Correction in downtrend...Possible ABCD pattern ..Breakout below B will take the pair to D....
#EURUSD (update) In daily timeframe Chart, EURUSD is Still Moving Above the Major Trendline But At the Moment, Bears in Full Control. If EU lost the Trendline Support, It Might Retest the Major Horizontal Support Area (1.160) & In bullish Case, If Remains Above the Trendline, Expecting Another Bullish Wave towards the Horizontal Resistance (1.220) Please...
EURUSD - Intraday - We look to Buy at 1.1953 (stop at 1.1924) Broken out of the channel formation to the downside. Pivot support is at 1.1942. With signals for sentiment at oversold extremes, the dip could not be extended. A higher correction is expected. Our profit targets will be 1.2037 and 1.2057 Resistance: 1.2000 / 1.2030 / 1.2050 Support: 1.1980 /...
Hey traders, EURNZD broke and closed below a support line of a rising wedge pattern on 4H. The price formed a double bottom formation within the wedge leaving bearish clues. Now I expect a bearish move after a retest of a broken trend line. Goal - 1.682 ❤️Please, support this idea with a like and comment!❤️
Hi guy's, EURUSD as been bearish for some times now.... Well with the bearish we had yesterday, although people might think it's over but it's not, it likely for EU to continue in bearish....... 1.20526 is a level I want price to retest for possible bearish continuation...... Or if price break below 1.19899 and retest it possibility of Bearish Continuation too...
Idea for EURUSD: - 5 wave impulse completed. - Broke down from corrective Rising Wedge. - Rejected from a Tail resistance. - Will continue the 13 year downtrend. TP1: 1.176 420 pips PT: 1.148 700 pips GLHF - DPT
As FOMC is coming in today, I looking for a short EURUSD. things already show on chart. thanks.
EURCAD broke major downtrendline Bullish wave (a) ended at level 1.4820 then corrective bearish wave (b) rejected from key level corresponding to 61.8% Fibonacci level at 1.4670 Price is based above HVN at level 1.4715 which indicates that pair is in accumulation phase Above SMA 100 It's expected forming bullish wave (c) to target level 1.4920
EURNZD - Intraday - We look to Buy at 1.6879 (stop at 1.6848) Daily signals are mildly bullish. Trend line support is located at 1.6880. We look for a temporary move lower. We look to buy dips. Our profit targets will be 1.6968 and 1.6988 Resistance: 1.6950 / 1.6980 / 1.7000 Support: 1.6930 / 1.6900 / 1.6870
EURUSD - Intraday - We look to Sell at 1.2197 (stop at 1.2217) Trading within a Bearish Channel formation. Trend line resistance is located at 1.2190. We look for a temporary move higher. Preferred trade is to sell into rallies. Early optimism is likely to lead to gains although extened attempts higher are expected to fail. Our profit targets will be...
EURUSD - Intraday - We look to Buy at 1.2088 (stop at 1.2067) Trend line support is located at 1.2090. Dips continue to attract buyers. We look to buy dips. Trading within a Bearish Channel formation. Our profit targets will be 1.2148 and 1.2168 Resistance: 1.2120 / 1.2140 / 1.2160 Support: 1.2100 / 1.2080 / 1.2060
EURUSD - Intraday - We look to Sell at 1.2169 (stop at 1.2187) Trading within a Bearish Channel formation. Trend line resistance is located at 1.2170. Pivot resistance is at 1.2181. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our profit targets will be 1.2121 and 1.2101 Resistance: 1.2130 / 1.2150 /...
ECB, Rehn: we haven't discussed moving away from PEPP. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to...
With hitting the strong resistance, EURGBP is expected to bounce back off.
EURUSD - Intraday - We look to Sell at 1.2169 (stop at 1.2187) Broken out of the wedge to the downside. Trading within a Bearish Channel formation. Trend line resistance is located at 1.2170. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 1.2121 and 1.2111 Resistance: 1.2130 / 1.2150 /...
Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 100%, 127.2% Fibonacci extension and horizontal pullback support. We could see a bounce and further rise towards 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also holding above the ascending trendline support, as well as price, showing...