EUR USD still in sell zone in this indicator strategy using we can avoid false buy and sell signals so that we can relax about that. From this strategy i am using HEIKEN ASHI chart combination of moving averages , volume and some personal strategy. IF EUR USD gives closing below the lowest point in 4 H then take strong sell entry.
EURUSD remains pressured around a one-week low as traders prepared for the Fed’s verdict, likely a 0.75% rate hike and Powell’s aggression. That said, the pair’s clear downside break of the 50-SMA directs the quote toward the multi-year low marked earlier in the month around 0.9950. Given the RSI approaches the oversold territory, the pair’s declines past 0.9950...
Good probability setup on Monday. Head on to 5 min timeframe for clarity.
EURUSD fades a week-long recovery mode ahead of the key European Central Bank (ECB) meeting. The pullback could also be linked to the pair’s inability to cross the 100-SMA amid RSI retreat from overbought territory, which in turn suggests the further weakness of the quote. However, a weekly support line, now resistance, joins the 100-SMA near 1.0230 to challenge...
20 Year Long Support Broken, Short EURUSD at CMP... Target and Stoploss mentioned on chart...
My analysis This is what I try to do on a daily basis but lately the market has been too slow for me to enjoy but thankfully today was an exception :)
EURUSD bears take a breather after refreshing the 20-year low the previous day. The corrective pullback, however, takes place at the lower end of the nearly four-month-old bearish channel. The rebound also gains support from oversold RSI and that too is ahead of the key US CPI data. Hence, sellers need caution and look for a clear upside break of the 78.6%...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Technical outlook From a technical perspective, the RSI (14) on the daily chart is already flashing extremely oversold conditions. This makes it prudent to wait for some near-term consolidation or modest rebound before positioning for any further losses. Hence, any further decline below the 1.0000 psychological mark is more likely to find decent support near the...
The pair is in a Long term Down trend. The pullbacks on the upside should be identified as short selling opportunity.
EURUSD Daily chart Analysis and expected direction after completion of typical Butterfly pattern with downward strength
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
- EUR/USD snaps four-day downtrend at 20-year low, renews intraday high of late. - Firmer RSI, MACD joins bullish chart pattern’s confirmation to favor buyers. - 100-HMA lures buyers, sellers have a bumpy road to the south. Currently looking for short term buying opportunities in it, Proper Money management suggested.
The trend needs a pullback to the support/resistance zone. I think we can use it
EURUSD dropped to the lowest levels since late 2020 on breaking the two-month-old horizontal support area near 1.0360-50, before the latest dribbling around 20-year low. The downside also conquered the 61.8% FE of March-May moves while extending the south-run inside a four-month-long bearish channel. With this, the sellers keep reins ahead of the Fed Minutes and...