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Eurusd-4

EURUSD stays on bull’s radar despite recent pullbackEURUSD retreats inside a six-week-old bullish channel as the holiday season allows buyers to take a breather. The pullback move, however, stays unimportant beyond the 1.0590-80 support zone comprising the 100-SMA and an upward-sloping trend line stretched from December 01. Even so, the stated channel’s support line, close to 1.0500 by the press time, will challenge the pair’s further downside. It’s worth noting that the 200-SMA acts as the last defense for bulls around 1.0450. On the flip side, the 1.0700 round figure acts as an immediate hurdle for the EURUSD buyers to crack before aiming for the aforementioned channel’s top line, around 1.0760 at the latest. In a case where the pair remains firmer past 1.0760, May’s peak of around 1.0785 and the 1.0800 round figure may act as the buffers before highlighting the late April swing high surrounding 1.0985 and the 1.1000 threshold. Overall, EURUSD appears losing upside momentum, as per the RSI and MACD signals, but the bears are far from winning the battle.
by MTradingGlobal
#EURUSD it's possible to buy#EURUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 0.095200 Next Zone area & horizontal swing Low support 1st Resistance 1.07617 Zone area & horizontal swing high resistance
Long
by Skandhatrade
1
EURAUD LONG IDEATHE HAWKISH ECB Look for occasional retest and confirmation, trade is simple Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
Long
by CELGIB_TRADING
EURUSD Observation: - In the chart, we can see recent low is broken. so, it is the change of character on 1HR chart. Probability: - We can think that there's probability of the price is going to meet its 4-hour POI. so, we can enter in the short position after touching poi of 1hr in 5 min chart with change of character with the target of 1.05640 and we can set target for partial profit booking to its recent low (which is made after the Choch in 1 hr chart). Need help: - suggest a good broker to trade forex in India. Thanks!!!
Short
by ViiraPatel
5