Initial days strength of USD to looks to send the EURO further down, may in the mid of the week Euro make a turn to upside
DXY is approaching strong level next week. We can expect a strong bearish move at that point.
Blue horizontal line : importance levels Orange horizontal lines : buffer levels Blue diagonal lines : trendlines Pink boxes : buffer/reversal zones Disclaimer : This chart is just my anticipation for the upcoming week. I do not recommend following or trading on the basis of this chart.
Trading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (1.1819). 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 dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.1785). 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...
initial upside moment may reverse of the strong resistance
For education purpose
Hi Traders. I share this view of the EURUSD , it is probable that a throwback will allow purchases to enter from 1.17000, and later at 1.17400. in both cases we will look for targets at 1.19500, up to 1.20100 Warning! This is not signs, it is not an obligation to trade in the currency market.
The price has come to a key level of Resistance level where i look for a buy opportunity with SL of 18 Pips and TP of 80 pips. Price has also retested.!
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: EURJPY is in a range bound and the beginning of uptrend is expected. The price is above the 50 & 200 EMA. The RSI near 50. Take Profits: TP1= @ 123.595 SL= 122.838 Risk reward ratio = 1 : 1.23...
Even though price looks like it will continue the bullish trend from the 4H perspective, it has hit the trendline when viewed from the 1W perspective. This could trigger potential short opportunities.
Been so long there been no short. Bollinger band price headed to cross above 2 std deviation.
FX:EURUSD (FOR LEARNING PURPOSE ONLY) Clearly we can see expanding volume whenever the price moves up & declining volume on down move But in most recent up move (inside channel),price increasing on declining volume Considering the volume pattern,the resistance zone becomes crucial . If price holds on to the resistance and moves down,if volume...
Hi traders what an interesting set up on EURUSD this week, really alot of action happening in this pair , last week it breaks the long time resistance at 1.34 area, the Resistance at 1.39 can be the new support..if it happens bulls will takeover the market, or the price sent back at 1.39 , may it go down..but it favours the bull this week, may the price march...
Hello Traders, Hope you are all doing well. EURUSD has come to all time high since last month. So my potential trade for this week would be sell side with SL of 40 pips from current price. Good R:R 1:3.5
the 4 hour right side is down with a bearish sequence against 1.1557. The 1 hour is turning up against 1.1252. While above there expect the pair sees another high in the cycle from the March lows before a turn lower again. Long EURUSD @1.1300-1280 Target: 1.1420 SL: 1.1250 good luck !