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EURUSD H1: Best Levels to BUY/SELL TP +50/+100...
price is near daily support zone once again and we are looking for a local pump here like the green arrows on the chart.
Targets and resistances ahead are also mentioned on the chart with arrows and only if one resistance breaks, again local rise is ahead like the next arrow.
DISCLAIMER: ((trade based on your own decision ))
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Tomorrow we have important news for the USD.
The interest rate decision together with the press-conference that comes with it are currently the most important news for pretty much all markets.
They affect the USD directly and also the rest of the currency pairs.
In most cases, the market participants are not trading just before or during the news, but they...
The price rolls back to support. Let me remind you that the downtrend was broken earlier and the price confirmed the change in the local trend with an upward impulse. I expect that the price will start to recover from the support of 1.1296. My target is resistance 1.1376
Traders, if you liked this idea or if you have your own opinion about it, write in the...
EURUSD trading in a downtrend line
price below SMA 100 and HVN around 1.3335
price below a key level around 1.1295
MACD shows bearish momentum
so it's expected bearish movement to support level around 1.1140
My last 2 ideas on EURUSD have been bearish, and while the structure of the bearish continuation pattern continues to shift, my sentiment remains. We are still in a larger downtrend, price is struggling to gain traction to the upside, the recent strength that many were touting as the breakout indicating the start of a bullish trend has floundered.
Price has...
Hi everyone
EURUSD is moving into an ascending wedge in shorter time frames but
moving into the descending channel in longer charts. so...
if the price close below the wedge and 1.128 support level we can have short position
with the targets on the chart. if not and broke the main descending channel and 1.139
resistant level then long strategy with targets on...
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Always wait for the reaction plus look for confirmations that would be confluence with your bias. For now we are neutral but since we are on the support level then maybe we could see a rejeciton.
Lots of bear momentum
Lots of fear in the Market
Price needs liquidity though to keep moving
We'll see what happens
We shall see how candles close at 1.128 Daily Zone on the 1Hr during NY and Asian Sessions
Rejection or close below. IF we pullback up, im looking for 1.13
Price has broken out of a symmetrical triangle on the higher timeframe at a major supply zone.
I am expecting price to continue falling to the next demand zone.
Here is the play I will be taking on this pair:
PAIR = EUR/USD
ORDER TYPE = MARKET SELL NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.12700
STOP LOSS = 1.14815
TAKE PROFIT = 1.11700
EURUSD is currently in an Ascending Channel. Waiting for the market to complete the correction movement by a third touch confirmation on the support zone of the channel, to give us an impulse movement.
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
FXCM
