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Eurusdidea

EURUSD Long Term Technical Analysis (monthly)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 years. Or, long-term trends no longer matter, and prices will still follow the downtrend between 1.15 and 0.95 for a while. Time will show which trend will win ... Good luck on both sides, May the best win... Only personal opinions and ideas. Does not Include Legal Investment advice...
by EmoteK
EURUSD Idea 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 we should enter long. If the price fails to build the H&S that means we are going lower setting up perfectly to enter Long
by Hybriss
Short EURUSD: Double Mountain theoryFrom my humble fully-technical perspective, I see double mountains appearing in a bearish trend for EURUSD. From my fundamental perspective, US Manufacturing PMI was 1 entire point lower than expected but European markets decreased due to new surprise US tariffs on Argentina and Brazil markets. US doesn't abandon trade war, that's why I think EURUSD will form a double constant mountain and then maybe will go up or down, who knows. But in the shortest term possible (10 days) I bet bearish for EURUSD 1.1012-1.1120 (Stop loss)
Short
by alexinve