANDA:EURUSD
Hello everyone, this is next update on eurusd as it's apporaching our buy zone which ~40 pips away. I will be looking at price action at this levels to get into long position. We have 50% fib, onetoone formation and retest of previous high. This indicate that we may see a stron support at those levels. This information is not a recommendation to buy or sell....
I will not be taking this trade, but a clear support and resistance has formed. It is just an idea. Do not risk more than you can lose.
I have been holding this trade for a while now and now will be adding new position as opportunity opens up. 4.7 risk reward with 11 pips sl This is not a financial advise and do not risk more than you can afford to lose. Should I go more in-depth in my analysis or leave it as it is. Please drop some comments
Hi friends. I cant see any strong bearish positions now. Long continue from investing points at 1.2110. And my opinion target for bulls - 1.2187 strong resist level. Levels thanks to X-lines script.
Hi friends. Lets look at EURUSD chart window. Too small volumes satisfy upper by prices. We have big volume of investitions under 1.2110 and nothing can be obstacle for price growth in near time. Levels thanks to X-Lines script. Follow me.
1.2050 support /1.2340 - resistance is the target
This has formed a support level at the current price area. This is a good entry point with SL just below the lowest low, TP is at -0.272 Fibonacci which would be a new all time high.
EURAUD made a higher low and formed a double bottom pattern and fixed above the resistance of the pattern before market close, indicating a continuation of buying pressure for the week ahead. I entered when I saw a reversal happening at the 1.56 support zone and our position is +17% in profit so far. In addition, the market is finally above the ichimoku cloud and...
THE EUROYEN PAIR HAS GIVEN US A PERFECT PATTERN.
Hi guys. So EURUSD show small downward way to 1.2110. But it's a strong support price. And when we going down pair have big volume of purchases by exchange. So my opinion long will be. I mark all interesting prices on the chart window. And show what cind of money management to use. SL at 1.2080. TP: 1.2213. Follow me.
Hi friends. Today Forex and EURUSD chart. We have long downward tendention that stop now. And its stopped by purchases under 1.2145 what showing modified "Earned" script. Levels thanks to X-Lines script. Follow me.
I believe the bulls will maintain control and drive the eurusd price to 1.236. Support @ 1.213 Please do your own t.a, manage your risk responsibly, and stay safe. Thanks for hitting the like button! Wish you a very happy and wealthy new year! Let’s get it!
Price broke through the channel's resistance before rejecting it at a later point as a retest. Expecting price to make a move to the upside from this point on. Backed by the fact that for whatever reason, through thick and thin, the Euro seems to never lose steam. Momentum on higher timeframes is extremely bullish, so that's also where my bias lies.
I believe the price is bullish and is headed to 1.232-1.242 I believe a decision of continuation or rejection will be made at 1.232. Support: 1.210 Resistance: 1.232, 1.242