Euro vs USD pair has a bearish January , fell down from 1.23 to 1.20 almost, Now the price level hit back to the resistance zone 1.218 area, This pair may starts to consolidate before it starts up... Analysis only for education purpose
Fed’s dovish halt and ECB policymakers hint favoring further negative rates dragged EURUSD below 50-day SMA for the first time since early November the previous day. The bears are currently eyeing a horizontal area comprising lows marked during December and the present month, around 1.2060-50. However, the preliminary readings of the US Q4 GDP can exert additional...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2165). 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...
check this idea guys, i really like this pattern.
Euro against Dollar looks bearish from 6 Jan , and now it looks bullish from fibo 50 % area of 1.80 price range.. so it looks positive to finish january on 1.23 area or atleast 1.22750 area.. analysis given for education purpose only
Levels on the chart Regards
With the US dollar on a pullback move since the week’s start, EURUSD buyers revisit the previous support line stretched from December 02 ahead of US President-elect Joe Biden’s inauguration ceremony. Although Treasury Secretary Janet Yellen has already favored further stimulus, Biden’s first words as the 46th US President will be the key. As a result, any upside...
Om Namah Shivay Elliott Wave analysis from 20-3-2020 of EURUSD, Have taken an impulse, the point V can be at the current level or can be more up too (currency elliott character may differ), the retracement from 7-1-21 has taken the shape of 3 wave correction. This correction should reach 1.20120 as per understanding. We have too see the lower degree chart to...
EURUSD will Go Long in Mid-Term. EURUSD in downtrend begin Jan.06, because U.S.capitol riots let be global markets money entry U.S.Dollar (Index). EURUSD will Go Long in Mid-Term after Jan.20 U.S. presidential inauguration, and U.S.Dollar index will downtrend. Jan.19. 2021 Reliability: 3-10 Markets Days
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.222). 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...
We can see a clear Trendline Breakdown + RSI Divergence. We can short below 1.22149 in 4H timeframe. Always wait for candle to close and never make mid-candle decisions.
Euro/usd under consolidation and expected to take ressistance or may break the resistance
Euro broke the channel. a correction is expected to (1.212) then retest back in channel.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2285). 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 above the 21-Day WEMA which acts as a dynamic...
EURUSD snaps three-day uptrend while reversing from the highest since April 2018 on early Thursday. The currency major bears the burden of overbought RSI conditions while nearing an upward sloping trend line from March. Not only the technical details but expected US dollar bounce on the back of likely stimulus from America, due to the Democratic victory, also...
Long @ 1.22030 Stop Loss @1.21780-1.21790 (40-50 points below) Target 1 @ 1.22480 (450 point above) Target 2 @ 1.23090 (960 points above) Target 3 @ 1.23160 (1130 points above)