EUR/USD 🇪🇺 🇺🇸 to decline up to either 1.17396 or 1.17574.+0.67% on EUR/USD 🇪🇺 🇺🇸. We see that the price was rejected by the 0.236 fib lvl. The Stochastic overbought is suggesting that there will be a decline with the possible bounce from the two indicated levels of either 1.17396 or 1.17574.
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Euro-dollar
USDCHF Ascending Triangle Pattern Formation For Long .USDCHF is forming Ascending Triangle Pattern at bottom, after trending in down side for last couple of weeks. According to Chart Pattern analysis , We might see upside in USDCHF. One can initiate the long trade with proper risk management and stop loss .
Thank You.
EUR/USD 🇪🇺🇺🇸 to test the 0.5 fib level one more time!+0.22% on EUR/USD🇪🇺🇺🇸. The 0.5 fib level has not been broken yet and the last breakout happened to be a false one , however , the swing at the ROC 3 suggest that the price is going to breakout the 0.5 level higher this time.
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EUR/USD 🇪🇺 🇺🇸 to bounce from support zone!EUR/USD 🇪🇺 🇺🇸 is likely to bounce from the support zone. The ROC and RSI shows 2 deep oversolds and the price is likely to test pretty strong 0.5 fib level.
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EURUSD: Important Bearish Breakout!
good morning, traders!
EURUSD has violated a support line of a rising parallel channel on 4H.
high momentum bearish candle confirms a strong bearish sentiment.
to catch a bearish continuation, I would suggest being focused on a local expanding blue supply area.
I will look for an hourly reversal pattern within that to short the market.
first goal will be 1.17
good luck!
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.178). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 1.1725
TP2= @ 1.1680
TP3= @ 1.1610
TP4= @ 1.1490
TP5= @ 1.1375
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.178). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 1.1725
TP2= @ 1.1680
TP3= @ 1.1610
TP4= @ 1.1490
TP5= @ 1.1375
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Liquidity swing below August lowMarket makers are going to buy euro at the best discount price: 60-80 pips below August low.
I expect them to drive price back to August low and higher - to last last week's low to take the stops above last swing high - that is where they are likely to unload the big buy. Best to wait until London session. I am pretty sure Wednesday low will be taken during Thursday's London session before price will be driven up.
If by Friday close price will not reach last week's low - the bearish trend will continue after drive to August low.
EUR/USD 🇪🇺 🇺🇸 to go on rising and pullback from the Support +0.28% on the EUR/USD 🇪🇺 🇺🇸 as the last forecast worked out. The situation is ambiguous , cause we see the high overbought at the RSI , however the recent swing at the ROC , Volume spikes and the potential Golden cross suggest the price can grow. In this case the pullback from the Support zone is expected to follow.
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EUR/USD 🇪🇺 🇺🇸 to test the Upward channel's Resistance!EUR/USD 🇪🇺 🇺🇸 is rising in the Upward channel. The Elliot impulse wave is still on the rise and the golden cross suggest it will continue in the short-term. The Volume spike suggest the price is going to stay above the channel's midline. However , we shall be careful here as the RSI and ROT indicates that the price is lying in the overbought zone , thus the possible pullback from the channel's support can follow.
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EURAUD H1 - Short SetupEURAUD H1 - Second test presented itself, marginally a lower low, but still trading below that 1.65 whole number, need to set these lower low sequences for the downtrend, similarly we have some other bullish setups included in the rundown where we need to set those higher highs!
USDJPY Head & Shoulder Pattern Formation For Short Trade.USDJPY is Trending in consolidation to upside in uncertain event/news/condition. it is forming head and shoulder pattern as shown in chart. According to chart pattern analysis, we might see downside in USDJPY from Current levels . One can initiate the short trade with risk management and stop loss .
Thank You
EUR/USD 🇪🇺🇺🇸 to bounce from Support zone!EUR/USD 🇪🇺🇺🇸 is rising in the Upward channel. The price lies in the ROT and Stochastic overbought zones. As the price is pulling back from the channel's resistance and the bounce is likely to follow from Support/Resistance zone!
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