The Major pair EUR/USD has given breakdown days before and retested the level and now has came back for retest at the same level. Might see a fall from here upto the next support. 50EMA is also providing rejection and trendline as well. Lower Highs and Lower Lows formation showcases weakness.
FX:EURUSD EURUSD showing strength at a strong daily resistance. Formation of divergence also indicates a bullish move.
Look for buy price at 4H zone since seller got exhausted in higher time frame
Current structure suggest that EURUSD has formed an ending diagonal. One should go short in the region of 1.21250 & look for the immediate target of 1.1950
As yields fall so does the Dollar Index. Our technical analysis matched perfectly with the US dollar's weakness. We managed to catch that momentum after the break of the trend and took our profits after we saw a reaction on a daily resistance. If you want to see some ideas follow me and like this idea.
EURUSD is looking for long opportunity after the change in formation, & has the chance to make a move to the upside.
EURUSD is looking for a great buying opportunity, to take the move to the upside.
We can see a clear Trendline Breakdown + RSI Divergence. We can short below 1.22149 in 4H timeframe. Always wait for candle to close and never make mid-candle decisions.
1.23 area is seems to be long term Resistance for EURUSD, may this pair go down to 1.21 area before going up this week, so chance of 1.21500 or 1.20 area, then it may take long term goal of 1.25 or further
EUR USD has given Rounding BD on 15m chart. Trade as per Price Action. SL level marked with Red Cross ( Closing Basis. ) If downside persists then can touch app 1.1570.
Today's move created a new wave-c of wave-2 . Still the bias is for downsouth as wave 3 going to unfold. Refer to the last update attached in the link.
Risk: -20 pips Gain: +20 pips Risk/Gain Ratio: +100% Theoric Probability: > 70% Actual Probability: + 85,96 % Total Gain: + 754,10 pips
Euro against dollar pair traded within the price limits for the last one month or so, and clearly visible this week the pair will look forward to go high with the last week closing candle little off the floor, also a triple bottom pattern formed .. from the price action analysis view , bulls have the upper hand this week. when it goes high, it may finish with...
eurusd is range bounding , we can see that the price reaches a strong support level , also we get a confirmation - a strong bullish candle , now it is time to buy