Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.178). 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...
Euro against Dollar, raising right from October Ist , and similar to Gold , this pair also in upbeat against Weak Dollar, Expecting this pair may turn after 15th or 16th at the price from 1.18500 area..
After the rally of the Euro to the upside, it is facing now a consolidation which might lead to a huge drop the downside. Let's wait and see.
PAIR : EUR/USD IF HEAD AND SHOULD FORM IT WILL SHORT KEYS : RIGHT SHOULDER FORM BECAUSE MAJOR HEAD AND SHOLDER AFTER BREAKOUTS ITS TO BE RETEST I THINK SO WE EXPECT RIGHT SHOLDER FORM AT THE RESISTANCE LEVEL OF CHANNEL . LETS SEE WHAT WILL HAPPEN
EURUSD long we can go for long after base line and 0.786 fib line breakout short possible after demand line breakout
Its taken time but the pattern seems clear
LOOK FOR EITHER SIDE BREAKOUT RSI DIVERGENCE SUGGEST SHORTING BUT WAIT FOR REJECTION
OCT. 7 and OCT. 19. (in purple) NASDAQ : USDYEN : EURUSD : DXY : SILVER These BIG FIVE have consistent direct and inverse relationships with each other (for example: the USDYEN predicts the movement of the US-indices) AND on these two(2) dates their EW-WAVES area ALL lining up. According to my count which has been unfolding since last Friday
RSI DIVERGENCE + STRONG RESISTANCE ZONE CAN TEST 1.168
Dear traders, Wishes all for the new week ahead, Euro against US Dollar , experienced the September with bearish momentum , End of the week this pair closed at the support area , this long time support area may sends the price up to 1.75 area, from there it may have a chance to come down from the mid of the week, since we are in the closing of the month , this...
EUR USD has given Rounding BD on 15m chart. Trade as per Price Action. SL level marked with Red Cross ( Closing Basis. ) If downside persists then can touch app 1.1570.
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Analysis mentioned on the chart.