EurUsd Long at 1.098 Tp1 1.102 Tp2 1.104 Tp3 1.106 Tp4 1.110 Tp5 1.113 SL 1.095
there exist a very steep Bearish Divergence between the price and MACD and Its Histogram, which is the sign of trend reversal. the price has already broken the low bond of the ascending parallels Channel where it was rallying earlier. price has retested the Support line and it didn't stand after the second attempt and now turned to resistance, which is a very...
as long as it remain in down trend channel it will go down i think after it complt down trend it will start to going up
4 hour signal here wouldn't hold it too long as weekly is turning bull.
See channel for specifics on this short, or the detailed analysis provided for you all in absolute straight forward wins.
EurUsd outlook - Inverse H&S, 50% neckzone has been broken, I expect a pullback which correlates with the 38.2 fib. Together with a BOF before a upwards movement. - Let me know your thoughts
The Euro has weakened and had an increased sell pressure, especially against the dollar. I expect the pressure to continue until it reaches the next major support level.
i like head and shoulders, i find them the easiest pattern to trade, spotted this one on EU
Trade Plan of EURUSD with Bias being Wait and See Look for the support at 1.18028 - 1.18010 Trade Plan 1: If Support is Honored with Bullish Candle; Take Entry for Long with SL 1.7934 TP: 1.18846, 1.19106 and 1.19756 Trade Plan 2: If Support is Broken Trigger your shorts with SL: 1.18513 TP: 1.17574, 1.17066
in Daily time-frame we see a clearly Head & Shoulder pattern. Also breaks another trend line and retest it, ready to booom! Target level is 113
DXY is showing strength and QE, Tapering, and rising of Interest rate to coverup inflation all tools will make Dollar strong in coming time. Possible EURUSD will drop to 1.12 area.
Hy trader, good mood and profitable trades ! 💲 In the 1h chart we can see a negative correlation between DXY and EXY. While DXY broke out of the falling wedge with a nice kick, we saw EXY break out of the rising wedge. In the Dollar index I see a nice bottom formation with HLs and a HH. In the Euro Index we can see a top formation with LLs and LH ! My trading...
the index is bullish toward its target @123.37 and then @124.46
EURUSD making the (ABC) move targeting 1.20 which is strong support (psychological level) before making a new (HH) DXY weakness:
EURJPY retest of 129.400, to continue bullish movement into 132.400. Due to a fibonacci retest completion and targets are 131.240, 131.900 and finally 132.400 monthly level. Euro to appreciate due to breakout to the upside of wedge formation supported by weekly level of 118.3.
EXY is at a critical turning point which will judge its course in the future. Looking at the data in the charts, it is obvious that the sellers are trying to lead the index to lower price levels. Starting from the analysis of the trend and its momentum, in the price chart on the left, there is a downtrend lately which has led to the break of the lower limits of...