Long @ 1.22030 Stop Loss @1.21780-1.21790 (40-50 points below) Target 1 @ 1.22480 (450 point above) Target 2 @ 1.23090 (960 points above) Target 3 @ 1.23160 (1130 points above)
EURUSD Currently the price is in resistance and for correction it will move downwards to support @1.17900 - 1.17950 ...wait for price confirmation and GO LONG.. Take profit 1 @ 1.18800 Take profit 2 @ 1.19450 otherwise it can go downwards upto @ 1.17250 and GO LONG .. Take profit @ 1.18050.
Here EUR/USD trying to escape from the parallel channel. I think it would start marching upward soon from the support area of the Box pattern. Its trend is reversing, so day traders can sell now for the levels of 1.1706 - 1.1696 . And a breakdown of 1.1690 is a direct signal for a continuous downtrend that can be for 1.1666 - 1.1636 . Downtrend initiator: ...
The 4 hour right side is down with a bearish sequence against the 1.1497 high from 3/09/2020. The 1 hour is turning up against 1.1183. While above there expect the pair higher toward 1.1497 before a larger turn lower again. BUY EURUSD @1.1290-70 Target- 1.1350 Sl: 1.1250 Good luck !
The 4-hour right side is down against 3/08/2020 peak (1.1497) & shows a bearish sequence. 1 hour is turning down against 1.1020 high. Near-term, while bounces fail below 1.1020 high expect pair to extend lower. Short EURUSD @1.0950-1.1000 TP 1- 1.0850 Tp2- 1.0720 Good luck !
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0992 highs. While below there expect further weakness. Short term Signal Sell...
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0993 highs. While below there expect further weakness.
According to this analysis, there is a sure buy entry and can give a lot profit for 1-2 weeks holding time
A second wave (x) ended at 1.2532 on 2/16/18 where the weekly is turning down and the daily right side is down. Down from there wave a ended at 1.0877 on 10/1/19 where the 4 hour is turning up. From there a wave ((W)) is in place at the 1.1239 highs from 12/31/19 where the hourly is turning down. From there the cycle in wave (W) ended at 1.1084. While above...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1185. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.122. TP4: R2=1.124. Set the stoploss of these orders at breakout of S2=1.116. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 1.1000, beginning of uptrend is expected. We make sure when the resistance at 1.1450 breaks. If the support at 1.1000 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI downtrend #1...
ghstocktrading.webnode.com EUR/USD TECH-SHEET EUR/USD: performed only +1.53% for the year 2018, in which 16th February 2018 top 1.2557 consider to be the year top whereas 12th November 2018 bottom 1.1214 consider to be year low. EUR/USD completed (+or-) 1343 pip. If it breaks 1.1491 Buy @t Entry: 1.1491 Stop Loss: 1.1234 Target 1: 1.1523 Target 2: 1.1528 Target 3:...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.116. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1225. TP4: R2=1.1245. Set the stoploss of these orders at breakout of S2=1.114. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
EURUSD 4hr time frame bullish. found leaner support following ABC also bull pennant intact. if it doesn't break up than it will more bearish till 1.11400.
EURUSD on FOREXCOM exchange has taken support on ichimoku Kumo cloud and is on verge of breaking out. Buy above 1.241 with SL 1.22 and Target 1 at 1.27 and Target 2 at 1.31