#EUR/ #USD Approaching towards COVID LOW ?The EURUSD pair has been trading within a Channel Down since 2021. Two important dates (March 10 with the ECB making their Rate Decision and March 16 when the Fed will announce theirs) have been marked in the chart. I'm expecting these two scenarios to Play out. However, if we break COVID 19 low point, then I'll be interested in opening shorts
Euro
💡Don't miss the great sell opportunity in EURJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (128.800).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 29
Take Profits:
TP1= @ 128.460
TP2= @ 128.219
TP3= @ 127.930
TP4= @ 127.539
TP5= @ 126.995
SL: Break Above R2
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💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.468).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.476
TP2= @ 1.482
TP3= @ 1.489
TP4= @ 1.494
TP5= @ 1.499
SL= Break below S2
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💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.19470).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the resumption of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45
Take Profits:
TP1= @ 1.19160
TP2= @ 1.18806
TP3= @ 1.18460
TP4= @ 1.18300
TP5= @ 1.17970
SL: Break Above R2
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Trading Signal For EURUSDTrading Signal:
There is a Trading Signal to Sell in EURUSD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell on 1.221 or Sell on uptrend breakout
⭕️SL @ 1.2261
🔵TP1 @ 1.2126
🔵TP2 @ 1.2051
🔵TP3 @ 1.1857
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💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.46934).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.47855
TP2= @ 1.48397
TP3= @ 1.48955
TP4= @ 1.49463
TP5= @ 1.50572
SL= Break below S2
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💡Don't miss the great sell opportunity in EURJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (132.35).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (132.35).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
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. . . . . Please show your support back,
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ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (132.35).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 131.85
TP2= @ 131.65
TP3= @ 131.35
SL: Break Above R2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURUSD
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.2040).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 38.
Take Profits:
TP1= @ 1.1995
TP2= @ 1.1945
TP3= @ 1.1875
SL: Break Above R2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity EURUSD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.2090).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 1.2145
TP2= @ 1.2180
TP3= @ 1.2240
SL= Break below S2
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💡Don't miss the great buy opportunity in EURJPY
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (131.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 131.75
TP2= @ 131.95
TP3= @ 132. 40
SL= Break below S2
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ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.208). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.2155
TP2= @ 1.2190
TP3= @ 1.2225
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Trade well, ❤️
ForecastCity English Support Team ❤️
EURAUD, Trending near the Long term Support area near 1.56-1.57EURO against Australian Dollar , after a completely bearish week , Expecting this pair to off the Support area to see some buyers control this week, It may test the area of 1.59 for a breakout this week , if it happens it may trend a breakout price action.