This is one pair that has been bullish for a while in the long run however it seems it has hit it's mid-year highs and it's setting it's eyes on a nice short downwards to even the levels of 1.07 When the markets open tomorrow, I will be looking to short this pair instantly and forget this trade for like the next 3 months and watch what happens to your account....
As you can see price has potential to form a libra pattern. Good to long at least until it reaches the top of the downward trendline. SL1.03392 TP: 1.1115
Eur/Usd has a strong zone of support around 1.0949 which has held multiple times in the past. My conditions for entry are - If and only If that support (1.0949) is broken and if rsi dips below 30 I will look to enter short enter at 1.0883 with a stop loss of 1.1023 and a target profit of 1.0610 Conditions for modifications and edits: I will look to exit...
My plan is Dollar strength this week unless USA economic calendar numbers are poor. (PCE), (NFP). Looking for continuation short (scalp) Asia open. Neutral Till USA open News PCE . If news events are good for dollar strength 1 out of 3 short trade plans should work.
Actually in high timeframes (>=2h) the trend is bullish. In lower timeframes the trend is ambiguous. 1.12163 is a pivot point : If EURUSD price gets over 1.12163 then it may go up to 1.12571. If EURUSD bounces on 1.12163 and go downtrend then it could bounce again on 1.11697 to go uptrend again. I'm neutral on short term. I'd say : for short term investors,...
A very nice set up for EURUSD is on the way. The market just began a downtrend and right now a pull back is trying to form. Let's wait and see if it will touch the 40ema, if it does I will take a short position targeting 30 pips. The market is below all the EMS which includes 20, 40 and 200 ema. Keep posted I will let you know once the signalis strong enough.
Hello everyone, Philip Stewart from Star Prosper here. Now that we've had the news event happen and the NFP closed the EUR/USD below our X-Point, what now? Find out what we're looking at in this weeks video: www.youtube.com NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart...