EURUSD ForecastEURUSD Forecast
IMO
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EURUSD
FLAG & POLE BREAKOUT IN USD/JPY.One of the most profitable pattern to trade i.e. Flag & Pole which was forming in USD/JPY has given breakout with good bullish candle and volumes. It is expected that it will resume it's uptrend now until it reaches it's major resistance.
EURUSD Potential ihs patternpotential mark up phase with this ihs pattern myabe we might get 2-3 levels
The EURUSD is ready to go up.According to the chart, I think the EURUSD will go in the downward direction up to the next support level at 1.16900 and then bounce back in the upward direction up to the next resistance level at 1.19050 and it will form a double bottom pattern. Please keep in mind that this is just an idea and I don't promote anyone to place any trade.
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EURUSD rebound fades before Fed Chairman Powell’s speechEURUSD struggles to extend the strongest recovery in a month as anxiety over Evergrande test pair buyers ahead of a speech from Fed Chairman Jerome Powell. With this, the currency major steps back from the weekly resistance line, which in turn suggests further weakness towards the 1.1700 threshold. However, the quote’s downside past 1.1700 will not hesitate to refresh the yearly low near 1.1665.
Meanwhile, an upside clearance of the immediate trend line hurdle surrounding 1.1745 will direct the quote towards a 61.8% Fibonacci retracement level near 1.1760. Even if the EURUSD bulls manage to cross 1.1760, 200-SMA and a descending resistance line from September 03, respectively near 1.1775 and 1.1785, will precede the September 17 peak of 1.1788 to challenge the pair’s further advances. Overall, EURUSD remains pressured but traders await key catalysts for fresh impulse.
EURUSD: Bullish outlookEURUSD has taken a support near 1.1700 zone a 78% fibonacci zone of the previous rise. As per the current structure one should go long near 1.17300 keeping SL of 1.17000 and look for the upside target of 1.19300 in upcoming days.
EUR USD Intraday Trading Levels for 22SEP2021-UpdatedEUR USD Intraday Trading Levels for 22SEP2021-Updated
EUR USD Intraday Trading Levels for 22SEP2021EUR USD Intraday Trading Levels for 22SEP2021 based on my analysis
EURUSD ForecastEURUSD Forecast
IMO
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Happy Trading 😊
EURUSDIn Bearish territory..
Strategy : Sell on rise... near 1.17551 (Redline)
Profit booking levels marked.
Bullish only if closes above 1.18107 (BlueLine)
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EURUSD Buy to Sell SetupEURUSD having strong sell momentum, Price expected to mitigate Daily Buy zone and retrace to either H4 Breaker block or H4 Supply/Sell Zone....So its a Buy to Sell Setup for intraday
EUR/USD at her support zoneIts time to break her support zone wait and watch after breakout you can sell it.
EURUSD LONGPrice has broken parallel channel and retested it
Also its making IH&S
Good long opportunity on retracement
EURUSD eyes 1.1790 break to keep controls on US inflation dayEURUSD struggles to keep rebound from monthly low ahead of the key US Consumer Price Index (CPI) data for August. Given the latest chatters over Fed tapering before the next week’s FOMC, today’s US inflation data becomes crucial for the markets. Ahead of the data, the US dollar slips and prints mild gains on the face of the EURUSD. However, failures to cross the 1.1910 horizontal resistance and sluggish oscillators keep sellers hopeful. It should be noted, though, that the 50-DMA and 20-DMA, respectively around 1.1795 and 1.1790, restrict the quote’s short-term downside ahead of July’s low near 1.1790.
If US inflation data rejects tapering concerns with a downbeat figure, the EURUSD prices may recover from the key moving averages. With this, the latest swing high around 1.1850 may offer an intermediate halt before highlighting the 1.1910 horizontal area, comprising multiple tops marked since June 30. In a case where the EURUSD bulls manage to keep reins past 1.1910, odds of its rally towards May’s bottom near 1.1985 and the 1.2000 psychological magnet should return to the charts.
My personal view how market gonna movethis movements are based on my findings and I strongly suggest you to use SL and a strategy before following anyone.
for this direction use Price Action based on the direction i provided here. if market goes against the direction am expecting, I'll exit from the trade
Also i think this will be equal to GBPJPY, and EURUSD as well.
USDOLLAR - Head & Shoulder Completion This Week?Last week we identified the head and shoulder pattern and we were anticipating XXXUSD shorts which played out well. We are still looking for further strength from USD. Looking for the completion of the right shoulder this week. Correlate this chart with the USD pairs and try and get and entry for the XXXUSD shorts.
Goodluck and trade safe!
