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Eurlong

EURUSD BULLISH OULOOK CONTINUESEUR is slowly gaining momentum against USD, after ECB raises borrowing cost, although the terminal rate of the currency remains unchanged and the risk for the Italian bond due to the political situation in the country. On the other hand, USD is giving up to the EUR due to the decline of treasury yields after some concerning data regarding factory activity and unemployment benefits. RSI's slow moving line is bouncing off the oversold zone and it's slow line is way above it. MACD histogram is also above the 0 line confirming bullish trend. If the trend continues, it might test its previous high at 1.06, but if we see a reversal, the currency might try to test its parity again. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
NO LONGER A GOOD TIME TO HOLD SHORT POSITIONS Euro has been trapped in a downtrend for more than a year now. It's not surprising since the fed is tightening policy which leads to a huge spread between the US and the Eurozone. BUT, things are going to change soon. The ECB is about to raise interest rates too and it will exit negative territory by the end of the third quarter. The spread will be narrowed and EUR will be pumped! Let's wait and see. It's no longer a good time to hold short EUR positions.
Long
by EricaXAU
1
EURUSD 4 HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary EUR/USD TREND ANALYSIS We have 2 downward trend in red color The wider the trend the stronger The trends are 1 daily another one more internal FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
Before a false reversal! eurusdAlthough we have a model of head and shoulders and obviously there will be a small correction, we will be able to buy without worries at a target level of 1.21296 things will evolve positively for eurusd for those who have patience, for those who still believe that what we have it's a typical reversal and things will go down. I want to mention that it is not advisable to work against a trend that shows its strength for a period of a day or 4 hours, although we are approaching an important level of resistance! Trade only as much as you can lose, this is not a suggestion or an exhortation! You are responsible for your losses and gains. This theory that I have formulated is only my opinion!
Long
by Caesarstein
EUR LongEUR Long may be a good trade, Sunday Evening, before the upcoming interest rate announcement on JPY, Monday Night. EUR is differentiating on Market Lead NZD. At the moment, EUR is the only currency on the strong side of the Weekly Smoothed Moving Average against Market Lead NZD, although CHF and JPY don't look too weak on that front either. EUR is crossing the 10 Day Linear Regression Offset against AUD, GBP, and JPY. EUR is also crossing the 15 Day Linear Regression Offset against CHF. I'm going to monitor EUR Long as the trading week starts to see if it maintains that strength.
Long
by Osinaike
4