EURUSD FORECAST FOR THE WEEK AHEAD!!!!!!!!Eurusd Forecast for the coming week. We are currently making Lower lows and lower highs on the daily chart. We are coming up to a key POI. I will be waiting for confirmation before I make my entries on the lower time frames.
Trade safe, protect your capital and consistency is the key to success
Eurusdshort
Tricky EUR/USD (June 7)EUR/USD is on heavy Consolidation
EUR/USD is getting Hard and Challenging for Traders. With a Hefty Risk.
Previous Two days of Price Action has been Considerably in a Pattern.
Changes could happen only when there is a Heavy Impact of News
This Day Could end with Either a Doji or Potential Bullish Candle.
Today is not Suitable for Trading in EUR/USD.
Sudden Changes could happen, because of low Volatility and Volume.
There will be a 100% Start of a Trend when there is a heavy news impacted the EUR/USD Pair.
Keep your eyes on the Market when there is a News which will impact heavily.
EUR/USD will soon become the Big Player after the Consolidation Period or Pattern.
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2150).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2055
TP2= @ 1.1985
TP3= @ 1.1950
TP4= @ 1.1835
SL: Break Above R2
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EURUSD FAKE BREAKOUT | LETS BUY EURUSD actually breakout at trendline and also at strong support level .
Its very well tried to completely break trendline and support level but suddenly it comes and respected trendline and support level.
So we can say it will continue to rise.
It will little bit come down to retest support/trendline level and after that it will must have go to HIT our TP.
So lets buy
BUY EURUSD
============
TP 1: 1.22142
TP 2: 1.22389
TP 3: 1.22624
Strong SL : 1.21281
What you thinking about this chart and analysis ?
Hope you gain more profit.
Thank you.
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2245).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 38.
Take Profits:
TP1= @ 1.2175
TP2= @ 1.2150
TP3= @ 1.2125
TP4= @ 1.2100
TP5= @ 1.2065
SL: Break Above R3
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💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2210).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.2160
TP2= @ 1.2125
TP3= @ 1.2055
TP4= @ 1.1985
TP5= @ 1.1890
SL: Break Above R2
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. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
EURUSD - Breakout of Parallel ChannelEURUSD has given a clear & strong breakout of Parallel Channel towards the downside. It reversed from the resistance, which makes our second confirmation. We should look for shorting opportunities on EURUSD till it reaches its target. You can follow me on Insta - tradintra_fx.
EURUSD: Bearish sequenceThe poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.