D-EUR
EURUSD LONG SETUPKey reasons to look for longs.
1. Price consistently forming higher lows & higher highs.
2. Price holding well above 200 Day Moving Average.
3. Price broke and closed above and held above the Trend Line Resistance from 6th of January 2021.
4. Decent price action & volume.
5. Good Risk to Reward Ratio.
Buy Trade Setup
Long @ 1.2060
Targets @ 1.2180, 1.2240, 1.2345
Stops @ 1.1966
R/R ratio 1:3
EUR/GBP IDEAHello traders,
We have very good opportunity to look carefully to this currency pair.
We have:
+ Monthly candle going down
+ Weekly candle going down
+ Daily closing support zone
+ Minimal stop loss for idea
+ Bearish crowd
What we can do? - Wait for daily candle closure.
Thanks for watching, please comment and like my video.
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
EURJPY facing bullish pressure, potential for further upside!EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% fibonacci retracement. Prices might push up towards 1st resistance which coincides with 61.8% fibonacci extension and 127.2% fibonacci retracement. If prices fall through 1st support level, prices might pullback to 2nd support which coincides with 61.8% fibonacci extension and 50% fibonacci extension. EMA is also below prices, signalling a bullish pressure on prices.