The outlook for EUR/USD has improved after a more upbeat week for the currency that pointed to further modest near-term gains. Shortly after some desperately poor GDP data for the first quarter of this year due to the coronavirus pandemic, and the likelihood that the second quarter will be even worse, the European Central Bank again indicated that it is prepared...
Euro against Dollar seems to take off by the bulls in the first week of May , Last month of April the price was almost moved in sideways and its top and bottom not exceed or decreased .. month high were 1.09 and month bottom were 1.076.. New month expects the pair breaks out of this area and may touches the old resistance stays over the years at 1.14
as expected last week we saw eurusd breaking that huge H&S on the H4 chart resulting in a fast movment t now we see a continuation of the pattern 1- H&S target have not been achieved yet 2- We have a double bot formation on the daily 3- big buying sentiment next to the breakout level
CADCHF is rallying towards a major buy zone , although the rally is very strong , but that level is strong too , if the price reacts and creates a pattern like engulfing , pinbar , hammer - we can take a entry , with a minimum 1 : 4 risk reward ratio
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0992 highs. While below there expect further weakness. Short term Signal Sell...
EURUSD had broke a price action pattern and it is trying to go more up , also the fibanocci level successfully retraced
Also the trend is up
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0830). 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 below the 21-Day WEMA which acts as a dynamic...
eurusd braked a price action pattern and the weekly shows to go more up
We are now trading a lower tunnel inside this huge triangle. last week we has ended with the price touching the resistance level . - Hourly chart indicates a potential H&S set up - RSI and MACD showing divergencies Short next to this resistance level aiming to the right shoulder level and see how it reacts. This level is key to show if we are going lower or if...
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0993 highs. While below there expect further weakness.
BIG POTENTIAL THAAT AAPLE GO UP SO BUY
Use Risk Management. Risk only 3% per trade. P.S. - I am already in the trade
Looking to sell at the 2 and more importantly the (4 point) into the 15 minute structure.
According to this analysis, there is a sure buy entry and can give a lot profit for 1-2 weeks holding time
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0905). 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 below the 21-Day WEMA which acts as a...
Euro against US Dollar , Pairs travels within the Symmetrical triangle pattern from the Ist of April, Last week it failed to touch the upper line of Resistance but touched the patterns bottom, This week it will touch which it failed to do last week, expect to fill the pattern by going south..