According to Price action analysis, EURUSD looks like a supporting a sideway movement this week,
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.
analysis mentioned on the chart.
The weekly right side is down against 1.4917. The daily is turning up against March lows at 1.0636. The 4 hour right side is up against 1.0757. The hourly right side is up against 1.1759. While above there the pair can continue higher toward 1.2200 in the cycle from the March lows. BUY @ 1.1802-1.1780 TP: 1.1880 SL: 1.1750 Good luck !
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 !
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 3/09/2020 peak (1.1492) & shows a bearish sequence. 1 hour is down against 1.1353 high. Near-term, while bounces fail below there expect pair to extend lower 1 more push before last push higher against 3/09/2020 peak can be seen. BUY EURUSD @1,1215-1.1210 Target- 1.1300-1.1350 Stop Loss: 1.1150 Good luck !
The price has reached the bottom of the long-term trends it has created since 1985, with the downtrend it has created since 2018. When we look at a monthly basis, we can see that the indicators are trying to move from the fall to the rise. In this sense, with the breaking of the downtrend, we can see a new rising channel that will work for a minimum of 4...
The 1 hour is up against 1.0868 low. Near-term, while dips remain above 1.0868 low expect pair to extend higher for few more highs before it finished correcting the cycle from 3/09/2020 peak in a zigzag structure & resume the downside. We prefer selling the bounce in 3, 7 or 11 swings at the extreme area when seen ( see 4hr chart). Short term Trade Long...
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 !
as expected last week we saw eurusd breaking that huge H&S on the H4 chart resulting in a fast movment t now we see a continuation of the pattern 1- H&S target have not been achieved yet 2- We have a double bot formation on the daily 3- big buying sentiment next to the breakout level
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...
We are now trading a lower tunnel inside this huge triangle. last week we has ended with the price touching the resistance level . - Hourly chart indicates a potential H&S set up - RSI and MACD showing divergencies Short next to this resistance level aiming to the right shoulder level and see how it reacts. This level is key to show if we are going lower or if...
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
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2557. The 4 hour right side is down with a bearish sequence against the 1.1496 highs from 3/9/20 . The hourly is turning down against 1.1148. While below there expect further weakness. Short term signal Sell EURUSD @1.0940-55 Target: 1.0860 Stop...