eurusdprediction

MARKET ANALYSIS: As we can see from the current market scenario the pair has broken a long consolidation which was lasting for the past 30 months has been broken. Now the market is moving towards the next possible supply which is accompanied by a a long term descending channel resistance. As we can see from the 4hr chart the market is making a good higher high ...

Sell below 1.1746. Stop loss at 1.1782. Take profit at 1.1617. Reason for the trading strategy (technically): Price is right on major resistance at 1.1746 (Fibonacci extension, channel resistance) and we expect to see a reaction off this level for a drop towards 1.1617 support (Fibonacci retracement, multiple swing low support). Stochastic (34,5,3) is seeing major ...

Beware Seller, its time to Trap people who sell, market is very unforgivable lately. 1.17 - 1.18 consolidation area soon! Good Luck Trader! MUST READ, This is your Final Chances!

Sell below 1.1715. Stop loss at 1.1750. Take profit at 1.1617. Reason for the trading strategy (technically): Price dropped perfectly from our selling area yesterday. We remain bearish looking to sell below 1.1715 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to at least 1.1617 support (Fibonacci extension, horizontal ...

Sell below 1.1693. Stop loss at 1.1722. Take profit at 1.1583. Reason for the trading strategy (technically): Price has formed a really strong bearish reversal sign below 1.1693 resistance (Fibonacci extension, horizontal swing high resistance, bearish price action, bearish divergence) and we expect to see a further drop below this level towards at least 1.1583 ...

Hey Folks, Thought about sharing this idea to you all of what my plans are for the following months. More upside in the EURUSD and at some point we will finally have the bearish impulse down to the 78.6-88.6 retracement area from the last rally in Monthly chart. - Hey Chicos, Pensé en compartir esta idea de cuál es mi planificación para los siguientes meses. ...

Sell below 1.1658. Stop loss at 1.1690. Take profit at 1.1583. Reason for the trading strategy (technically): Price has started to drop really nicely from our selling area. We prepare to sell below 1.1658 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to at least 1.1583 support (Fibonacci retracement, horizontal pullback ...

MARKET ANALYSIS:The pair has broken the triangle resistance with a major gap up. We can enter a long position to a key target of the next major resistance level near the 1.14300. So lets wait and see what the market does in the coming days. Cheers!

Sell below 1.1583. Stop loss at 1.1617. Take profit at 1.1491. Reason for the trading strategy (technically): Price has risen a lot since yesterday and is now testing strong resistance at 1.1583 (Fibonacci extension, swing high resistance, bearish price action, bearish divergence) and we expect to see a reaction off this level for a drop to at least 1.1491 support ...

On this beautiful weekly time frame I have drawn the next resistance levels for eurusd and while at it also threw in the support levels. You can see that its also breaking out of a resistance currently. Next one wont be seen until 1.21 which is actually support level from the last bull trend, the next real resistance is at around 1.27 and has been tested a few ...

Sell below 1.1691. Stop loss at 1.1736. Take profit at 1.1583. Reason for the trading strategy (technically): We remain bearish looking to sell below major resistance at 1.1691 (Fibonacci extension, Elliott wave theory) for a corrective push down to at least 1.1583 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing major ...

Targets for EURUSD highlighted in green

EURUSD - Price has made new higher high , new higher low expected to be made which aligns with 38.2% fibonacci retracment and will be 3rd touch of ascending trendline if price brokes bullish flag then would give more bullish confluences on this pair.

Our preference: position bought above 1.1435 with targets at 1.1475 & 1.1490 in extension. Alternative scenario: in break of 1,1435, a continuation of the decrease will be envisageable with 1,1410 & 1,1380 in line of sight. Comment: The RSI is mixed with a limited bullish bias.

Sell below 1.1485. Stop loss at 1.1511. Take profit at 1.1419. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We prepare to sell below 1.1485 resistance (Fibonacci extension, horizontal swing high resistance) for a push down to at least 1.1419 support (Fibonacci retracement, horizontal pullback ...

Suppose we have EDT in micro 5 wave of macro "C" wave. Anyway downtrend or deep correction. All the targets, you can find on a screen.

2 Big critical zones for EURUSD, i will wait until we arrive in one of there zones to take any trades. Subscribe to my youtube channel if you haven't already ;) https://www.youtube.com/channel/UCqCPVo_mwXK5XEr-QP8_TQA

This trade is very interesting. We are looking at a war between the bulls and bears since we went near that monthly resistance. Until it can stay above that line on the daily timeframe, I am suggesting a short with a nice RR. For more details, look at the analysis above. Trade safe!