EURUSD Analysis!EURUSD Weekly Analysis!
EURUSD Support Trendline Breakdown!
Short Trade Opportunity in EURUSD!
EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look.
Thank You!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
Eurusdweekly
EURUSD Weekly Forecast 11-15th may 2020The 4-hour right side is down against 3/08/2020 peak (1.1497) & shows a bearish sequence. 1 hour is turning down against 1.1020 high. Near-term, while bounces fail below 1.1020 high expect pair to extend lower.
Short EURUSD
@1.0950-1.1000
TP 1- 1.0850
Tp2- 1.0720
Good luck !
EURUSD WEEKLY FORECAST ( 27th April 31st April)The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0993 highs. While below there expect further weakness.