Rangebound! At the moment, the EUR/USD is ranging in the $1.18 area. The bears weren't able to get enough selling pressure on the market to push below the 23.6% retracement. We cannot ignore this lack of strength, and we adjusted our primary expectation. Until we dip below the 23.6% retracement at $1.17094, we have to expect further bullish action. Target zone...
IN THIS WEEK WE ARE EXPECTING BEARISH MOMENTUM IN EU TOWARDS 1.09 NOW IT MAY BE BOUNCE FROM CR TO UPSIDE 50/60 PIPS THEN FALL TOWARDS 1.09 NOW 1.1270/1.13 AREA IS IMPORTANT FOR DOWN SIDE TARGETS THANKS
EURUSD has given a good rally after giving a breakout from symmetrical triangle pattern . As per chart pattern analysis , EURUSD has reached at the top to the rally , from Current levels we might see consolidation or small price retracement towards the downside in EURUSD. one can trade on short side with consideration of consolidation trend and after confirmation...
EURUSD has given a very good breakout from falling wedge pattern. After giving breakout EURUSD price has retraced towards the extended trend line of the falling wedge, now it is trading at very solid support of extended trend line of falling wedge and long term support zone. We might see a good rally in EURUSD from the current price level for long term trends....
EURUSD is trading in a falling wedge pattern in a bigger trend, within the falling wedge, it is also trading in channel pattern. We might see more downside in EURUSD from the current level. As we can see, the falling wedge resistance line and parallel channel resistance line overlap each other, so there is strong resistance for upside in EURUSD. We might see...
Friends, please follow & like if you find this idea useful. EURUSD retested the previous demand area. Here I'm seeing a buy opportunity here. Use the pullback to get in. Reason:- - Price is trading near a previous demand level. - Seen a good rejection. - Making Higher Highs and lows. Thank you for your support, I appreciate it. Disclaimer! This post does not...
Eurusd price action & forecast for next week, still bullish until 1.1168 / 1.131 Our Next trade buy order 1.1055/1.1067 Remember all direction need confirmation before opening
Hello traders, lets start this week with our favorite pair, EURUSD . As we can see that the pair is in its channel and is close to its breakout. The support and resistance is in higher time frame that is D1. One can wait for the pair to breakout from its channel. it will be interesting to know where the pair goes, also after breaking the channel the pair can...
You can see that EURUSD respects this daily down trend. I know this trend already tested a few times but I still think there's more to go. This is how i have planned my 1:2 risk to reward trade: First of all; EURUSD just crossed the middle of the trend. We can expect a pullback to the middle support line. If i go short from here, my risk to reward will be 1:1....
Last week it didn't hit my analysis, so I've made close look on this week prediction, all arrows will be my prediction (don't follow if it seem out of the flow) Blue fill box will be the single weekly candle (still as my prediction) but zoomed in with arrows I drawn it doesn't see gonna hit that low so that is why I said don't follow if it seem wrong, just a...
Here is the analysis shows EUR/USD breakouts it's current sell trend. Now there is a good time to to Buy trade until price @ 1.24994