Downtrend suspected as price breaks consolidation zone
EUR just broke out of the downtrend channel. it'll likely go up and retest resistance. CPI data is due in about an hour. target will depend on the data that is due to come out. I'm long at 1.10919 will hold this long and wait for CPI data before setting target.
here is that bank level that good point to enter sell again good luck
EURUSD have been trading within multi days bullish channel - price almost close to the base of the channel but haven't tested it yet. Looking for the price to test the base as I am seeing momentum weakness here, scope for a bounce here. Trade Safe!
check this bank levels again good luck
Price action patterns always repeats itself, as a pure price action trader i have spotted the same descending triangle.We wait for the breakout as seen in the first triangle and we go short.
Gold rallied quite steadily over the past few days, as momentum weakening across short term time frames, I’m seeing scope for further sell off here since it broke the uptrend line as well. Trade Safe!
the EURUSD has been trying, for the past couple of days, to break above the $1.12656 price sealing and unfortunately the Bulls have run out of Stream. The price chart is currently stuck in a trading range as now the Selling power is mounting over Buying power. The pivotal price level is $1.11875 and all Alerts are on this breakout!
1.12 resistance level, we expect a retest around that level before this pair goes further down ! we can wait until further confirmation as French flash GDP , German gfk and import price report ahead tomorrow earlier in the morning GMT. NOTE: Do not get emotionally attached to any of your trades. keep consistency , small percentage of profits every day, month or...
The short-term picture favors another leg lower, as, in the 4 hours chart, the pair remains below all of its moving averages and with the 20 SMA extending its decline below the larger ones, also converging with a Fibonacci retracement, the 61.8% of the latest bullish run at 1.1235. Technical indicators in the mentioned chart have spent the first half of the day...
EURUSD Forex major cross pair forecast and supply and demand technical analysis tell us the only way to trade EURUSD major cross pair is selling at new supply levels created. EURUSD has been trying to break lower and it did this week dropping strongly created a nice daily supply level where shorts will be possible if there is a retracement. Else shorts at new...
Dear traders, So as you can see we expect EURUSD to go long. We think it will go long because the markt is now in a strong weekly buy zone. If you zoom in on the daily chart you can see we are now also in a strong buy institutional orderzone that’s been filled right now. It will be much clear on the 4h chart, you can see the 4h trendline is been broken en...
Trade-Ideas no. 1008 Sell EURUSD at 1.1255 Stop loss at 1.1285 TP near 1.1230 or more Breakeven at 23 pips Trailing at 30 pips.
Hello guys! Greetings from Vugar. We compared H4 and D charts in EURUSD, decided that there is good decreasing channel is created. - What should we do? * Wait for upper border of this channel and sell from the top. * Wait for the breakout of this channel to downside and sell massively. In both case we have to wait yet. EURUSD may be dangerous nowadays.