EURUSD! This pair is finally getting back to its technical roots! Let's get into it. First.. when this pair topped and started retracement back toward its first support, we completed a nice Head-and-Shoulder pattern. You can see it started from the first real break of the order block right to where it went back down hard in it. Now you thinking, this means that...
EUR/USD starts new week at 1.1870 On Friday, the pair fluctuated quite intensively amid contradicting reports that the US Senate is ready to vote for tax reform, while General Flynn pledged guilty to lying to the FBI. Despite that an anticipated resistance at 1.1936 and the 200-hour SMA at 1.1860 managed to retain the rate. As a result, it is still fluctuating...
EUR/USD falls to 1.1836 amid progress on tax reform In line with forecasts, an improvement in consumers’ sentiment dragged the pair to the weekly PP at 1.1864, while the subsequent news that two hesitating senators agreed to join other Republicans to support tax reform pushed the pair even further to the monthly R1 at 1.1826. As this barrier is located slightly...
Pending Long @ 1.1860 Stop Loss @ 1.1790 Target @ 1.2020 RR Ratio @ 2.29 ---------------------- Pending Short @ 1.2030 Stop Loss @ 1.2130 Target @ 1.1600 RR Ratio @ 4.3 Do not follow the harmonic pattern i just draw it to fancy my chart. Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
EUR/USD has just broken through a MAJOR 4 Hour Resistance (blue line on the chart). The last 4-hour candle was a doji which signifies indecision and a potential reversal point. I will be watching the 5 & 15 minute charts for a close below the low of the 4 hour candle (bottom purple line on the chart) to short down to the 4 Hour Resistance (now turned support)....
I short the eurusd this time for swing trading for this raeason: 1 - can see a shooting star daily = sign of reversal 2-the eu Cpi was down that before even the oil up so much so it mean Inflation downing and is the opposiste of what make the eurusd go up by a speculation of hike rate and tapering. 3-the Cpi in US and the price of export and import was nice and...
i shirt intraday 24h at 1.1925 for target 1.1860 i trade only a pullback on a very overbought indicateur and on a pull back on old resitance this will be a legit and technical pullback and an easy trade o take some pips. For securise the trade i will open 2 trade and close 1 at 50% of my target and make a Sl to the 2nd at +25 pips gains for now if something no...
Pending Long @ 1.1675 Stop Loss @ 1.1550 Target @ 1.1950 RR Ratio @ 2.2
EUR/USD falls as Merkel fails to form coalition As the currency pair did not have any fundamental background that could justify a rapid move, it finished the week near the 55-hour SMA. However, in early hours of the new trading session it broke though combined support set up by the 38.2% Fibonacci retracement level and the weekly PP and approached the bottom...
EUR/USD halts surge amid US inflation data In first half of the previous trading session the Euro continued to rapidly advance against the Dollar and practically reached the 1.1850 mark. However, the subsequent release of the American inflation and retail sales data that matched with analysts’ expectations returned the pair back to the 55-hour SMA near the...
i short eurusd for a pullback if he need to go up more after as a legit pullback he is overbough h1 and h4 on many indicator i not see a upbeat gdp and cpi also a zew survey he up because most people sell it so he is bullish short-middle time but need a correction if he will go more up short at 1.1742 target .1.1664 open in 2 position like all time..1i will...
EUR/USD starts new week near 1.1660 Despite a positive perception of ideas expressed by the US President Donald Trump at the ASEAN summit the Dollar is continuing to lose value against the Euro in a one-week long ascending channel. Although the pattern is supported by the rising 55-, 100- and 200-hour SMAs, the upcoming rebound from the 23.6% Fibonacci...
As expected we got a nice drop on the Euro over the past two weeks, but it has finally stalled out a little here. Looking at the Daily charts we are still bearish overall but are in the middle of a drawback. On the 4 hour we are looing like we could possibly get a move a little further to the upside with all the bullish confirmations we have. I am continuing to...
EUR/USD falls to 1.16 amid surprising US data A release of better that expected data on the US ISM Non-Manufacturing PMI led to sharp appreciation of the buck against the common European currency and resulted in a breakout from two junior ascending channels. An active recovery of the exchange rate seems unlikely, as the northern is contains a bunch of technical...
Hi traders! EURUSD got smacked like every other pairs last week. Now it did the technical thing it had to do before resuming its downtrend. PA moved through the order block and touched the right FIB extension. Nothing more to say here, it's pretty self explanatory. Here's what I'm thinking : EURUSD SHORT ENTRY : 1.1648 SL : 1.17301 TP : 1.14669 Trade safe! ...
Our preference: short position below 1.1660 with targets at 1.1600 & 1.1570 in extension. Alternative scenario: in excess of 1.1660, aim for a continuation of the increase with 1.1690 & 1.1720 in the line of fire.
EUR/USD starts new week near 1.1614 In result of the previous trading session, the currency exchange rate slipped through the updated 23.6% Fibonacci retracement level at 1.1679 and, in essence, made a rebound from the bottom trend-line of a dominant descending channel. Due to absence of any fundamental data releases, bulls are likely to try to return the rate...
long intraday at 1.1625 target 1.1682 for 57 pips largely oversold down too much and fast so i expect a rebound before the US GDP and think that even the GDP come very good the first reaction is dollars will down,coz he need to tae a breath for go more up as he is oversold and its friday enter at 1.1625 target 1.1682 gain= 57 pips