For the long terms (daily or weekly chart), we can see that EURUSD is bearish, yesterday, the price dropped from 1.1300 zones, and created a fresh new supply level, that supply, can Be the sign that the long terms bearish momentum is continuing and it’s a time to look for sell position, also, the divergence between MACD indicator and the price is back to be...
Recently due to the news from EU euro wenr down. Now we can see a corrective Elliote Wave, where wave 1 is already done, wave 2 is in progress, so we have a reason to wait for the wave 3 down. In addition, there will be some news about EU at Monday, so it's highly likely we'll see another strong wave down. I suggest to put a buy stop order under the end of wave 1.
Hi guys, as over previous setup worked very well on eurusd as over other posts,what we see here next is that the pair may head a little more down from now so be ready to see some more downward moves in upcoming time.
Location : Eurusd H4 chart
BEst OF Luck
"Trade At your Own Risk"
If you you want to learn how we do it just Dm Us Here Or Any Other of Over...
EURUSD has been down side the most of the year 2019 and previous year 2018
so it is very difficult whether EURUSD is complete making the reversal yet since last time down it is down low
so I think it is 50/50 that it can reversal here soon
so we should lets wait and see whether EURUSD pair is still going down or not this week
It's Good Friday and most major banks are closed for trading including London and Germany.
Since there won't be much volatility, the market has been making retracement throughout both Asia and Euro session.
So I just wanna revisit the last 2 pairs which are by far proceeding as per plan.
Gold: Retracement towards 1284 - 1287 supply zone to sell.
The technical cross-section**:
A strength of trend: 0
The priority area of transactions: buying
Selling in the area of 1,1300 with a stop above 1,1340 and a profit in the area of 1,1220.
Selling in the area of 1,1390 with a stop above 1,1430 and a profit in the area of 1,1310.
The purchase in the area of 1,1210...
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
The euro currency continues to weaken against the US dollar on Friday following yesterday’s much weaker than expected eurozone manufacturing data. The EURUSD pair is intraday bearish while trading below the 1.1250 level, with critical support located at the 1.1175 level. Technical indicators on the daily time frame are also showing that selling pressures are...
yesterday the number of USD report Core Retail Sales and Retail Sales turn to be very well done
resulting in the drop dead of EURUSD
it is the first day move only
so we can expect that at least it will go down to the bottom safely
before decide to up retrace or more downward move
if you like my analysis please help to like and follow
The EUR/USD currency pair on the 4-hour time frame has been following a downtrend recently. The price slides to the weekly low of 1.12273 on 18 April. The price action in the EUR/USD in mainly driven by the strength in the US Dollar. Euro dropped more than 100 pips against the US Dollar in 2 days before making a recovery attempt. The recovery attempt seems weak,...
The symbol is about to reversal near the trend line and the support level (about 125.597) . SL most be below the support level about 125.565 and TP #1 is about 126.277 and TP #2 is about 126.759
Risk/Reward Ratio is for TP#1 1:2 and for TP#2 1:4