Eurousd
EURUSD H4 11/30/2020Hello,
At this moment, the currency pair is in the critical zone of (1.1960 to 1.2013).
Last week, EURUSD broke the 1.1920 resistance and consolidated above it at daily time frame.
My opinion: it is highly possible that the price passes tha critical zone and rally up to 1.2500 area.
Alternative scenario: If price could not pass critical zone,so the trend would go down toward 1.1750, 1.1696, 1.1610 supports.
please comment you ideas for me
regards
EUROUSD Perfect FiboEuro followed perfectly is downtrend from 2008.
Rejections on Red Circles :
- ATH 1.60$ (2008)
- Rejection Fibo 78.6 at 1.50$ (2008)
- Rejection Fibo 61.8 at 1.40$ (2018)
- Rejection Fibo 38.2 at 1.25$ (2018)
- Rejection on Trend at 1.20$ (2020)
The demand is is growing around 1.14$.
if this correction is correct the next Leg after a breakout will push Euro to retest 1.25$.
Happy Tr4Ding !
EURUSD major resistance aheadEven though the indicators are bullish on lower timeframes, and signal a buy opportunity, on the daily chart we can spot a doji candle and a strong resistance ahead.
So even though it can reach 1.189 max, it`s hard to believe it will pass that level.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
EURO 13 Years of Downtrend, Time to Break of Fail?!Hey! Price of EURO approached 13-ish year resistance and resolution about to end. It is common to move in 1.18-1.09 for euro last years, but trend correction is possible too.
In trend correction we going to see some rise up to 1.22 before corrected trend line settle down.
In rejection from trend line, price will stay in same apex, and follow down to 1.10
Stay safe
BR,
Artem Shevelev
EURO USD ANALYSISThe Swissy has respected the 23.6 fibonacci level coming from the monthly time frame. The price action suggest it can move down further. Also due the the covid lock down which has been activated in most parts of Europe,
EUR/USD (Deer in the headlights)View On EUR/USD (28 Oct 2020)
There are 2 things that causing the sell down.
(1) No Stimulus news (so far) causes the Risk Off = Rush to USD
(2) Covid situations in the Euro zone are getting worse.
It can swing lower to 1.170 easily soon.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
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The dollar is about to turn on next bunch of confluenceTop of current multi-week trend (major)
.786 fib of current retracement (major)
Rsi divergence (major)
Double top? (major)
Democrats win more than expected (major)
.618 of previous multi-week trend(minor)
.382 of 2016 fib (minor)
Euro/usd time to rise?as we see the price has reached to the bottom of the descending channel and if the rejection happens then it's time to buy it .
EURUSD 1H TRADING PLANI expect eur/usd to move very similar to how i have charted it out here, with a pullback then trend continuation. Final post! been a great 100 trades thousands of pips made! hope ive helped along the way! thanks for your support
$EURUSD - Elliott Wave analysisHi guys! 👋🏻
🔔 EURUSD continues to move within the uptrend channel. The movement from October 15 was impulsive, therefore it makes sense to wait for a further upward movement.
🔔 At this stage, in my opinion, one should wait for the break out from the symmetrical triangle, which in turn foreshadows the end of the correction, and open a long.
🔔 If the price breaks below the lower edge of the triangle, then wait for the price to fall to the Fibo level of 0.618, which is placed at the lower border of the channel, and if the price can stay above this border - go long.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Euro gains faith of investors durring Corona Virus.E.U successfully overcomed the challenge of coronavirus unpredictable first strike. Even with the threat of italy and spain leaving the union, E.U stand united and finded the soloutin. That win against the pandemic gived faith to the investors who remained stand by the europeans.
Also the elections of november for the next US president, the black live matters movement and the treatment of Trump's government for the pandemic shows an unstable economic enviroment.
4 hour Chart Eur/Usd: Triple Bottom?Longs open @ 1.17380 / SL @ 1.17220 / TP 1 - 1.17600 / TP 2 - 1.17800 / TP 3 - 1.1800 / TP 4 - 1.18500
Euro MMU and HNSK long and short plan, can get rejected at Declining MA so watch for that and go for the short goal if it does dump
Eur/Usd: 1 Hour Chart - Oct. 12 2020 ShortAfter gapping down at the weekly open, the Euro tested 1.18300 (last weeks high) after a FBO of the consolidation range (1.18100-1.18200). The market then dropped into the 4 hourly support region (1.17800-1.1800) and has retraced to the lower end of our initial consolidation range (1.18100-1.18150). According to our fibonacci wave count, a rejection of this region will take the Euro back to daily support (1.18000-1.17900 or (EI)), if support breaks the Euro can retrace further towards channel support && demand levels ((EII) or 1.17800-1.17300 region).
CONFLUENCES:
*Rejected weekly gap down
*Creating lower lows on hourly
*4 hour bearish candle wick vulnerable
*Buyers momentum receeding above 1.1800
EURUSD at Sell Area, Taking Short on DailyIf we can see at Weekly Time frame EURUSD has 3 Pin Pattern and price possibly going down to make some correction. But at Daily it breaks the trendline and going to Supply Area but the main trendline actualy already broken.
1h eur/usd tradelast trade for me for the week, just time to cash in. eur/usd hourly uptrend to start very soon
#EURUSD long until US election #EURO #tradingviewHello dear ones!
My view before the weekend for the EURUSD.
I think that so close to the US election, the situation for the EURO against the USD is more optimistic than it is in reality. But anyway, uncertainty is not appreciated by investors, and the majority of them do not like the upcoming US election and who will be the next US president.
In my opinion, new highs above 1.201 are likely in the EURUSD.
I am betting on this with an entry level of 1.18020.
First target: 1.21220
RRR: 4.5 to 1
Later, even 1.23172 would be in it if necessary.
Greeting
Stefan Bode
Euro / U.S. Dollar Monthly Chart - L/T Downtrend Channel! The pair is still trading inside the
long term downtrend channel as shown.
As long as the prices stay inside the channel
we may expect the Long Term target may be
below parity.
Only breaking and sustain trading well above
the upper trend line may save Euro from
all time low.
EUR/USD WEEKLY OUTLOOKThis is just my views on how eur/usd trend is looking. i base my decisions based of these timeframes as it makes you alot more accurate, aswell as entering you potentially in trending markets. DXY could be ranging between 94.6 and 92. the dxy is good to find your entrys on eur/usd, because if you flip dxy chart upside down, its the exact same chart as i have posted above! if dxy next move takes it downwards after trumps stimulus talk. expect eur/usd to rise uptowards 1.19.
potential eur/usd trading planalways good to have multiple set ups, remember the most important thing in trading is risk management, know how much you are risking per trade then just focus on good set ups, with good r/r. you will soon see good results
