Euro is looking strong and it given break out in monthly chart at 1.19362. Minimum first target is 1.38676 and if it's break 1.16476 exit the trade.
EURUSD is still a clear buy in this trendline that I draw from a 4 hour chart. If anything happens in the next few days, then it might be this pair going up again if it plays into its trend.
-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.
I am expecting a big rally in EURUSD, 500bn euro bond deal will definitely add demand for Euro. Break above 1.1050 can lead to rally up to 1.15
Twice since 2000 the eurodollar future as pumped to near 100 and at both times the midpoint consolidation marked a bull trap within the S&P. Our current set of circumstances is unique as a third touch at resistance puts the eurodollar future above 100, which signals negative interest rates in the real world and outside the control of the Federal Reserve. How the...
Entry --> 1.1243 Stop Loss ---> 1.1217 Take Profit--> 1.1315 Risk/Reward --> 2.8 Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Please follow a proper risk management program when trading.
Earlier last week (Monday and Tuesday) we saw the EURUSD broke out of the bullish flag, only to do a retest of it during the later days of the week. After successfully retesting the upper trend line of the flag, we can now look for buys to the upside and for new higher highs. It's only the start of the week so we need to see bullish momentum and volume for this to...
Earlier last week (Monday and Tuesday) we saw the EURUSD broke out of the bullish flag, only to do a retest of it during the later days of the week. After successfully retesting the upper trend line of the flag, we can now look for buys to the upside and for new higher highs. It's only the start of the week so we need to see bullish momentum and volume for this to...
Price will come down as the rest of the pairs to go and get liquidity from the banks, use risk management. After that it will go upand continue Long movement.
Here comes Euro. The tall building failed to break the last low so it's heading for a swim above where liquidity is abundant
I haven't been the best at naming my SPX/Eurodollar posts, but it seems that this is my sixth post on the matter over the last yearish. So far my most accurate calls on a macro level have been using the movements in the eurodollar to predict what will happen with the S&P and therefor the broader market. I am going to start on the S& 500 and it is just going to...
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EURUSD setup is fairly simple. There may be early indications for USD weakness prior to the Fed monetary policy. Based on the daily chart the price is expected to target 1.1044. The lower support may be re-tested (around 1.0980) when the monetary policy is released but is expected to hold. The analysis is intentionally kept short and simple.
Hey Traders, Hope everyone is having good weekend here. I am thinking that euro dollar is going on a long for that targets indicated in the chart. Here is the setup: EURUSD Buy at 1.10806 Stop Loss at 1.10591 Target at 1.11398 Good luck
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1175. TP4: R2=1.1195. Set the stoploss of these orders at breakout of S2=1.1105. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1175. TP4: R2=1.1195. Set the stoploss of these orders at breakout of S2=1.1105. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...