Pending Short @ 1.2750
Stop Loss @ 1.4100
Target @ 0.9500
RR Ratio @ 2.41
EURUSD in a bullish momentum at the moment you can look long on small time frame. In my opinion if its pull back from current market price 1.2030 to 1.1700 than its a good opportunity to go long with stop loss below 1.1560.
Trading involves substantial risk of loss. I'm just providing...
Dear Traders and followers
we are looking for diagonal pattern this may be a final wave, So buying this pair is limited.
lets see what happend ECB President is going to hold a meeting .
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team
Morning outlook - EUR/USD under pressure from moving averages
By the end of the previous trading day the currency pair had expectedly made a breakout from a short-term symmetrical triangle. The only difference from similar cases was that it did not choose a clear direction but, instead, continued to move horizontally.
However, today this flat movement is...
Dear Traders and followers
we are still looking for buy but after a sell position eurusd pair is still in consolidation.There may be possible entry for buy from the price of 1.1765 to the price of 1.2130. but first of all we must go on for short for limited pips.
Note: Everything works with Best money management.
Note: Please leave comments for any query....
Morning outlook - EUR/USD plunges to 1.18
As it was expected, during the whole previous trading day the currency exchange rate was moving in ascending channel. At the moment, it is approaching a combined support level formed by the weekly PP at 1.1865 and the 200-hour SMA.
A rebound is expected to happen even if the rate will manage to slightly overstep...
Dear Traders and Followers
we Are going to long this pair to the prescribed level and will wait for a perfect price action then take a decision.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team
Dear Trader and followers
As we are observing that eurusd resume its trend for uptrend. First euro will rise to the price of 1.1980 from this level there is a possibility that euro will fall to the price of 1.1893 . Reason to fall may be a divergence.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer:...
EURUSD has been in a downtrend / correction from year 2008 and has fallen about -35.02% since then.
I believe EURUSD is in a short covering mode and will resume it's downtrend after it meets the key supply zone at 1.23040 to 1.20422 which is the trend line on the upside as well as the horizontal resistance line or both (confluence).
The RSI easily confirms the...
reaching 2016 highs, see no real fundamental reason for a trend reversal but the current bullish trend seems unstable, I say short and take profit before the longer terme support zone
this long down bar supply coming in is a good weak signal to show a reverse in the trend, it would go to test the latest high, after we got supply coming in, we got directly 3 bars no demand in a low volume and it's very good!
It is just your personal desicion if you win or lose, be careful and follow your own Strategy and System!
to visit my Facebook page:...
Following a downtrend on the EURUSD , price has been ranging since January 2015 and formed a triple bottom, which has been validated by the recent break of the neckline. Ideal entry would have been at the close of the weekly candle above the neckline, however, with our long term goal of 1.214 we may still have the opportunity to jump in on this long trade.
I...
Our preference: position bought above 1.1435 with targets at 1.1475 & 1.1490 in extension.
Alternative scenario: in break of 1,1435, a continuation of the decrease will be envisageable with 1,1410 & 1,1380 in line of sight.
Comment: The RSI is mixed with a limited bullish bias.
This trade is very interesting. We are looking at a war between the bulls and bears since we went near that monthly resistance. Until it can stay above that line on the daily timeframe , I am suggesting a short with a nice RR. For more details, look at the analysis above.
Trade safe!
Our preference: position bought above 1.1380 with targets at 1.1420 & 1.1440 in extension.
Alternative scenario: in break of 1,1380, a continuation of the decline will be envisageable with 1,1360 & 1,1340 in line of sight.
Comment: A support base on 1,1380 formed and allowed temporary stabilization.
