Hi Traders, EURUSD may be setting up for a potential expanding flat, in which case the target should be set structurally at 1.0944. Please note that during the holiday season, the markets are observing very thin liquidity so most brokers will widen their spreads. It is therefore important to trade cautiously and apply risk management. Regards, Wave Theorist
On my last post , I was talking about reading data coming out of China that they have agreed to Phase 1 of ending the trade deal with the United States. I do not know if this is why pairs moved down against the USD friday or not , but it seems likely! Maybe! I read some news on FxStreet! Anyway, we got another big bear pinbar on another Usd Trade... Eur/Usd! I...
Hey traders, Just a simple pinbar spot on the H1 for EURUSD at S/R. Bears are beginning to push price down let's see if EURUSD can fall further.
Hey traders, Per my analysis yesterday I stated that if EURUSD could break the orange shaded area I would be short. I see a continuation of the move downwards for EURUSD in line with the overall trend. After a strong NFP, it looks like the US economy is still chugging along. Simple price action and analysis.
Hey traders, Here is my analysis on the EURUSD, we had a bearish doji close two days ago. Price has now retraced back up. If price can push back down past the orange shaded area of S/R then I will have a short bias. We have the overall long term trend on our side as well. Simple price action and analysis, manage your risk, have a 1.5+ risk to return ratio and...
Hey traders, Another eventful day with the FOMC minutes being released today but not really adding any volatility or liquidity to the markets. On the H1 charts for EURUSD it seems like price is currently ranging. Once price makes a break to either side that will confirm my bias. Overall trend is still down so I will be looking for a break out to the...
EURUSD , all set to break now, ready for short sell , Proper target ans stop loss is mentioned in the chart. Take trades as per your own risk reward. Thanks !!
Hey traders, This is my analysis on EURUSD on the daily time frame. We had a inside bar close today representing some indecision of buyers and sellers. If price can break the low of the inside bar I see a further move to the down side. Simple price action and analysis.
Hey traders, Here is my analysis of the EURDUSD on the H1 Charts. EURUSD was in a bullish move upwards last week, but the long term trend is down. We see price action of a bearish pinbar at the Support/Resistance I have labeled. I predict that bears will continue to push price down to further lows. Simple price action and analysis.
Eur/usd , Downtrend is there on the charts , one can take short and hold for a good. It has broken the upside channel before only but one who missed the right entry can take position here also for short so keep the quantity less because stop is little far. Trade based on your risk - reward .
Not like so many people. i believe downtrend still in process. there is nothing i can call bull on d-w-m charts or no channel break out. we will see next week. have a nice week and high gain.
EURUSD has pulled back into the 618 fibo zone for a possible trend continuation intraday trade opportunity.
Hey traders, Here is my analysis for the EURUSD on the previous week and possible scenarios for the upcoming week. Last week was a busy week with the FOMC interest rate decision as well as NFP on Friday providing liquidity and volatility to the markets. From a very fundamental S/R perspective I have labeled 4 areas of concern on the charts. As you can see...
Hello Traders, A breakout to the downside was seen in EURUSD, and thus a trade was taken with stop loss of 85 pips just around the previous high and a take profit of 200 pips just around the previous swing low. A start of a downwards momentum can be identified, thus further supporting this position. Have a lovely day! Riverfront Capital
Hello to all watching my charts. Here as example of EURUSD i will try to show you the manner of trendchange and falling below support. 1. Trendchange To check what is a trend you will find these more basics in my ebook on my website soming soon. Its always happens in these manner: In the longer time review a trend is maybe still valid, Butt the things which...
Hello to all watching my charts, Back here in the forex market i am check the EURUSD and we do have a nice situation here, 20.10.2019 In my shorttime system ( turkis green) we are SHORT now BUT the pairs has climbed just back in the LONG midtime channel (blue) So maybe that has been soomethin of a fake brakeout short, We have to wait whether it stays in...
Daily analyse: The biggest box is the actual struggle zone where the euro can fight. The upper box inside of the big one is the place where the market is likely to reverse down "if it goes so high". Looking to the indicators and the trend, the eurusd is likely to continue it's move down. This is not trade advice.