🔰You see the analysis of the Euro against the the New Zealand Dollar in One hour ( EURNZD , H1)❗️🔎 🔰SELL EURNZD at 1.59400 ✅TP ; 1.56000 ❌SL ; 1.60300 🔰As is evident from the image, the price moves in a flag pattern. Considering the presence of the price in the resistance line of the flag pattern (white downtrend line) and the supply range (purple) the...
there exist a very steep Bearish Divergence between the price and MACD and Its Histogram, which is the sign of trend reversal. the price has already broken the low bond of the ascending parallels Channel where it was rallying earlier. price has retested the Support line and it didn't stand after the second attempt and now turned to resistance, which is a very...
Looking the EURAUD daily chart and of course using top down analysis approach. I see a scalp long with 1:2 ratio target. The price action has clearly established a reasonable support level with vertical and horizontal confluence. What do you guys see ??? Please leave feedback in the comment below:
Description : As you can see, a downtrend can be seen. At the same time as the dollar starts to rise, we should see the decline of other currencies against the dollar, and it is less likely that the wedge will break. And we probably have to wait for important support to be touched.
Wave (5) seems complete, EURAUD may now be headed for a bullish impulse.
If we see oil breakdown further we could expect eur/cad to make new highs, as usd is weak, euro will be stronger. backing fundamentally this technical set up.
Based on the chart outlook, We were able to count a complete double zig zag Elliot wave corrective structure on EURAUD, this suggests that an impulse wave will resume in the bullish direction so far the confirmation level is attained.
Downtrend till trend line breaks. Confirmation is vital
In this video I reveal what I believe is happening in the EURO. I lay out what to expect next and various trade ideas. Please see related Gold ideas below. Please LIKE and FOLLOW to get notification of updates and future posts.
Good Day Everyone! Made some analysis regarding EUR/USD. Color Legend: Purple - Monthly Blue - Weekly Red - Daily Green - 4 Hour White - 1 Hour To get "straight" to the point. First look on the daily is showing us a strong Up trend, confirmed by a cross of the 200 EMA. Now ideally we can wait for a re-test of that area, the Daily closing candle is a Inverted...
Euro has a big potential to go up DISCLAIMER : This content can change at any moment
This my analysis on euro on daily bases . The euro right now is not to buy or to sell. Euro is in a range if he break resistance he will go up and if he break support he will go down .
long eurusd near 1.1015/1.0965 sl below 1.0900 for the single Target1.1576 Just Trade with proper risk mangement Thanks
We're at a crossroads on EURUSD, with recent pops on the pair one of 2 things can happen. A break out higher to 1.14 or a drop back down to the 1.105 level. We'll make the case for both below: 1. Bull Case: Currently, the daily candle is long and strong with no or very little wick, meaning the buyers are strong on the move. It broke above the previous...