We had a buy signal generated, a pullback to our awesome magical yellow ribbon, and now we should slowly but surely start heading up again. our technical analysis matches our buy signal generated by the system because we also have broken a major trend line and we are sitting on a resistance.
Hello Traders ! Just watching this EURUSD chart for my self in order to grab a long term trade. I think its the best point to Buy EURUSD for long term trading plan. also you can do scalping in between the zone but must be much carefull Thanks
Enter short ONLY if test of minor trend line and reversal candlestick formation. 1HR targets: 1.08672 1.08375 Daily target: 1.06765
After Europe going home today we saw 1.095x to the tick after results from French election came in as expected... a very well done to those who took option 'a' in the previous EURUSD ' choose our entry cleaning first targets in a rather swift move. Until we clear French risk completely off the table we are looking for the final exhaustion leg in Euro before the...
Beside the daily time frame the 4 hour time frame for EurUsd is also still looking bullish. So far every attempt back below 1.09 has failed. Currently the price broke out of its range with sideways moving. This sideways moving will form the foundation of the next bullish wave and also the new trading range. Trading Advice: Buy the dips (below 1.0910-1.0915
Price is now at a very strong resistance as price is just doing a correction at level 1.61 fibo, we wait for a good bounce from this area with a clear price action and we enter big short
After French Election, the results are looking good for a future pro EU president, therefore markets react in favour of EUR after the first round of elections
The EURUSD is up 160 pips so far this week after catching a bid at trend line support that extends from the current 2017 low. This is a level we discussed over the weekend as one that needed to break down for sellers to gain momentum. From a technical standpoint, the price action is playing out in textbook fashion. Tuesday’s rally put the single currency above...
We all know the French Elections are coming up, technically speaking, the Eur/Usd is on a breakout to the upside. I expect we can see it continue to rise, but will ultimately get rejected again once it brushes up against the 200 day MA (red line). I'll be long until that point, and will look to enter a short position after. SL for this particular idea would be...
FX_IDC:EURUSD As always, make your own analysis before investing. If it breaks the resistence then we can expect it to go 50 pips up and stall there for a while and maybe eventually go even higher most probably or get into reversal.
The D point is our entry price(Around 1.06) 0.764 CD=BC SL-50pips
Buy above 1.0600. Stop loss at 1.0562. Take profit at 1.0704. Reason for the trading strategy (technically): Price has started to bounce really nicely and is approaching our profit target. We remain bullish above 1.0600 support (Fibonacci retracement, horizontal swing low support, ascending support) for a further push up to 1.0704 resistance (Fibonacci...
The EURUSD once again finds itself wedged between support and resistance ahead of the weekend. It seems the additional five sessions haven’t produced much of a resolution compared to where we were last Friday. However, there is one thing we can draw from the past week’s price action. The trend line from the current 2017 low is holding as support, albeit by a...
.... and we will take that in eurusd from 1.087xx shorts , congratulations to all those in the telegram who caught the 1.087xx top and to those who have already taken profits on this and actively looking for the next leg. With bearish divergence appearing on the /dx (see attached ideas) the downside here in eurusd should be limited ; we are still trading...
After a failed attempt at a rebound this week, the EURUSD is once again trading below the 1.0635 handle. We’ve discussed this level several times recently, and it had also served as support over the last three sessions. I’ve been stalking the EURUSD since last week’s false break of 1.0825. I missed the March 29th retest of the level as new resistance and this...
There is a pretty good chance for a downtrend continuation in the coming days.