Symmetric Triangle on EURUSD and it may break either side. Trade for Long: Buy above - 1.05490 Target 1 - 1.05780 Target 2 - 1.06070 Stop loss - 1.05105 Trade for Short: Short below - 1.05100 Target 1 - 1.04870 Target 2 - 1.04505 Stop loss - 1.5490
Fundamentally it probably make no sense to buy Euro but looking at divergence in ROC & price it looks like euro will move up from here the move can be very short term or long term i have no clue about it, but if we look in the past history data it gave really good calls.
With the FED Rate announcement just a day to go, EURUSD is approaching the sell zone. Although the move to the upside form now is really strong, we need consider that it is in a range and within the range, both the up and down legs are impulsive in nature and we cannot ignore the previous down leg and the larger trend on the chart. This gives us the most probable...
EURUSD after a month down trend and uncertainty over US presidential election outcome the pair has been remain under pressure and after Trump's win dollar getting strong. The pair has been forming a falling wedge pattern which is about complete and to turn, the pair may breakout upward, risky traders may go long in ERUUSD with a target of 1.08469 as first target...
Go long for now.. Exit will be updated when noticed.
for a short term trader...
For a Short Term Trader..some bounce on EURUSD...
1 st Call My Side EURUSD Remeber In Prayer Happy 2 Help
Reason : Continuation of prevailing move's second leg. Time-frame : Two days.
Reason : Little further upside push to catch short orders. Timeframe : Within a day.
SHORT EURUSD PAIR AT 1.12500 target 1.1108 sl 1.1310
The day of Monday will be crucial to understand if EU will open the new candle remaining above major target reached in week or if will revolve below. The Idea to find upside direction with the first target to 1,137 and 1,142, 1.1450. Let's see.!!!!!! Have a nice weekend.!!!!!!!!!!!!!
It is a good time to U.S. currency as it is trending up in channel as showed on technical chart. Target: 0.9200 SL: 0.8750