EURO-USD
EUR / USD near the resistance at 1.11300EUR/USD returned at 1.1100 to 1.1130 area.
This area is crucial for the negotiation of the currency pair on mid term.
Probably the data regarding US monetary policy will bring clarity on the movements of EUR / USD, which could see a negative test, or an appreciation of the quote.
Will EUR/USD Be Affected By US Election? What are your thoughts and opinions/ideas?
Will the U.S. election drastically effect the EUR/USD? Two weeks until Election Day in America and market speculators are spreading the good word. Feel free to explain with the other side of your brain. How will the Retail Trader react? What are you and I going to do to avoid their mistake? Stop-Losses are hit when the stampede arrives, so let's connect minds.
#GSA (Gold-Snipers Academy)
- MaalikWats
Correction BuySo like said in my last idea we will get out of 1188 sell at 1078 but the chances to break it and reach a new low are higher in the USA session and that what exactly happened price made a new low at 1048
from there selling started to get weaker forming a new bottom a long correction could be forming this moment..No divergence on macd or RSI 4H 1H so targets will be 1087 : 1025....
Correction BUY at 1050
sl 1039
TP1 1048
Tp2 1025
EURO vs U.S DOLLAR Simple Outlook
the pair made a new lower low yesterday at 1.1103 then started to rebound massively making a new higher high @1.1204 and higher low @1.1146 which gave our new up trend more power that needed to break the always strong resistant 1.1200 and close above it next week..
Also it could try to make a small correction after hitting the simple MA 200 at 1200 the correction may reach 1.1180 but breaking there will lead the price to 1.1160 before going long again reaching our waited target at 1.1230:1.1246
Facebook Page: www.facebook.com
EURUSD PATH PREDICTION (OCTOBER WEEK 1)I expect price to stay within the current rising channel and starting the week with an upside breakout due to the bullish flag. This chart will be used to place limits and stop loss appropriately. Wish me luck (;
EURUSD is my favourite pair to trade the channel and trading range.
Eur/Usd: Bearish SetupLast week we saw this pair test key support on Friday, with price remaining above it, many looked at this area as potentially oversold. This keeps the chances valid to resume the bullish move. with its targets beginning at "1.1300 - 1.1350" But taking into concideration the bearish pin bar "Daily" & "4H" we will need to see a beak bellow "1.1200 to confirm bearish momentum