News being dropped on the eur today got back a few lower numbers than expected and a lot of countries being on quarantine in Europe because of the coronavirus we are going to short from the 4 hour structure line which is yellow to the monthly structure which is the brown line !
EUR USD SHORT ... AMID CERTAIN COUNTRY LOCKDOWNS AND PRICE ACTION HISTORY WE WILL HAVE A FALLING OF THE EURO AGAINST THE USD UNTILL THE SCARE GOES AWAY AND COUNTRIES COME OF LOCKDOWN AGAIN
a nice and clear chart Hope it work
Euro is an internal minor wave C of a primary complex correction and is forecasted to increase 5% up to April 2020 before shooting down OANDA:EURUSD
Two continents are into a currency war - and 'nobody' knows about it, except me of course. LOL. Have a look. I start off with a 15 min time frame and look deeper into macro-economic time frames and trends. Overall the EUR has been weakening against the USD for quite a long time. The trend shows it - everybody can see it on the 3D time frame. Trend-following...
No '100% proof' analysis, my personal idea of the future of the chart. ATH has been hit and is still funnelling. Personally not thinking of a much higher hit in the future of 2020. Complete random analysis with personal view of interpretation. Comment with your own view on the market or this chart, no harm in a disagreement.
If this is a sell the rumor buy the news thing then EURUSD might bounce soon as economic data was released (for germany) and was bad, it's at the bottom of the channel too. But idk... I would not buy. Keeping most of my trading accounts in USD myself for now, since early 2018... Looks like it is about to crap itself big time. Probably a bit of hesitation...
I think price will go down, the reasons: 1. Every day we have a lot of Coronavirus cases in Europe; 2. Price cannot break STRONG resistance line on 1.0880; 3. We have Doji on Daily Timeframe; 4. Doji touched EMA 21; 5. We have Pinbar on 240, like entry point; Let me know, what do you think about this analys?
HELLO TRADERS : --The EURUSD reached the bottom of a descending channel that I’ve discussed since September of last year. --That 1.0780 area is what triggered last week’s bounce. --We can make 3 trades based on a possible bullish pattern and place the TP over the yellow --This is my trade idea, Good luck ! Follow me on Instagram : pgforextrading
Good bottom movement, fair volume convinced us that EUR/USD's last week's move was genuine so we enjoy the wave. Entry: 1.107 Stop: 1.0985 Target: 1.123 Have a good week! Follow for more!
Congrats on our previous sell. As our sell stop activated and we sold to 1.10100.. However now it pullback up to the mid resistance point.. So therefore i see a short retraction(Sell) before a long buy to 1.11800.. As long as that resistance isn't broken for a sell then buy! Please comment and share your ideas on this particular pair too. thanks!
Today I have a quite unusual stock. Instead of watching Italian football, why not watching some Italian stocks. First of all we can see a bearish trend to the resistence line (1.1185). However, at this point it could reverse. Points to consider: - There is not high volume fluctuations (price will not increase/decrease drastically) - Price quite below EMA 8 so the...
4H Chart Explanation: - Price was on an Ascending Wedge since August. - Price bounced on the Resistance Zone. - Price broke the Ascending Wedge. - Now, it has potential to move down towards the Support Zones. Weekly Vision: Daily Vision: Updates coming soon!
EURUSD is bouncing from the important zone of 1.111 , and I am expecting trend continues to go up.
With this trade setup, we're looking to take advantage of market structure. A confluence adding an additional detail of confluence is the key institutional level of 1l12. The right should (15m was valid), and no we see a nice shooting star 15m pattern before getting choppy. At the moment 1.12 is holding as resistance. We will be looking for a retracement extension...
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...
Banco Santander looking like an interesting setup for a long term trade. It has broken the downtrend and it has broken horizontal resistance. Full disclosure I have been long since 3.80. I may add to my position if it holds support at 4.22