Having reversed from 50-DMA, EURUSD dropped beneath the 20-DMA and made seller’s way clear for a battle with a six-week-old support line, around 1.1260. However, cautious sentiment ahead of the key data/events tests the pair’s further downside. Even so, bearish MACD signals and a steady RSI line keep sellers hopeful to revisit the 2021 bottom surrounding 1.1185....
Overall, EUR/USD is ranging across. Recently, EUR/USD rejected the resistance zone of 1.13800 and broke below the key level of 1.13. The eurozone final manufacturing PMI data (Actual: 58.0, Forecast: 58.0, Previous: 58.0) released yesterday indicated no change in the final release of the manufacturing PMI for December. Currently, EUR/USD is testing to break...
eurusd sell......... good luck...................................................... .....................
Overall, EUR/USD is ranging across. Recently, EUR/USD trended into the resistance zone of 1.13800. The eurozone final manufacturing PMI data (Forecast: 58.0, Previous: 58.0) will be released later at 1700 (GMT+8). Currently, EUR/USD is testing resistance zone of 1.13800 and the next support zone is at 1.12000. Look for buying opportunities of EUR/USD
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter : follow the chart daily , especially note it in your : gainprofit066
EURUSD seesaws around 200-SMA inside a six-week-old symmetrical triangle, suggesting the buyer’s return. However, a clear upside break of 1.1350 becomes necessary for the bulls before knocking the late November swing highs surrounding 1.1380-85. It should be noted, though, that a sustained run-up beyond 1.1385 enables the pair to rally towards November 15 swing...
After a long downtrend its time to be a bull, wait for the proper retracement and enter wisely. Happy trading!
Currently price is ranging in daily time from, we should expect either break out or break down only then we can decide our bias of the market If price broke the Green Horizontal line marked in chart , we can expect bullish move for the day if price broke the red horizontal line marked in chart, we can expect the bearish move for the day
Hello traders , EURUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. The wave count that we had in the weekly time of this symbol showed that wave c ended from wave 4 and this decline is related to wave 5. Our counting wave is not normal at all and can be fielded at any time, and this...
EURUSD remains within a small trading range ever since it refreshed the yearly low to 1.1186. That said, the monthly support line and gradually improving RSI challenge the bearish bias. However, the bulls have multiple hurdles to cross before convincing markets during thin volume and holiday season, which in turn makes it harder for buyers. Also adding to the...
comparing the yields of the US10 and US2 years spread with the EURUSD. So far, we've discovered a negative correlation with the US dollar since traders priced in monetary policy expectations. Bond prices are essentially reactive before then currency or equity
Market’s surprise reaction to the hawkish Fed decisions keeps EURUSD traders cautious inside a short-term symmetrical triangle ahead of the ECB monetary policy meeting. Given the dovish expectations from the European Central Bank (ECB), EURUSD is likely to refresh the yearly low. In doing so, the quote needs a clear downside break of a three-week-old support line,...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1283). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
A sustained break of the 100-SMA and gradually rising RSI line keep EURUSD buyers hopeful as global markets await the key central bank announcements scheduled for the week. Although the European Central Bank (ECB) has more reasons to sound dovish and the Fed hawks are in full swing, Omicron threatens the market expectations and may throw a wild card. That said,...
EURUSD is now pullback position, so enter for buy, and reach Higher High
EURUSD fails to extend the corrective pullback from yearly low beyond 20-DMA and previous support from August. The inability to cross nearby hurdles joins bearish MACD signals and RSI retreat to keep sellers hopeful to revisit the recently flashed multi-day low under the 1.1200 threshold. During the fall, the 1.1200 round figure may offer an intermediate halt...
On a weekly chart, EUR USD formed a Spinning Top. Buy when it cuts the high or sell when it cuts the low