EUR/USD - (Symmetrical Triangle) Eur/Usd pair is forming Symmetrical Triangle pattern in day chart.
So, if break resistance go buy or break support go to sell.
EURUSD
EUR/USD LongEuro usd have taken support from 2003 breakout also their are some double bottom patterns in lower time frame. We can go long with so of red zone and target of orange zone/lines.
Appreciate your comments
EURUSD signals further downside, 0.9670 in focusAfter staying off the bear’s radar during the first two days of the week, EURUSD returned to the red zone as it broke the weekly support line. The trend line breakdown joins downbeat oscillators to keep sellers hopeful of meeting an upward-sloping trend line support from September 28, around 0.9670. The quote’s further downside, however, will be challenged by the monthly low of 0.9631, a break of which could quickly drag prices towards the multi-year low marked in the last month around 0.9535.
Alternatively, the support-turned-resistance around 0.9840 guards the immediate recovery moves. However, a convergence of 200-SMA and a five-week-old descending resistance line, close to 0.9855, appears a tough nut to crack for the EURUSD bulls. It should be noted, though, that the pair’s successful break of 0.9855 will open the doors for the run-up toward challenging the monthly peak surrounding the parity mark that seems the last defense of the bears.
Overall, EURUSD has already welcomed the bears but the party appears a small one unless breaking 0.9670.
JSW STEEL ANALYSIS ON DAILY TIME FRAMEGood Evening everyone,
JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high.
-->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow)
-->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart)
->Got rejected from that level and formed a lower low & lower high.
-->Now this setup looks good for selling with all these confirmations.
If there is any small retracement and price came back to 657 -660 levels we can short with a SL of just 30 rs.
-->Those who trade options may plan accordingly stop loss levels will be same (690 levels).
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
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Need motivation very badly.
EURUSD Sell TradeAs we can see a clear 5 wave down and a 3 wave pullback, this can go down further. A great risk reward sell trade can be taken with a stop just above 0.9880.
EURCHFPrice is on the third touch of our upper trendline currently accumulating, after the consolidation we expect price to move up completeting the initial impulse before the accumulation phase
EURUSD AnalysisSetup Contains:
1. Accumulation Period
2. Manipulation (During London/NY Overlap)
3. Bullish Structural Break
4. Expecting Return to Orderblock
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Eurusd long analysis Buy eurusd @ 0.97850
Stop loss 0.97350
Target one 0.98050
Target two 0.98550
Target three 0.98850
Trade based one price action and london session
Three target given
EURUSD Analysis UpdateWe forecasted and shared our view of EURUSD. Where we were looking at 2 possible areas from where we were expecting bullishness.
From where we shared the entry price expanded from that area and never came below 😎
The analysis gave us -
324+ PIPS, 1:2.3+ Risk to Reward Ratio!
EURUSD is ready to fly 100+ PipsThe Reason posting this we have clean SMT Between EURUSD and DXY.
EURUSD did MSB in LTF and hit 1h Demand, possible ready to pump during London Open or NYO
About DXY price could drop below original consolidation.
More update you can find later
EURUSD braces for fresh yearly low ahead of key events/dataEURUSD bears take a rest around the two-week-old horizontal support area while waiting for this week’s key catalysts, namely FOMC Meeting Minutes and US CPI. That said, sluggish RSI and bearish MACD signals join the quote’s sustained trading below the 50-SMA to keep sellers hopeful. However, a clear downside break of the 0.9665-50 region appears necessary for the fresh leg down. Following that, the latest multi-year low, marked in September around 0.9535, will gain the attention ahead of the 61.8% Fibonacci Expansion (FE) of August-October moves, close to 0.9485. In a case where the pair remains weak past 0.9485, the odds of witnessing a slump toward the September 2001 high near 0.9330 can’t be ruled out.
Alternatively, recovery moves need to cross the 50-SMA level of 0.9800 for the start. Following that, the 50% Fibonacci retracement of the August-September downside and the monthly high, respectively around 0.9950 and the 1.0000 psychological magnet should lure the EURUSD buyers. If the quote remains firmer past 1.0000, a two-month-old downward sloping resistance line, around 1.0025 by the press time appears the last defense of the bears.
To sum up, EURUSD appears bearish ahead of this week’s important data/events.
