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EURUSD LONG 15MIN Uptrend with Support Lines 04.08.Hello to all I am back here again to show you my view of the Markets Here the EURUSD Try to help all a little bit to see the moves more clearly IN EURUSD 15MIN We are in an Uptrend since yesterday 16.00 and now we have 2 supports here . I have marked them : First wit the Blue Line and the second with the red line at 1.1765 and at 1.17520 for further UP Movement. I will try to come back every day in the mornin for a daily view of the Market. Good trades. If you want to support my work, please like them My analyes here are all NOT a request to buy or sell seomething. Allways do you own research. Renkotrade
Long
by Renkotrade
EUR/JPY technical & fundamental analysisHi guys I hope you’re all very well. Here’s an idea based on both technical & fundamental analysis, please enjoy. TECHNICAL: It’s been a solid few months in the green for the Euro & a lot of traders are still quite bullish but I’m a little bit more cautious and here are my reasons. The main reason that I’m bearish right now is the fundamentals which will be described below. From a technical standpoint, I’m able to find some bearish indicators. -The main indicator for me is the previous monthly candle for June showed some huge resistance. -Another bearish indicator is the resistance being shown at one of my Fibonacci retracement levels. -The daily stochastic is in my overbought range FUNDAMENTAL: JPY is a go to currency in times of insecurity & market anxiety. The current situation surrounding a second Covid19 wave in both Europe and throughout the world may again create anxiety in the market. Japan has dealt with the crisis thus far as good as any other country. This coupled with JPY being a go to currency may increase the demand of this currency. TARGET LEVEL: 119.5 As usual, I will update immediately if my view or opinion changes in any way. Thanks so much for reading. I hope this idea can help anyone looking for an alternative opinion. Good luck to you all 🍀
Short
by DCurrencyGroup
EURJPY | Hunting for LiquidityEURJPY looks like it could be in an excellent position to make one more big move to the downside before reversing on the larger time frame. 🤔 Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell. Watch for strength on the way back down breaking through your chosen Moving Average. 😏 It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
Short
by Little_Big_Movement
1
EUR Will hit 1.11500 ECB Meeting Tomorrow. But What's Next?EURUSD will make at least a 50% retracement at some point tomorrow 3/12/20. The ECB is expected to cut interest rates by .10% and possibly mention more stimulus. Look for EUR to tag 1.11500. The question is what will happen next? Price could bounce right back up in the descending channel and possibly break up past the channel and make another attempt at 1.15? or Will price head for the 61.8% retracement at 1.10500? Time will tell. The target for the short is 1.11500 (100+ pips). I am not a financial advisor. This is not financial advice. This is for educational purposes only.
Short
by csohrab
1
EURJPY, SCALPER and SWING idea What can we expect in this value, the retest in the downtrend and the possible good entry when the value rise up, we will first see the fall of the value that could be a good scalper idea, the long position could be the good one but anyway there are a possibility that the value go again inside the simetric triangle again so the short position is secure but the long one is not at all yet. So stay FOCUSED AND FOLLOW ME for the update of this value. And if you are agree with my analysis give a like to support my effort!!
Short
by BlazeGP