We will see, EU break the support or not. At daily chart, bear still dominant than bull.
For the past few weeks, I've been mostly focusing on the eurousd. Just an idea
EurUsd UPTREND on Developement If you want to follow wait until price closes and holds above 100 EMA It´s never a straight line. BIG profits to you ALL!!! ----- I am grateful to have been taught by God and myself on trading. My money grows everyday.
Selling Eur/Usd on breakout fib retracement 61.8%. looking to find new low or at least 161.8% on projections fib line. Fundamental: Not really much changed last week. We stay short on EURUSD for longer period of time. We still believe that rate cuts will not come that fast, on top of that Europe starting new program to boost ecomony which wil influence euro on...
My prediction is bearish for euro/usd .you can take profit.channel optimized on bad news for euro and this prediction based on technical and fundamental techniques.
Quick plot to observe EU after FOMC rate decision. "Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth...
EUR/USD, Technical analysis & Best place to open entry - What to do the next
EUR/USD failed to surpass the 50 SMA around 1.121 two few days ago and fell to lowest level since May 23 and just few pips away from YTD lows. The technical picture remains bearish, as long as resistance trend line around 1.126 remains intact. However, on the daily chart we have double bottom at around 1.1105-1.1110 which is holding the bearish continuation of...
As per our previous prediction, EURUSD had some good correction, Now its again ready to move upword so we are opening a long trade Buy EURUSD @ 1.1188 T.P @ 1.12821 S.L @ 1.1185 Do your trade with proper fund management
I will open buy when the price will confirm a fake broke of 1.6123 - Key level 1.6123 - The price moved down 2 ATR - Potential profit in 5 times bigger that a risk
On the long run, Eurousd is downtrend on higher time frames daily and above, however, on 1hr time frame the bulls look good to shoot the market up for a while. A break of trend line and a retest could open up a 20--25 pips profit.
4H After price touch and retest our psychological zone a lot of buyers push the markets upwards If price can break our speed CTL we might see and continue of bullish momentum if we touch and retest the CTL we might see an pullback before going straight upwards at 1.14120
Looking to take up a long around this level. A close below the previous swing low will invalidate the trade. Will take profit on way up if trade goes in favor
Euro is trading in a bear trend well below its main moving averages and oscillators in negative territory which indicates more downside pressure in the days ahead. After failing to recover beyond 1.133 resistance it is now trading near 1.125 approaching 78.6% fibo level of the recent up move. In my opinion it may retest the recent trend line near 1.13 figure but...
It looks it has more to go down, but we may correct in this range more, so it is tricky.