Will be looking for entries in the next 12 hours of trade, to short to downside target's I will provide later. Keep in mind the daily candle is about to print and spreads will be high. No one should enter a trade solely based on this chart right now, or ever.
READ ABOUT THE STERLING'S FAILURE IN THE 1960s AND THE EURODOLLAR SYSTEM! PETER SCHIFF AND JEFF SNIDER WILL BOTH BE RIGHT! THERE IS A HUGE DOLLAR SHORTAGE, AND IT IS SO GAPING AND OBSCURE THAT THE FED's SOLUTION WILL VAPORIZE THE DOLLAR!
After successful BAT A very big bullish Shark pattern: Hi folks, hope you are doing good. In my previous article on September 2019 I predicted that soon the balance between Euro and US dollar in the Forex market will be changed. As euro had formed a complete bullish Shark pattern against the US dollar pair. Before this Shark pattern we can also examine that from...
We currently broke out of a descending trend. I believe we will retest previous support in the 1.099 area if we can hold this major support at 1.077 area
With an entire year of liquidity ahead of us we can finally remain back to normal. However with the increase in unexpected geopolitical risk, we've seen metals, oil , and a general risk-off sentiment seen by the market. We can now trade with the expectation of normal liquidity as major smart money and institutions are back online.\Make sure stop loss are in place...
EDIT: GRRR.. dunno why charting is coming up all messed up in publication: ^ chart above -- volume surge / RSI confirms bullish parabolic analysis. Great opportunity for EURO esp. with Boris Johnson's hard brexit looming around the corner -- if you're a patient man/woman; I'd highly recommend this entry as it will def. be a considerable amount of time...
After formation of BAT pattern priceline of Euro / US Dollar famous forex trading pair has formed another harmonic bullish Cypher pattern and entered in PRZ area to hit the sell targets soon insha Allah. Even thought B leg is retraced upto 0.307 rather than 0.382 fibonacci but rest of the pattern is behaving as required perfect cypher therefore I am ignoring this...
For those who like to scalp, here's a risky one. I'd wait until all the timeframes are aligned for minimum risk, but you might catch a small correction here, remember to move your stop-loss closely as the risk is high, from my perspective.
Due to political dump falls in major pairs, market will be heading back to its position. As per my chart analysis, i can see a Long move in EurUsd Open Trade: 1.1225 TP 1: 1.1272 TP 2: 1.1312 SL: 1.1189 Book your profit with proper money management
EURUSD stay on high of flat. Right now it can go down to low flat level - 1.1302. I think - its preferred situation. Near 70% probability. Or after breakout flat highlevel and retest it - you'll see retest :) - EURUSD can go higher to 1.1859 - 30% probability.
Falling wedge with bullish divergence on a 2h tf
After a lot of weeks of decline and sideways, there is a potential for Euro to grow up! When we look on the chart we can see a really strong bullish divergence on MACD and RSI also. The market is doing every time a new LOW but indicators are doing a higher lows. There is a possibility for Euro to rise again (mid-term). We can see 3 strong divergences and it...
Signal: Sell Limit 1 - 1.17300 Sell Limit 2 - 1.18600 Take Profit - 1.15050 Stop Loss - 1.21150
Morning outlook - EUR/USD anticipates ECB meeting Despite a release of better than expected US purchase orders data the currency rate did not manage to bypass the 55-hour SMA and soared in the opposite direction. The main drivers that pushed and are continuing to push the pair to the top are expectations on the upcoming ECB meeting. On the one hand, the currency...
The technical situation on the main currency pair has not changed. At the moment a small advantage is the demand side, which is trying to once again lead to break the resistance level at 1.12. However, increases are limited, as the market awaits Tuesday's readings, which may be the signal for a stronger movement. If you receive readings support the European...
Today there was a false breaking. We returned between 1.08 and 1.0945. Another day of consolidation. If you do not beat the 1.09 and 1.0945 it is possible to return toward important support at 1.08. Breaking resistance 1.0945 will open the way towards 1,0980-90.