*ENG* - Price breaking our 1.1900 level, we are now expecting a slight pullback and then a move to the 1.20$ *PT* - Preço a quebrar o nível dos 1.1900, estamos agora à espera de um pequeno pullback seguido de um move até aos 1.20$.
EURUSD just made a huge push to the downside showing market sentiment is to the downside. Going o be patient and wait for price to come test this lower high for a double top entry on the 15 min. Targeting a 1-3RR atleast.
EURUSD broke the key 1.1910 resistance level yesterday but lacks any follow-through. It's possible that EURUSD is currently consolidating before the next move. However, if we get a bearish candlestick that closes below 1.19 then we will likely have a deeper pullback towards 1.1750. The next few hours will probably make it clear whether we can get a bearish...
The counter has made a bullish breakout from the consolidation. It is now taking support and broken resistance, which is a powerful sign. Further, the consolidation can be interpreted as wave 4 and it is gonna make a move to wave 5. Hence, we expect the pair to be bullish in the near-term.
As expect EURUSD has slowly moved towards the resistance level. At this point, there are two possibilities: 1) Price can break the resistance - EURUSD can break the 1.1910 resistance level and continue the uptrend. 2) Price can reverse from the resistance - EURUSD can also reverse from this resistance level and drop towards 1.1700 support level. To trade...
Looking to enter on the retest of the higher high that was just broken. SL under the previous higher low, target 1-3RR.
1.1700 level is strong support for EURUSD whereas 1.1910 is the resistance level. Currently, price is moving back and forth within this tight range. However, 1.850 is also a minor resistance now and price can fall back to the support level after hitting 1.1850 this week. A strong break of the 1.17 level will lead to further decline in EURUSD whereas a break...
The euro versus greenback ended buying and selling yesterday with a powerful rise, stabilizing above the EMA50, to nullify the bearish corrective state of affairs and lead the worth to renew the principle bullish pattern, on its option to head in the direction of 1.1908 as a subsequent main station. Thus, the bullish bias can be anticipated for as we speak, noting...
EURUSD is trading above the key moving average on the 4H chart, which indicates that the uptrend is intact. The recent pullback is probably a correction rather than a reversal. As long as price stays above the support area that I have highlighted in my chart, the uptrend is likely to continue. I will be looking at buy entries between 1.1700-1.1740 support area...
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The pair is corrected down in opposition to the robust native overboughtness in anticipation of the Fed's financial coverage assembly final result. It could decline in the present day earlier than getting a brand new increase for progress. Technical facet: The worth is above the centre Bollinger band, above SMA 5 and SMA 14. RSI is popping out of the overbought...
EURUSD pulled back on Friday as USD gained some strength. However, price is still above the crucial 1.17 level, which is the confluence of the support area and the 100H EMA on the 4H chart. If EURUSD stays above the 1.17 level, then we can expect a continuation of the uptrend. However, a break below the 1.17 level will be negative for the buyers.
The Euro rallied rather significantly during the week but has given back a significant amount of gains to create a scenario where the possibility of a further decline is possible. As the EUR/USD pair finished the week a little below 1.1800 mark, after advancing in the previous six weeks and reaching the lowest level in three days. With over 381pips in our...
In my previous EURUSD ideas, I have been telling you to buy it since 1.1700 levels and I also mentioned price will reach 1.19 level( see previous idea links attached below) As you can see, price reached 1.19 level yesterday. However, it reversed from the 1.19 level creating a double top formation. If the bears can maintain their hold on this pair, it is...
Looking for some bearish into next week.
Good morning, everyone! The new week is opening with a local correction and it is obvious that the instrument is overbought. But there is no rush to open short positions, as the pair is trading near 1M trendline which is a very strong resistance and a lot of squeezes might happen nowadays: Look at the 1W timeframe: EURUSD has a remain a strong...
EURUSD is above the 100 Hour EMA in the hourly chart. As the uptrend is unbroken, the bullish may continue till price reaches 1.18. The rectangular area that I have highlighted in my chart could be a potential Buy Zone. However, if price breaks this area, then we can say that the uptrend has been broken.
GBPUSD and EURUSD tend to follow similar patterns as they correlate together I am anticipating price testing hourly support before shooting off to a weekly resistance level The 50MA will be tested and then price should bounce off of it.. I will look at the 15m chart for entry