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.
At 1.1700,shows demand area, if rejects this area Expecting price to next supply zone at 1.800(100pip).
Short term dollar bottom? Stretched CFTC net long positioning has started to unwind a little as well. Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.
Hi folks, EURO against US Dollar have trending sideways in between the price of 1.925 and 1.75 right from August , 2 months of sideways movement's end is still susceptible, towards the end of the month may gives us a clear picture,,even though strong resistance above 1.88 and support at 1.82, this pair looks at end of the triangle..may be the monday opening will...
Rising of USD strength will reflect in EURUSD pair in a bearish structure..this week it sets the platform for forming Head and shoulder formation, and it expects to go down till 1.65 area..
eur usd to chart quite bullish in 1 hour, sure it will touch the upper soon.. You can observe to buy in dips till to touch upper band target and stoploss below the lower trend line closing basis at least one 15 minute candle.
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.1952 & 1.1917). 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...
Marked the trading range, until the high is broken.
analysis mentioned on the chart.
analysis mentioned on the chart.
EURO against USD, after touched recent high of 1.20 this pair trending bearish.. fundamentals strongly support bearish in coming week, While the stats from Germany will influence, the ECB monetary policy decision on Thursday is the main event. strong resistance at 1.20 remains, technical analysis also supports the same, If USD strength continues EURO may trend...
Trading suggestion: There is a possibility of the uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: AUDUSD is in a range bound and the beginning of uptrend is expected. The RSI near 50. Take Profits: TP1= @ 0.74009 SL= 0.72454 Risk reward ratio = 1 : 3 ❤️ If you find this helpful and want...
Heavy Short selling can be seen if failed to sustain the level of 1.7500 and it will bolster the view if prices slipped below the level of 1.17000