FX:EURUSD EURUSD showing strength at a strong daily resistance. Formation of divergence also indicates a bullish move.
EURUSD remains pressured around the yearly lows as the pair traders await July month Consumer Price Index (CPI) data from the US. The major currency pair dropped to the lowest since March the previous day while declining for the eighth consecutive day. However, a downward sloping trend line from July 07, around 1.1700, restricts the quote’s immediate losses....
Support@1.1670 , Trendline BUy@1.1670, ..........................................................................
EURUSD Long Position Setup 1HR Timeframe if the price break the line of resistance then good setup for long position entry
Look for buy price at 4H zone since seller got exhausted in higher time frame
Lately EURUSD made downward impulsive move and now is ready for pullback 📈 Things to consider: 1. Daily impulse and correction pattern spotted 2. Retracement started and target is 0.382 on Fibonacci 3. COT data shows that hedge funds have been longing EUR so it will rise for sometime now! How to enter: 1. Study the chart as shown in my analysis 2. Enter when the...
The Forex major has finally broke down the textbook h&s shoulder and also broke and retested 200 EMA. Also took rejection on Fib level of 38.20. Further fall can be seen in EURUSD. Nearest support can be seen at 1.16100 which is also a Fib level of 61.80.
Dear traders, as I have become accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks... went up again in the area 1.19500-1.2 from where it went down again! as you can see on the chart for 1 week, I expect that in the next...
In strong bear territory..... Strategy : Sell on rise... The bullish and Bearish levels are valid for the month of Aug 2021. Trading levels also defined.. Like... Share... Follow.........
EURUSD Short R/R: 1:3 Feel free to share your opinions in the comment!
EURUSD Long R/R: 1:3 Feel free to share your opinions in the comment! But, Im scary about news
Resistance @1.1900 , Initial SELL @ 1.1900 FOREX-Dollar firms as Fed members talk of tightening
Support @1.1840, Initial Buy@ 1.1840 ----------------Dollar pressured ahead of jobs data; kiwi leaps as rate hikes loom
BUY THE BREAKOUT ABOVE TRENDLINE 1.18100 (SL BELOW 1.17771).. T1 - 60 PIPS T2 - 100 PIPS
Trade update and forecast. Running long took most of my % at the above range mitigation. Can easily pull back here and continue long or fill a larger imbalance below. Remember we are trending long now and its likely we are going to take out the daily liquidity to the left and fill the large imbalance. Happy trading everyone