short intraday #eurusd at 1.1060 and take profit at 1.1033 so only 35 pips but dependt your balance and lot its huge !!
the macro for euro is bad
he gain coz of gbpusd
buy #eurusd at 1.0934-37 and just take profit at 1.0970-73 intraday trade to play a rebound as yesterday for 35-40 pips easy #eurjpy #eurcad #euraud #forexsignals
much oversold,he down more than gbp but he weight much on dollars,so when dollars will in few minute,hours correct,so is eurusd will gain much as usual normally lol
this whole structure is last wave from big diagonal presented in chart in comments section, now what we see here is abc structure with a=c with contracted flat in the middle. wave c is copied from wave a which doesnt necessarily need to look like it... it depends of the news and data what deviation it will make. so im expecting some correction and another wave...
After the euro news was released we do not have a real optimistic view. Things are what they where. Nothing new. We will have to wait for the rest of the euro news today before "maybe" see something change. I expect we will continue to trade inside the box seeing EURUSD under pressure, also with small reversal push ups.
On daily bullish engulfing pattern is formed at daily support level, so we have to wait for retracement to the level and must buy after bullish candlestick confirmation. But this is market and anything can happen so follow the price action and take entry near the zone based on bullish or bearish evidence.
A definite downward trend.
All the technical indicators indicate continued declines, but you can still see interesting support in the daily graph at 1.1060, so of course, it is important to see confirmation that at least one green candle, but it is already enough for a buy signal with a risk of 3/5
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