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Eur_usd

Visión de un novatoAnalizando desde una perspectiva de 4 horas, tenemos en cuenta que el precio formó un evidente doble techo en lo que fueron dos tendencias alcistas muy duraderas. En el camino dejó un buen rastro de pinbars y como verán, alguna que otra duda acerca de éstos. Debo admitir que si bien los doble techos dan un acierto bastante fiable, no utilicé ningún indicador para éste análisis (siendo fiel a lo que aprendí, utilizando técnicas kiss) y guiándome por las figuras básicas, el porcentaje que pueda llegar a bajar éste precio va desde la unión de éstas dos montañas, hasta la linea de las puntas. Por lo tanto, opino que es una buena posición para entrar en corto, sacando un riesgo-beneficio de 2 en 1. Desde ya, analizar por ustedes mismos, en éste caso me veo apoyado por dos usuarios en ésto como lo son JasperForex y JamesKabyemela, aunque ellos utilizaron otra manera de analizar éste gráfico. Un saludo.
Short
by Soney
4
Hidden divergence on the EURUSDThe 50-day Disparity Index shows a hidden divergence on the EURUSD that has formed over the past 2 months. It's easy to say that the euro's bearish trend is strengthening ever since the high made at $1.103 on Monday, but it's important to highlight the fact that the presence of such a bearish divergence will likely lead to a break of March's lows ($1.046) with possible continued selling pressure all the way down to parity (this is almost every sellers target it seems like, so why not). Divergences provide momentum setups to profit from strengthening of trends, and in such a case it's recommended to hold short positions for as long as possible.
Short
by ABRAK75
1
EUR/USD Correction, Long Bias Until...EUR/USD has made a correction move all week. Next week we may see a continuation to the downside. Until then it seems as if a bearish Gartley pattern may be forming for the next plunge to the downside. There is hidden divergence on MACD also forming and Point C is Sup/Res on the hourly chart at 1.0720 to make a 1.27 Ext into1.0920. As long as that upward trendline is intact, I will be looking for long opportunities. Next week is full of data releases which may cause us to finally see a break in the upward trendline for further downside. Once it breaks, Short Positions my friends!
Long
by LadyLex
EUR/USD Approaching long term confluence!!The EURUSD is at an interesting point. If we zoom out to the monthly and look at the overall trend we can price has been in this downward channel since 2008. However, more interestingly we can see the black ascending trend line which has been testted twice. Once in 2000 and once in 2001. Both times price has failed to break it. Both these lines cross at around 1.06000. We can also see price has been in free fall since testing the upper channel ceiling in May 2014. With the fundamental outlook looking bleak for the Euro I still feel bearish on any Euro pair, however, these technicals cannot be overlooked. Until I see a siginificant break of the descending channel and the black ascending trend line I am going to remain out of EURUSD for the time being. We could technically see a bounce back towards 1.2000. Watch this space.
by FollowMyTrades
4
EUR/USD Buying opportunityAfter 6 Months of a complete bearish bias on EUR/USD all the way down to 1.1600, we present to you our first short term buying opportunity! 1.1500 Strong support level is holding strong and we are long up to 1.1750! Will be watching DAILY price action around the 1.1750- 1.1800 mark in order for us to determine wether or not the pair is ready to go sort again for our overall downside target of 1.1250 - 1.1000 Stay tuned for the EverythingFx website release the start of february with our board of verified traders.
