EURUSD heading to psychological area 1.17500 - 1.17600. 1.17600 may be the best target as it coincides with the trend line and fibonacci retracement.
EURUSD broke up the short term down trendline, i am looking for buy to see if my bullish idea proves right to make me money this week. I am expecting targets 1.1855 and 1.1931. If you have your trading strategy, consider buying. Trade Safe!
EURUSD is technically very strong on monthly chart. It has taken support at 1.15300-1.15200 levels for 4 weeks. Consolidation may get over this week and we can expect good upside movement for upcoming 3-4 weeks. Risk only 1% per trade.
My last call for long Euro still in, whilst looking to build the position now as EURUSD had an expansion bar in London session, i am expecting that the upside is likely to continue till 1.1950, looking for buy setups here whilst trailing the stops with green line tracking below the price bars. Join my webinar this Sunday for a $50k to $115k trading challenge that...
Euro just broke out today-i am looking for a pullback to get long position for potential target to 1.1950, whilst stops below 1.1505. Still larger degree picture is bearish-ST momentum indicators just turning so i want to give it a try if it works for me. Happy Trading.
EURUSD broke out the trendline and still trading below it, momentum indicators are suggesting for the downside to continue to revisit the lows around 1.1510. So i am looking for sell setups around 1.1600-1.1590 for a target to 1.1510, whilst stop above 1.1629
Start after breakout level 1,183 (upper range SZ tf D1) to the level 1,193 (bottom range of the next SZ tf D1)
Hello Traders, Another good buying opportunity on EURUSD as the DXY slumps. It's a short term buy so if it fits your strategy, it is trade-able for short term and then we might get a good opportunity to sell from the top. It's not a trade setup and i don't trade until i see if it fits my strategy. Good luck!
EURUSD is a clear example of when to do nothing and sit on your hands waiting for the right opportunity and imbalance to trade. The daily chart is creating new supply and demand levels, therefore there is no trend, in a trend an opposing imbalances is eliminated, in this case, both supply and demand imbalances are being created Not touching this Forex cross pair.
# Manage your own risk and reward. :)
EUR/USD slides towards 1.20 New trading week the common European currency started with depreciation against the American Dollar. The downward movement was partially driven by a one week-long inverse head and shoulders pattern and partially by a recent bounce off from the two-year high located at the 1.2093 level. However, today the plunge most probably will be...
EUR/USD rebounds from 1.2005 New trading session the currency exchange rate started with a rebound from alleged support zone located between the 1.2005 and 1.1992 levels. Until release of information on employment change in the United States the pair is expected to spend fluctuating in a two-day long junior descending channel whose boundaries are covered by the...
EUR/USD sneaks below monthly PP As it was projected yesterday, an attempt of the currency exchange rate to reach the 1.1866 level was neutralized by the slipping 55-hour SMA. Accordingly, the Dollar continued to appreciate against the Euro. The only difference is that this downward movement led to transformation of a descending channel into the falling wedge...
SInce the false break out on our trend has reached our previous low price just to retest before entering our channel again without a bounce. Such cases people who traded the breakout would be hurt, thats why as a pro trader, you DO not trade the breakout, but you wait for the retest and however if there were no retest, then we would procceed on entering the trade...
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)....
BUY breakout of channel after bounce from 0.5 Fib retracement from original move up. FX:EURUSD
EUR/USD trades near 1.16 amid Chinese data release In line with expectations, the currency exchange rate continued to move in southern direction under pressure from the 55-hour SMA. A short dip below the weekly S1 located at the 1.1573 level as well as the subsequent recovery signified two confirmation points, thus confirming existence of a fully-fledged junior...