All my opinions are mentioned in my trading road map. If the price is unable to touch 1.09324 this analysis will canceled and the next scenario will be updated.
Macro Data in Europe is in a contraction with High unemployment decreasing inflation contraction ,Low Manufacturing and Business Confidence, Low consumer Spending Seasonality Suggests a Dovish move till 22 March on 5,10,15 year Market Sentiment is 37 % bearish Market Stuctructure Not Undestandable Price Going Below Ema
I was expecting more upside on EURUSD, but looking at the chart it looks like is going to retrace till support area t 1.080. I am not entering right now, i expect a little bounce and a retest of the resistance zone at 1.09 before the drop. I placed a sell lkimit order here
The market tested the resistance zone twice, then pulled back to the support level. FX:EURUSD is moving sideways. If you notice that the price action formed a range, it broke it only after it formed another range zone. On the weekly timeframe, we have an inside bar. I think the market might retest the middle of the range zone, which is going to be a liquidity...
With this area been very strong SUPPORT on DAILY and EURUSD gave us DIVERGANCE in this 15m time frame (thats is my reason to take this buy)
EURUSD Short Swing trad now this time frame EASYMARKETS:EURUSD
Price is falling towards a rrobust support level which aligns with the 61.8% fib retracement and the 127.2% fib projection I believe a bounce from this leve could propel the price to the upside
After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
Seeing bears this week on EU moving from zone to zone lets see
Yesterday we saw another drop for EURUSD and reaching right to the support level at 1,0866. FED is about to announce its decision tomorrow and we probably will see the next great movement. We’re at uptrend and the support zone is already reached. Upon pullback from these levels there will be buy opportunities. Trades before the news are way too risky.
EURUSD Bulish rally expected/ Long the trade based on divergence formed in the market. Will market touch to forecasted take profit price levels? what are your thoughts?
All the data of analysis shown in the chart. Price has retested our demand so we go for long now . Please follow , cheers and support for motivating me to do more analysis . Thank you guys !
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0883, which is a pullback resistance that is close to 38.2% Fibo retracement. Our take profit will be at 1.0863, a pullback support level. The stop loss will be placed at 1.0911, above a recent swing-high resistance level High Risk Investment Warning Trading...
Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.0904, which is a pullback resistance. Our take profit will be at 1.0870, an overlap support level. The stop loss will be placed at 1.0938, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
EURUSD is currently at the pivot and could potentially fall to the support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level that aligns with the 161.8% Fibonacci extension Pivot: 1.0882 Support: 1.0862 Resistance: 1.0917 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
EURUSD made a good up move then sell down. I was looking for the up, and it did go to the level given, though my target was the one above. Still there is money to be made. And we got a good perfect rejection off the double resistance level and it flushed lower. Price action looks bearish and point to further downside. I shall not fade that, though personally I am...
This pair is continuing the Bearish move which you can see on Daily chart and confirmed with Hourly chart as it is consolidating right now. This bearish move is based on new economic data that came out recently from U.S that shows economy is still strong and Inflation is high. this would certainly push the rate curt back or at least on hold until next...
Price is currently resting between weekly and daily imbalanced pricing. I'm looking for a slight decrease in price before entering @1.8600