I hold a point:Good charts does not more words to explain! Good luck!
EUR/USD retraces 61.8% of YTD rally and recovery begins We had a close below the 50d SMA, and that is bearish; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first. Gl and remember this is only temporary, the euro is collapsing.
We see the price will move upwards from 1.0560 level and reaches to the 1.13000 with extended impulse - Best of Luck !!
EURUSD, Waiting for Short TP then I will open pos for Long TP1 and TP2
I hold a point:Good charts does not more words to explain! Good luck!
Sell below 1.0711. Stop loss at 1.0758. Take profit at 1.0623. Reason for the trading strategy (technically): With the break of our long term ascending support-turned-resistance line, we turn bearish below 1.0711 resistance (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a drop to at least 1.0623 (Fibonacci retracement, recent...
I think EURUSD will go up to 1.094. Buy EURUSD @1.07 SL 1.06077 TP 1.094
THIS IS MY ANALYZE ON EURUSD SHORT TERM AND LONG ONE ! AFTER NFP RESULT AND UNEMPLOYMENT RATE THE PRICE DIDN'T MADE A BIG MOVE LIKE IT WAS SUPPOSED TO SO IN THE CHART WE SEE BREAK OUT AND RETEST AND ALSO HEAD AND SHOULDER FORMATION SO I AM GOING SHORT ON THIS ONE ... TRADE WITH CARE AND RISK MANAGEMENT
divergence with market price and momentum. market price is holding this level but momentum is bearish so there is a bearish divergence. on a break below the 1.0777 zone and a retest of resistance we should see price start to begin going bearish toward the 200EMA (blue)
looking for a push up to the 1.079-1.08 zone for a short. If we see a push up to that level without momentum and MACD following it I would take it as a stop hunt and look to short it after a fail to close above the trend line at 1.08. At this point a short down to the 1.069-1.07 zone would be very possible
It is in a steady upward channel on 4h, recently broke through a pretty strong resistance and key level at 1.07. I don't see the trend line stopping it from continuing bullish and I believe with a weakening DXY we could see the start of a steady and long term overall bullish move from EU
EURUSD major levels of resistance: 1.0850 (Fibonacci retracement, horizontal pullback resistance, bearish candlestick rejection level) EURUSD major levels of support: 1.0435 (Long term Fibonacci projection, horizontal support) 1.0350 (Fibonacci projection, bullish candlestick reversal) EURUSD technical indicators: Stochastic (21,5,3) is seeing major support...