As per the chart pattern we can easily see that EURUSD is forming a Bearish Pattern On 1 Hour Time Frame.
If we take a Short Position now we can easily Achieve a target till 1.06653.
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eurusd has broken its resistance last week which was respecting for the last 6 months now we are expecting a little pullback then move up here horizontal support will play a important role so we have to focus how this support will be valid
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Disclaimer!
This post does not...
I posted an analysis of EURUSD couple of days ago and few hours ago the price has just reached where i told you in the analysis with 60 pip profit!
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Dear traders,
as I have become accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...the movement was much more aggressive and much stronger than we anticipated this week and it approached my finalk target very quickly for...
Strong buy trend in daily and came fro a 61.8% fib retracement. Going down to the lower timeframe the market has swifted from a bullish to a bearish market. So we are int this trade
EURUSD is in a strong uptrend in the daily timeframe and came down for a deeper correction. Going down to the lower timeframe the market has shifted from a bearish market to a bullish market. That is the reason we are in this trade.
Looking at EUR/USD we can see that the long term structure is bullish we have been making higher highs but have stopped on weekly timeframe we. are looking very bullish but on other timeframes we can see that we are bearish I still think this a deeper pullback so maybe we could see some sort of pullback into the 1.18500 region before going up
If we do break...
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
