EURUSD ReversalBubble for timing is a test that will take some huge time to confirm lol
Either way, point is looks like eurusd could turn up here. Iif we do, we''re still inside that huge downtrend. So breaking it it's a different story, but at least expecting it to bounce here.
This is some huge time frame, mostly for study and keep things in perspective/be used as reference. Not for day trading obviously
Funny how eurusd was on a huge bulltrend since 2002 when notes started circulating and with 2008 stuff EUR got hit with the European debt crisis. muricah wanted that dollar power. Things apparently look better to europe rn. Pretty dope to see this dollar vs euro, us vs europe stuff going on
EURO-USD
EURUSD new bullish market kicking inAs we've seen, the pair couldn't go lower than the historical price 1.1180. At this area, we've seen the pair bouncing multiple times creating an head and shoulders pattern in our 4h chart. The rejection of the support towards the market is giving place to our current shoulder.
We should see the pair climbing up forming new Highs.
EURUSD - Sell PreparationHey!
During the downtrend - nice and clean lower highs & lower lows - we should get a nice sell setup. I put this idea post a bit earlier and hopefully, You have some time to prepare for it.
Sell criteria which all should act as resistances:
1. Previous resistance, March high
2. The round number 1.14000
3. The trendline from 2018 Sept.
4. Different Fibonacci retracement levels
5. Daily EMA's around the blue box
6*. As always, to get more secure entry, You have to wait for a bearish candlestick formation on the marked area.
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
EURUSD A SELL ON THE CARDS TO 1.12500 CAUTION! AWAIT DAILY CLOSEGood evening from the UK. Now what do I see? We have had the perfect downward trend channel. This analysis is part 2 of the first article written 7 days ago. (see link below.)
My inner trend line was touch to the T! with a nice rejection on the 4H timeframe. With Dollar index gaining strength and the Euro looking week could we see another swing low the the downside? First target would be 1.12500 psychological key level if i see reversal signs at this level It could be a beginning of an inverse head and shoulder level to the upside. If this key level is broken my monthly resistance will be approached thick and fast heading towards the bottom trend line.
GUYS! its all dependant on Todays closure in all honesty. This can also be seen as a 4th Trendline and burst out to the upside. Any daily closures above 1.13650 a break to 1.14200 is lurking.
WAIT FOR CONFIRMATION! PROFESSIONAL ANALYSTS THEN THERES TRADERS WITH PROFESSIONAL ENTRIES.
VIDEO ANALYSIS: EURUSD TO 1.1400In this video update, we take a look at EURUSD as seasonally the EURO typically sees growth through March and April.
The weekly chart closed back above the 1.1300 resistance suggesting we could see further upside and for the market
to trade back within the range. The 4hr chart is currently forming a higher high which gives us the option to look for
further long trades if price can re-test the previous highs as support.
EUR/USD bullish rally inbound!?Following my Forex Market Breakdown Volume 5 youtube video, EUR/USD has played perfectly into our hands as outlined.
Price has fallen back into strong daily support between 1.29000 - 1.30000. On the above hourly time frame we can clearly see strong rejection to break below this level with perfect wick rejection which could, more or less, be market manipulation to stop hunt early long traders.
Look more clearly at this zone on the monthly time frame...potentially 6 strong wick rejections of this exact zone also coinciding with the previous broken lower high initiating a shift in the previous bearish trend in the long term.
Yes 1.14000 has previously been rejected as resistance but this only gives added fuel to my idea of a valid pullback to the downside to allow big players to obtain greater long entries.
The rest you will have to work out for yourselves... From here we have too potential long entry opportunities. Personally I would prefer price to retest 1.31000 before rallying to my first target of 1.136000 and then if successfully broken all the way up too 1.14000. However, price could also fail to retest 1.31000 and instead rally straight from here.
With all this in mind, it is important to take note of these two targets: 1.136000 & 1.14000.
Enjoy!
EUR/USD forecast Last week was positive for USD due to few main fundamental factors. First of all, positive negotiations between US and China. Also Fed chair Powell expressed optimistic view on US economy. And finally GDP data were better than expected. But there is a trick. Do you know most of these forecasts are done by banks? – Well, now you know it for sure. If you monitor forecasts, you should notice how sometimes they change a few times before data (like GDP last week). Nothing mysterious about it – banks make better conditions for their positions.
EUR/USD was consolidating and reached the 1.14200 range as per my previous EUR/USD analysis. At the beginning of this week I think we will see more choppiness before impulsive wave will start. My swing targets are still the same – 1.12300, 1.11600, 1.11200.
This weekend I got many questions from my followers about gold. Guys, the dollar will continue its uptrend. So, expect the bearish trend in Gold. However, don’t jump into shorts right now. After the big drop last Friday Gold needs a pullback. So, watch 1305 – 1320 range for short signal. Anyway, I always keep my trading signals subscribers updated about all changes.
Good luck and good trading!