Eur_usd
DXY rising !Hello friends and companions
As for the dollar index, I think it will continue to move up after a double-bottom weekly support level.
Also, in the weekly, 4-hour, and one-hour timeframes, there are suitable conditions for rising.
So with this hypothesis, I would like that you check the EUR/USD and USD/CAD charts.
Cordial regards.
EUR/USD 1H setup, if market open continues with a pullback
This setup is based on wave analysis, we got a break of structure to the up side.
Entry points are calculated by fibs and structure probability turning points.
IMPORTANT!!!
Setup expired once price touches the TP.
If there is no pullback and price just goes up to TP
Setup is canceled.
Eur/USD Head and Shoulders in Swing Trading Channel! 1051 pips!As we can see on the weekly chart, the current trend is marking a deep reversal determined by the rebound on the dynamic trendline of the upper edge of the channel, as well as by the "Head and Shoulders" pattern. It will take many days for the breakout to occur, but for lovers of Positioning Training, this is an opportunity not to be missed!
After the breakout, prices should reach the 1.15972 level and then move towards the 1.18997 level and reverse.
The first Target is fixed at the 1.11813 level, while if the downtrend continues we can expect a touch on the lower dynamic trendline of the channel, and then for safety fix our Target at level. 1.08162 approx.
I recommend entering the breakout or as soon as possible for the right shoulder training.
***** They are not financial / operational advice but only personal ideas *****
Come possiamo osservare sul grafico settimanale, il trend in atto sta segnando una profonda inversione determinata dal rimbalzo sulla trendline dinamica del bordo superiore del canale, nonché dal pattern "Testa e spalle". Occorreranno molti giorni affinché avvenga il breakout, ma per gli amanti del Positioning Training, questa è un'occasione da non farsi scappare!
Dopo il breakout i prezzi dovrebbero raggiungere il livello 1.15972 per poi andare verso il livello 1.18997 e invertire.
Il primo Target risulta fissato sul livello 1.11813, mentre se il downtrend continuerà ci possiamo aspettare un tocco sulla trendline dimanica inferiore del canale, e quindi per sicurezza fissare il nostro Target al liv. 1.08162 circa.
Consiglio di entrare a breakout o quanto prima della formazione della spalla destra.
***** Non sono consigli di finanza/operativi ma soltanto idee personali *****
EUR/USD POTENTIAL SHORT IDEA 1D, 2 TARGETSGood evening FX traders, wishing you all a profitable week as always.
EUR/USD has been making lower highs in the daily timeframe. We can observe price is under pressure under the 5-month resistance from which we hope we can enter a short position with the targets as seen above.
**This is just my forecast based on my own interpretation/analysis, you are not obliged in any way to follow it.
EUR/USD THE GREAT BOUNCE BACK !!!!EUR/USD has already reached the febs lowest high's support and likely to retest the level at 1.2076 and bounce back! below there's a piles of strong level resistance. opting for a long position as it has already began to form a ascending channel. Fundamentally the US House of Representatives passed President Joe Biden's $1.9 trillion coronavirus relief package gives us a good sign of a uptrend ! even the RSI shows a clear bounce back, cheers lets all have a good week.
EUR/USD 4H TIMEFRAME SHORT IDEAGood evening, FX traders, breakout has been achieved, we should be waiting for a small retest in the previous trendline and if the confirmation matches our analysis this will pave the way for a short position with a target at 1.19574.
** This is just my analysis and you are not obliged in any way to follow it.
Follow me for more ideas and forecasts.
🏛EUR_USD WILL RETEST THE↗️RESISTANCE LONG🚀
☑️EUR_USD retested the falling support line
In a move that was a pullback of the bullish movement
And will most likely continue going UP
To retest the horizontal resistance level
where the move will stall and we might be looking at a short trade
LONG↗️
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