Possible long opportunity if we get another pullback into my sweet spot fibo zone.
OANDA:EURUSD Buy the pullbacks for long #EUR #USD #dxy
Looking to trade up through this price gap EU. I will take money off the table early though and trail the balance if momentum builds.
Amazing trading activity today. I got out of my short on EURUSD with 2R profit as ECB lowered interest rates to be even more negative. Absolute madness if you ask me, but I will trade it happily, while I buy physical could. Anyway, right after I was out of the trade EURUSD rallied higher forming a huge engulfing candle. I will be looking to trade this countertrend...
My last analysis on this pair was right and now EURUSD reached 1.11 support/resistance zone. With this move the price has broke out the H4 chart downtrend line and arrived to 38.2% fibonacci zone. On this level the RSI is high(70%), so i think the price don't break this resistance for first try, so we can wait a little reduction before the breakout. If the...
Today I share this little trade setup for eurusd. It is based on different observations, indicators and retracements. This is not trade advice.
- Will be looking for moves long during London - Trade inline with the DXY (quick post)
EU is painting inverse head and shoulder pattern on smaller time frame. CPI data is about to release. keep an eye on 1.1120 level. a breakout above this level will confirm H&S. also, keep an eye on CPI data and open long position based on that.
Looks like a place where things can happen.
Here's my limit buy order for EURUSD 1. Entry: 1.13591 2. Entry: 1.13510 SL: 1.13420 / 14 pips TP: 1.13945 / 54 pips RRR: 3.85 Disclaimer: This is not financial advice. Trade safe Atilla
The daily chart show us a double bottom, and we can see the price was on downtrend, but the price break the trend line, and we can see the backtest. I think the price will going up to 1.16
Good morning, Looks like the EUR is finally out of its 10 months descending wedge, reversing its downtrend. What is helping the EUR finally push out? Could it be the political turmoil in England over Brexit? The US -China -Mexico dispute? None of this truly matter, its already priced in and all we have to do is look for a good entry and a good exit. I shall...
A short term day trade in the EURUSD market. Analysis is in the attached note.
EURUSD has been sitting at the perfect spot technically, supported strongly as price bounces off strong trend line channel made off bottom in October 2000 and June 2001. Connected and then mirrored lower, formed a clear and strong channel, which EURUSD is certainly respecting it to the point. We will see demand in the EUR currency over the summer and trade is...