Eurusdlong
EURUSD INVERTED
Head and Shoulder
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
EURUSD WEEKLY FORECAST 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.
EURUSD LONG TRADE SETUPthe 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 !
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...
Will the Triple bottom Saves EURUSD from Going down?Euro against dollar pair traded within the price limits for the last one month or so, and clearly visible this week the pair will look forward to go high with the last week closing candle little off the floor, also a triple bottom pattern formed .. from the price action analysis view , bulls have the upper hand this week.
when it goes high, it may finish with 1.11000 at the end of the week, if goes bottom may finish up 1.06500, but the earlier options looks bright according to me
EURUSD Bullish continuation Double Bot breakout level nowas 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
EURUSD another round of bullish trendEURUSD
EURUSD currently completes its Elliot correction wave of C which is further signalling the buyers are in near term control
From the current level 1.10000 which is a major psychological level, We can open long positions
Primary target would be 1.11400, Which is recent resistance level
Stop lose may placed below the completion of Wave C
Leave your comments below
EURUSD is trading in a rising channelEURUSD
EURUSD is trading in a rising channel. So far the Channel support was not broken
Weakness in USD will support the long in EURUSD
Suitable long positions may open at 1.08545
Potential take profit will be 1.10140
Stop lose may placed below the channel support level 1.07800
Leave your comments below
EURUSD WEEKLY ANALYSIS MAR 30 TO APR 3EURUSD continues its strong reversal occured on last week, and expected to continues its bullish momentum, before that it will retest the significant price level of 1.10000 and will rise higher at later half of the week..analysis from the perspective of technical analysis and price action..
EURUSD LONG TRADE SETUPThe weekly is turning lower and the daily right side is down against the 2/16/18 highs at 1.2551. The 4 hour right side is down with a bearish sequence against the 12/31/19 highs at 1.1237. While below 1.0949 where the hourly right side is down the pair can see another low in the 1.0700 area before it corrects the cycle lower from the 12/31/19 highs.
EURUSD TRADE SETUP FOR LONGA 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 there it can see a bounce to correct the cycle from the 12/31/19 highs. While below there it can see another swing lower in the correction of the cycle up from the 10/1/19 lows.
EURUSD beginning a bullish channel since November 2019Good macros from European countries make the EURUSD follow a book bullish trend at the same time that Fed is trying to keep up its repo balance sheet and dollar is weakening against major currencies (refer to DXY where it has broken second support). The fact that Iran looks like is going to retaliate any moment from now does not give a positive scenario to markets and even though it was the US who issued the order to kill General Qasem Soleimani, a hard response from Iran (until now it has only withdrawn from the nuclear agreement) would mean an appreciation of the dollar currency as it is considered as the safe heaven. Other currencies, despite their good macros would tumble. As this is the worst case scenario, EURUSD contemplates this possibility and does not react as expected towards good macros from European countries. Besides, today's US's ISM Non-Manufacturing PMI and Factory Orders (MoM) were better than expected which gives wings to the greenback. My position would be: Start a bullish position in EURUSD at 1.1118, bearing the risk it can go further below at 1.1101 maximum and close at 1.1245, bearing the possible missed opportunity at 1.1260.