Long
by EzraCapital
3
EURGBP - Important Low Could Be In for Bullish Cycle To DevelopThere has been lot of negative news stream lately and seeming fundamentals suggesting EURO will probably disappear. I accept that the development in the Eurozone has not been very encouraging. However, it is my view, that this is grossly overdone perhaps by traders who seem to looks at existing trend to continuing in to infinity and have developed mentality of shorting Euro everything on retracement. OR what we call "Smart Money" has been using the current trend to trap a lot of traders as the reversal is very close. In fact many of the Forex Chat users will confirm that over the last couple of days, I have been suggesting important low in the EURGBP is being formed. It is a shame that I was beaten to it by today's SNB's action before publishing my chart. Nevertheless, I am more convinced that this is likely, a significant low in the EURGBP and possibly in many other EUR pairs such as EURCAD etc. to plan for longer term bullish swing trade. Summary: 1. In the proximity of rising long term trendline support (see monthly chart) 2. At historical horizontal support level and 50% retracement of the previous swing. 3. Appears to have completed WXY zigzag correction since 2009 high with current minor cycle forming "Ending Diagonal" wave (V) of C. 4. RSI bullish divergence. If now, we likewise see double bottom EURCAD, EURNZD and very importunately possible low in EURUSD with stops taken out just below 2005 low, the prospective bullish move could be due to relative strength of EUR coming into play going forward and could last for several weeks if not months. One to watch for sure. As always, do your own analysis for your trade requirement. Select to follow me and the chart for notification of future updates. If you like the analysis then please indicate this by thumbs up, comments and sharing with others. If you have an alternative idea then please share for all to learn from. Thank you for taking the time to read my analysis. DanV
Long
by DanV
7
Another potential AB=CD forming Explanation is on the chart, but price was rejected on the AB leg of the pattern today making the probability of price retracing along the BC leg, which is the area where I will be looking to go short the pair, to the stated profit levels on the chart. If price continues downward then the pattern will be invalidated, where as I will be looking elsewhere for better trade opportunities. But yea, all in all, it looks like it will setup quite nice. So we'll see what price decides to do, and trade based off of what it speaks to us. And since the pair is in a long term downtrend I only look for shorting opportunities on it. Happy Trading traders =D
Short
by Daniel.B
1
EURUSD Forecast: 1/8 (HIGH) to 1/16 (LOW)www.monthlyforecasts.net Last forecasted cycle ended with the actual price trend HIGH on 1/7 - one day earlier then the forecast date of 1/8. This is what W.D. Gann describes as an Orb, or lost motion in time. The actual forecast high can come in either on the forecast date, or 1 day of either side of the forecast date (Orb). This is covered in the STARTER KIT, which is located in the Member Area of our site. Price is forecasted to trend down until 1/16. The trend line arrow is to signify this price trend decrease but does not represent where price decrease will stop. Towards the end of the cycle I will update this cycle with a projection as to where the 1/15, 1/16, and 1/17 prices are headed for (to account for Orb).
Short
by MonthlyForecasts
EUR/USD DAILY 300 PIP range PlayoutDAILY SUPPORT + RES FOR THIS PAIR. NOW BELOW SUPPORT- DAILY CLOSE WILL INFACT DRAG THE PAIR LOWER. Overall Downside Bias on EUR/USD since the weekly T.L Break around 1.3500.. P.A rules suggest point 1 of this weekly trend line does need to be fulfilled technically as we broke below point 2 and is now our immediate RES level... Strict Sells only on this pair.... only looking to change bias once i have seen daily reversal formations around 1.2040- 1.2000... with upside targets around 1.2300 (EUR/USD currently moving through 300 PIP trading ranges
Short
by EzraCapital
EURUSD: concrete short term scenarioWith the ECB being almost solely focused on raising inflation to 2% and recent data showing it is way below their target (and it has in fact dipped), this pair will continue to be under selling pressure, driving it down further. The slide in oil prices will only increase this pressure. Fact is that the euro zone is struggling. Interest rates have been cut to practically zero and ECB president Mario Draghi has explicitly cited bond-buying as a possible tool. Although there is some disagreement on this between ECB members, it is expected that QE in the euro zone will at least be seriously debated as of this week. The dollar on the other hand has been gaining in strength the last few months with the DXY shooting up to 88.28 last Friday. This pair is still bearish in the daily as a rising hourly channel again failed to break the daily trend line. I now see it trading within a steep bearish channel and if it respects the upper trend line of this channel, it might break through support, then retrace only to decline further. I would enter the short conservatively, meaning only after break, retrace and subsequent bounce of resistance. This is a concrete short term scenario, lets wait and see if the pair follows “the script”. EU has been rather moody and choppy lately and market sentiment matters, so beware!
Short
by JazzForex
2
Extrapolation on EURUSD main trendOver the past 7 years, EURUSD exhibited 4 major Up-Down mouvements. It is currently in the Down phase of the 4th event. The major trend seems to be a funneling, i.e. lower Highs and higher Lows. But a trend can also be seen in the rate of change of the mouvement amplitude, i.e. the distance between High and Low is decreasing with time. If one extrapolates this rate of change to the current mouvement, the Bottom-Top distance would become 18.8%. In turn, this would yield an expected Bottom price of ~1.179. Note: This is a simple data analysis exercise. It is in no means based on any monetary policy forecast.
by YannDe_La_Scher
EUR/USD with option expiry levels for 12th NovemberJust an simple chart with options expiry levels and pivot points with 2 simple moving avg. Yesterdays rally was impresive yet it was all done on a thin market with USA holidays so I'd not be focused on that move. Also the hourly rejections at 1,25 looks awfull for bulls if You take a look at yesterdays shooting star and current hourly close which is also below 200 MA and shows clear rejection from 1,25 level. On the other hand Asian session rebound from pivot point level (1,2455) and large options expiry at 1,25 level may suggest that the corrective move up is not done yet. The basic scenario would be to look for long entries as long as price is above 1,2445 level .
by tomasz.goljan