As I expected and said 2 week ago, we can expect EurUsd to correct some of the recent aggressive drop, and it did.
This correction seems to have ended and now the pair is resuming its downtrend.
1.14 acts as a strong ceiling at this moment and rallies towards that zone should be sold.
Only a break above resistance would put a pause in this scenario and, if 1.14...
EURUSD has been trading sideways and without a clear direction since last week.
Moments like this doesn't give us any decent opportunities and if you're looking for high probability trades, it is much better to wait for a breakout.
Meanwhile, we have to see what is the more likely direction for price.
In case of a breakout of 1,1335 we will expect to see the...
The price is in a downtrend. The local support level is broken and the price is trading between the two levels. I am waiting for the breakdown of the lower one under the pressure of sellers and the price drop to the support of 1.1217
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
The price is creating a bullish flag pattern.
For a better confirmation, we need to see the price moving above the flag before considering this trade setup.
The problem is that if we initiate this trade now, we can see another move down inside the flag pattern.
So just be patient and wait.
Targets:
1.1440
1.1500
Thank you and Good Luck!
✅ Potential long opportunity at the retest of engulf closed on 4hr timeframe which align just above key major level of 1.13
❌ Long bias invalidated when price trading below 1.1270
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Traders! if you like my ideas and do take the...
🎯Monthly supply in control, Weekly in a downtrend, going to make the second test of the zone, expecting it to be broken. Daily downtrend and supply zone was tested from here we are deading down, down, down....
This is a pre-plan M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at the institutional level if all conditions are met.
✅...
The Euro is likely to continue to fall. My guess is that by breaking the trend line, we will reach the first goal first and then the second goal. What do you think? Be sure to tell me your opinion.
❤️Please, support this idea with a like and comment!❤️
The Correction Trend is over . now i think EurUsd go up.
Maybe because of the Asian market crash In the near future
Or raising Fed interest rates below market expectations
As it can be seen from the chart, after reaching an important key level of 1.137 last week, the price immediately reacted to the zone and started dropping. Moreover, on smaller timeframes, a descending channel has been formed. The price has printed some nice candles and rejected the local zone of 1.131 resistance. It is highly likely that the price will continue...
From the chart we can spot a trend down
Hitting a supply zone
We should expect the market to bear more before taking a bull move
More liquidity to clear below
Unsuccessful Trader
You are trading without a Specific Trading Strategy
The main reason for opening positions for you is not clear strategy rules, but your own intuition. And even after several failures, you continue to repeat your mistakes due to the lack of discipline and the lack of a trader's trading journal.
You often over-trade and get Margin Calls...
based on pure technical analysis currently it appears to be bouncing off 4hr support heading towards resistance at 1.13630 however id wait for untill it crosses 1.1300 level for confirmation.
Last week, the weekly candle formed an bullish pin bar (Signal Bar), now this week we have to wait for a Key Bar to get the buy position. (This is a long-term analysis of EUR / USD ). If the current support is lost, we will look for a trigger for the Sell position.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️...
Price is trading in a descending channel and near sell entry level of 1.13416 which is also 23.6% Fibonacci retracement. Price can potentially dip to the graphical swing low support of 1.11913. Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it.
Any opinions, news, research, analyses, prices, other information, or links to...
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.
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