Eu is going to have a correction on the downside for the previous rise . One should go short on current levels with day high SL and look for the target of 1.06 atleast
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0605).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
EURUSD BUY
Before Entering Trade do Your own Analysis it's Only for Educational Purpose
Thank you so much for Your Support
Rules to follow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell...
HERE MY ANALYSIS IS HIDDEN BECAUSE THERE ARE SOME CONFIDENTIAL DETAILS ARE LISTED THERE WHICH ARE ONLY BANKS AND INSTITUTIONAL MUST INVOLVE BUT I CAN EXPLAIN SOME THAT IS HERE THERE IS FOR TP AND FOR ENTRY THERE IS A KEY LEVEL
THE INDICATOR I USED TUTORIAL RULES ARE LISTES BELOW.
BOLINFER BANDS:
Basically, this little tool tells us whether the market is quiet...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
EURUSD formed Flag Pattern, which breakes either way to make strong trend for short term. My view is moslty "BULLISH" for short term with updated Supprot and Resistance.
Support 1: 1.05219 Resistance 1: 1.05562
Support 2: 1.04775 Resistance 2: 1.05989
Hey traders,
Relative strength index is a classic technical indicator .
It is frequently applied to spot a market reversal.
RSI divergence is considered to be a quite reliable signal of a coming trend violation and change .
Though newbie traders think that the application of the divergence is quite complicated, in practice, you can easily identify it...
"Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime" - unknown origin*
🔴What does this quote mean, and how does it related to trading (signals)?
The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should teach...
EURUSD remains firmer inside a fortnight old bullish channel ahead of the Fed’s preferred gauge of inflation, also staying beyond the key SMAs. Currently, the channel’s upper line surrounding 1.0800 lures the pair buyers, a break of which will direct them towards the 78.6% Fibonacci retracement (Fibo.) of April 21 to May 13 fall, near 1.0820. It’s worth noting...
Will price continue to rally??
Price are moving in a bullish triangle pattern...wait for frice to break out of the triangle pattern and wait for a proper retest on the broken triangle pattern...
Trading Ideas-
Short positions below 1.0762 with targets at 1.0344 & 1.0106
Alternative scenario
If price sustain above 1.0762 look for 1.0956 & 1.1179 as targets.
Supports and resistances
1.0344 & 1.0106
1.0956 & 1.1179
Breaks flag pattern and acheive all targets which I nnentioned in previous post till 1.06817 and reaches high of 1.06960. Now consolidating in levels of 1.06817 and 1.06405. Breakes either side and hold for 30min minimum we can take trades and observe levels carefully.
Happy trading.
please follow and Support.
EURUSD consolidates the biggest daily gains in nearly three months around a fortnight top during Tuesday. In doing so, the major currency pair retreats from a weekly ascending trend channel’s resistance line amid an overbought RSI. However, the quote remains beyond the 200-SMA and previous resistance line from late March, respectively around 1.0650 and the 1.0560....
Hi Guys, EU is on Long Buy now with small Retracement in price action. Don't miss the opportunity. This is my Swing Trade Analysis for the week. Happy and Safe Trading.
Note: Always trade with proper Risk & Money Management.
Kindly, Like and comment on my analysis so i can learn and share more like this.
EURUSD has formed head and shoulders on 4H chart. Breakout, retracement leg is complete as well. Conditions seem ripe for H&S bullish continuation push upwards. Measured move target: 1.08.
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
FXCM
