CAPITALCOM:EURUSD
As you can see that EURUSD has created a trendline pattern and forming lower low formation.This is for monday (14-08-23) Take retest entry. plan your trade accordingly...
Technical outlook
From a technical perspective, the RSI (14) on the daily chart is already flashing extremely oversold conditions. This makes it prudent to wait for some near-term consolidation or modest rebound before positioning for any further losses. Hence, any further decline below the 1.0000 psychological mark is more likely to find decent support near the...
As you see UKRAINE - RUSSIA WAR making big impact in this pair due to geopolitical issues impacting whole EUROPE. For short duration go with short 100-200 pips not more than that huge demand area there
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not...
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... went up again in the area 1.19500-1.2 from where it went down again!
as you can see on the chart for 1 week, I expect that in the next...
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... went up again in the area 1.19500-1.2 from where it went down again!
as you can see on the chart for 1 week, I expect that in the next...
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... went up again in the area 1.19500-1.2 from where it went down again!
as you can see on the chart for 1 week, I expect that in the next...
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...
Here EUR/USD trying to escape from the parallel channel. I think it would start marching upward soon from the support area of the Box pattern. Its trend is reversing, so day traders can sell now for the levels of 1.1706 - 1.1696 . And a breakdown of 1.1690 is a direct signal for a continuous downtrend that can be for 1.1666 - 1.1636 .
Downtrend initiator: ...
The 1 hour is up against 1.0868 low. Near-term, while dips remain above 1.0868 low expect pair to extend higher for few more highs before it finished correcting the cycle from 3/09/2020 peak in a zigzag structure & resume the downside. We prefer selling the bounce in 3, 7 or 11 swings at the extreme area when seen ( see 4hr chart).
Short term Trade
Long...
