Eurusdsignal
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
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EURUSD SHORT 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 above 1.0773 where the hourly is turning up a bounce to correct the cycle from the 12/31/19 highs can further develop.
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 SHORT TERM TRADE SETUPA 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 1.0876 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. Wave ((X)) remains in progress while below 1.1095 where the hourly is turning down it can see weakness toward 1.0900 before a turn higher continues to correct the cycle from the 2/16/18 highs.
EUR/USD TECH-SHEETghstocktrading.webnode.com
EUR/USD TECH-SHEET
EUR/USD: performed only +1.53% for the year 2018, in which 16th February 2018 top 1.2557 consider to be the year top whereas 12th November 2018 bottom 1.1214 consider to be year low. EUR/USD completed (+or-) 1343 pip.
If it breaks 1.1491
Buy @t Entry: 1.1491
Stop Loss: 1.1234
Target 1: 1.1523
Target 2: 1.1528
Target 3: 1.1534
Target 4: 1.1542
Target 5: 1.1555
Target 6: 1.1577
Target 7: 1.1620
Target 8: 1.1748
EURUSD -More Upside PossibleLast Week EURUSD was very volatile. Price has recovered from 1.13000 level. and Showing strength for Upside.This Week price can move upside for 1.15000 and 1.17000 levels as well.My Views are bullish for this week on EURUSD. * Always Move stoploss to cost if price moves more than 50 pips.*