EURUSD Reversing From 2022 Trend Channel SupportIn this update we review the recent price action in the EURUSD and identify the next high probability trading opportunity and price objectives to target
Eurodollar
EURUSD | Soon Complete (Descending Triangle)EURUSD | Soon Complete (Descending Triangle)
EURUSD | Price Soon reached 0.9500 For the time EURO is very weak compared to many other currencies considering that it is created a lot of speculation with the war problems and the economic crisis. Given that EURUSD already broke the parity
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#eurusd #euro #downtrend
EURUSD | Parallel Channel | Bear MarketEURUSD Bear Inside Candlestick on the Daily Time Frame. Enter short position.
EURUSD - more room to the downside The chart on the left depicts the Eur/usd price action on the 12hr timeframe, which shows the long term Elliot wave count on eurusd. It suggests the decline from 1.04000 high is unfolding as an impulse wave structure. Wave 1 ended at 0.98630, wave 2 ended at 1.0198 which was then followed by further decline to the current low of 0.95500.
Looking at the chart on the right hand , on the short term Elliot wave view, we can see that from the end of wave 2 which state the begin of wave 3 at 1.0198 . The chart suggest that wave 3 has internal subdivision as 5 wave impulse. wave 1 ended at 0.99550. wave 2 ended at 1.00515. Wave 3 will tentatively end around 0.95137. Then we expect wave 4 and 5.
$EUR - Short term trade idea!$EUR - Short term trade idea!
Here's a quick short term trade idea for you...A break to either direction!
Enjoy,
TJ
𝙽𝚘𝚝 𝙸𝚗𝚟𝚎𝚜𝚝𝚖𝚎𝚗𝚝 𝙰𝚍𝚟𝚒𝚌𝚎
Double top on EURUSD shorter time frames for further move down?I'm personally in a short, so maybe biased here and looking for hope my short will work out; but thought I'd point out a possible double top on 5-15 min time frame. Have circled both this and an earlier double top area for the EUR/USD pair.
EURUSD | Parallel Channel | Daily Time FrameWait for a close below parallel channel for a short position.
Euro sucks DXY and BTC dry in last attempt to live..yummy conspiracy theories... or is it.... the world wont know till 2024 :P
EUR/USD -26/9/2022-• Descending channel on daily chart
• Today, we touched the lower trend line support and bounced
• Expecting the rally to continue and test the breakout point at 0.9880-0.990
• Bulls can only get the upper hand once they break the resistance line of the channel
SHORT EURUSDEURUSD still bearish on all timeframes.
EURUSD on the monthly timeframe next target is to the lower downtrend channel and support (demand) zone at 0.90.
Today EURUSD Next Move 23-Sep-2022EURUSD are now over Sold and looking for a support I Believe Bulls will not let bear pull down more Euro in weekly closing.
Best Regards,
Muhammad Raheel Khan
By Forex Pharmacy
EUR/USD Daily Chart Analysis For September 23, 2022Technical Analysis and Outlook:
On Sep 21, Eurodollar completed our Inner Currency Dip 0.9820 as specified on ''Daily Chart Analysis For September 16''. The following Sep 22 & 23, the currency took the lead to head to our currently active Inner Currency Dip of 0.9570. The interim rebound to our Mean Res 0.9835 is a possibility. Continuation to the next Outer Currency Dip 0.9370 is in the making.
🟢 EUR-USD - 1D (21.09.2022)🟢 EUR-USD
TF: 1D
Side: Long
Pattern: Falling Wedge
Leverage: 5x
Entry: Between $0.97974 and $0.99063
SL: $0.97974
TP 1: $1.00816
TP 2: $1.02164
TP 3: $1.03253
TP 4: $1.04342
I think this down trend will come to an end soon.
4H has double bottomed and monthly giving buy signal.
EURUSD longterm viewThe current downward move should be close to completion, but it still lacks a low in the area between 0.965 and 0.971. Following this, there should be a small rally to the area around 1.08 (this can only be determined more precisely after the completion of the pending low), to reach its final low around 0.80 from here.
EURUSD Poised To test Pivotal .9760'sIn this update we review the recent price action in the EURUSD and identify the next high probability trade location and price objectives to target