EURUSD analysis over H4 Time frame AS you can see EURUSD following his downtrend so according that I expect this move
EURUSD 4H Analysis here is my view regarding the eurusd. this week I will be bullish because the pair will be retracing and I will wait for the buy setup until the retracement is completed.
EURUSD Daily Support @ 0.9727 , Break Below SellEUR/USD rebounds toward 0.9800 after NFP-inspired drop
EUR/USD has gathered recovery momentum and advanced toward 0.9800 after having declined sharply in the early American session with the initial reaction to the US jobs report. In September, Nonfarm Payrolls rose by 263,000, surpassing the market expectation of 250,000.
EURUSD going to give entry EURUSD been in downtrend channel for so long I still expect it go down since DXY about to tap lower trendline as well. which is around 109.7. If EURUSD breaks-out my targets will be around 0.5 fib and 0.618 fib level which are important level of Fibonacci.
EURUSD rebound is at test near 0.9830 resistanceEURUSD defends the first weekly gain in three around the 20-year low during early Monday. The recovery also gains support from the RSI and the MACD. However, an downward sloping resistance line from September 12, around 0.9830 by the press time, challenges the immediate upside moves. In a case where the quote rises past 0.9830, the 200-SMA and the 61.8% Fibonacci retracement level of the pair’s August-September downturn, respectively near 0.9950 and 1.0050, could challenge the bulls. It’s worth noting that a two-month-old downward sloping trend line around 1.0090, quickly followed by the 1.0100 threshold, appears the defense of the pair sellers.
Alternatively, the 50-SMA and the 23.6% Fibonacci retracement level, close to 0.9740 and 0.9730 in that order, could test the EURUSD pair’s pullback. Following that, the 0.9640 and the 0.9580 levels might poke the bears before giving them control. In that case, the latest trough surrounding 0.9540 should act as a buffer before highlighting the September 2001 peak near 0.9330.
Overall, the EURUSD rebound is likely to extend for a while as traders await the key data from the US. However, the bearish trend isn’t challenged yet.
EURUSD Fibo 1.61% Projection Upto 0.9936 he EUR/USD pair is displaying back-and-forth moves around 0.9800 in the early Tokyo session. The asset has turned sideways in a 0.9780-0.9815 range as the currency domain is developing itself ahead of the US employment data.
EURUSD pair go for long EURUSD pair go for long ABOVE the Yellow Line 0.98120 range with Stop loss Below 0.97750
EURUSD Buy trade opportunitiesEURUSD Buy trade opportunities
EURUSD it's recently closed above the short-term resistance line its good opportunity to take long to the next resistance as we mark in the chart
Always Use Stop Loss
EURUSD AnalysisSetup Contains:
1. HTF AMD Setup
2. Discount To Premium array projection
3. Stop Hunt (Sell Side Liquidity)
4. Returned to Discount Arrays
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#EURUSD it's possible to buy#EURUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
0.095200
Next Zone area & horizontal swing Low support
1st Resistance
0.098545
Zone area & horizontal swing high resistance
#EURUSD it's possible to buy#EURUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
0.095200
Next Zone area & horizontal swing Low support
1st Resistance
0.098545
Zone area & horizontal swing high resistance
EURUSD eyes further downside below parityAlthough June 1989’s low test EUR/USD bears, a clear downside break of the 2.5-month-old support line, now resistance around 0.9850, keeps sellers hopeful at the lowest levels in 20 years. Even so, the major currency pair stays inside a bearish channel formation established on May 12 and has its support line located around 0.9490 by the press time. Additionally, the January 2001 low of around 0.9600 could join the oversold RSI conditions to challenge the short-term downside.
Meanwhile, recovery remains elusive until the quote stays successfully beyond the 10-week-old support-turned-resistance line around 0.9850. Following that, the 0.9950 and the 1.000 parity level could entertain short-term buyers. However, a convergence of the 50-DMA and upper line of the stated channel, close to 1.0080, appears a tough nut to crack for the EURUSD bulls before they can dream of retaking control.
It’s worth noting that the Italian elections and multiple speeches from ECB President Christine Lagarde, as well as Fed Chairman Jerome Powell, make it an interesting pair to watch on Friday.
