EagleForexTrade

EagleForexTrade

Dear Traders, #EURAUD are facing bearish pressure and a break below our downside confirmation could trigger a further drop. #EURAUD_Sell @ 1.54593 I SL-1.54900 I TP-1.52716 If you like & enjoy this Idea/Analysis, kindly press the FOLLOW & LIKE button and support us! Thanks!

EagleForexTrade

Dear Traders, The AUDUSD uptrend that began last November looks tired. I wrote about the possibility of a head and shoulders pattern, and my stance on that hasn’t changed. However, like any topping pattern, we need confirmation. For the AUDUSD, that means a daily close below the 0.7650 region. That would confirm the bearish reversal pattern and expose...

EagleForexTrade

Dear Traders, I continue to think GBPUSD put in a false break in late February. That could trigger an extended move lower for the pair. However, sellers first have to get through the 1.3800 region, which is a confluence of support. Do that, and we could see the GBPUSD head back to 1.3500. Alternatively, a bounce from the 1.3800 area would likely find...

EagleForexTrade

Dear Traders, The EURUSD has struggled to regain the 1.1950 level as support. You can see where the pair closed below the area earlier this month. As long as the euro is below 1.1950 on a weekly closing basis, the idea of a move back to 1.1600 is front and center. I’m also sticking to the weekly chart for now. The EURUSD daily time frame is a mess, while the...

EagleForexTrade

The USDJPY is testing a multi-year trend line from the 2015 high. The level connects with the February 2020 high, which preceded the March decline that sent the USDJPY 1,000 pips lower. As you can see, the market is challenging the resistance level today just above the 109.00 handle. Whether you see today’s retest as a selling opportunity or an upcoming bullish...

EagleForexTrade

XAUUSD (gold) is approaching a must-hold area for bulls. I mentioned it in yesterday’s video, but $1,680 is a confluence of support. It’s the intersection of a key horizontal level, descending channel support, and the 61.8% Fibonacci of the 2020 to 2021 range. Here’s how all of that looks on the chart: If XAUUSD has any chance of turning this multi-month...

EagleForexTrade

XAUUSD (gold) is struggling. There’s no other way to say it. The only thing I can think of is that Bitcoin (BTC) is literally sucking the life out of the former king of inflationary protection. Perhaps gold is just lagging and will make its move later this year. I wouldn’t be surprised by that at all, and I’m by no means saying that gold and silver are no...

EagleForexTrade

The EURUSD confirmed what appears to be a false break this week. I mentioned last weekend how the close below 1.2000 could be a false break given the strong uptrend since last year. Sure enough, EURUSD closed back above 1.2000 this week. Then, on Friday, the euro tested a key trend line from the May 2020 low. So far, that area is holding as support. As long...

EagleForexTrade

GJ In fact, last week closed above a key trend line near 142.50, and this week’s action is a continuation of that breakout. The monthly chart above shows a triangle/wedge pattern within a larger structure that dates back to 2007. Notice how GBPJPY is starting to break out from the smaller pattern. If the larger structure from 2007 remains intact, and I think it...

EagleForexTrade

WTIUSD or Crude Oil or USOil Long Idea from our strong Support Level. Trading Levels : »53-52 | 51-50 »Risk=0.5point | TP = 54.5 Fundamental Imp—As predicted more stimulus talk $1.9 Trillion by Biden push OIL in bull mode from our levels, next TP=54.50/56.00 PREVIOUS RESULT—Enjoy PRECISE LEVEL1=52.2 to 53.8=1.6point gain=24hrs

EagleForexTrade

EURUSD Long Idea Key Level Global Uptrend due to Stimulus Deal Local Correction from Low You will learn the best place where we can trade this instrument at low risk. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to our...

EagleForexTrade

XAUUSD Long Idea Key Level Global Uptrend due to Stimulus Deal Local Correction from Low You will learn the best place where we can trade this instrument at low risk. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to our...

EagleForexTrade

XAUUSD Short Idea

EagleForexTrade

EURUSD >> How to Trade Before Elections? Analysis of #EURUSD #SHORT First thing, do not forget to like and comment, it means a lot to me, *EUR IMP—2nd Lockdown will create major issue in downfall of economy with worst DATA+STIMULUS PACKAGE will add more pressure in EURO+US Election + Brexit = Big downfall ready to slide for TP=1.1600/1.15800* 📌Do not forget to...

EagleForexTrade

Our TP Hitted From 2nd Level Trade From 1.17600 to 1.16000 160 Pip's Gain

EagleForexTrade

EURUSD >> How to Trade Before Elections? Analysis of #EURUSD Hello Friends, First thing, do not forget to like and comment, it means a lot to me, Here we have the market testing the structure level near 1.1635, and I think the market could show some reaction higher from here, but I prefer the market testing 1.1600 first to see if it will find...

EagleForexTrade

EURUSD >> How to Trade Before Elections? Analysis of #EURUSD Hello Friends, First thing, do not forget to like and comment, it means a lot to me, Here we have the market testing the structure level near 1.1635, and I think the market could show some reaction higher from here, but I prefer the market testing 1.1600 first to see if it will find...

EagleForexTrade

EURUSD >> How to Trade Before Elections? Analysis of #EURUSD Hello Friends, First thing, do not forget to like and comment, it means a lot to me, Here we have the market testing the structure level near 1.1635, and I think the market could show some reaction higher from here, but I prefer the market testing 1.1600 first to see if it will find...