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Eurusd4hr

Forex Tips & Market Analysis - EUR/AUD SELL! SELL! SELL!EUR/AUD ( 4HOURLY ) SUMMARY: The secondary trend of EUR/AUD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4926 and support at the level of 1.4842. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in itsnegative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair. STRATEGY: EUR/AUD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. 100% on Tradingview so far... Hope you enjoy this, as usual let me know how you get on! www.tradingsignalrevews.com
Short
by TheBanker
8
100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support at the level of 1.12232. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. EUR/USD RECOMMENDATION BUY TARGET 1.12750 The Major trend of Euro it is showing strength for buying If it crosses the resistance level then one can initiate buying position in the pair . If it crosses the level of 1.12689 then it can test level for the target of 1.13000 with second target at 1.1430 with the stop loss 1.1175. CHART FORMATION:- Euro is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Eur is trading above the 50 DMA with a negative bias. INDICATORS:- RSI is trading near to 65 levels with a positive bias, in upcoming session upside movement is expected. MACD and Signal line is sustained above the zero level line. www.tradingsignalreviews.com
Long
by piponomics
13
EURUSD STAIRCASE, SHORT THEN LONGHERE IS A TRADE SETUP I DISCOVERED A WHILE BACK AND SINCE THEM IT HAS BEEN QUITE SUCCESSFUL, I CALL IT STAIRCASE BECAUSE OF THE SHAPE OF THE CHART. BASICALLY, LOOK FOR A 23.6 RETRACEMENT, THEN AN EXPANSION TO 76.8, AND A RALLY BACK TO THE 23.6 REGION. USUALLY THIS TRADE WORKS GREAT WHEN THERE IS NO FUNDAMENTALS ANTICIPATING SO I'M CONFIDENT IT WILL WORK. THE TRADE WILL MAKE A U-SHAPED MOVEMENT WHEN IT GETS TO THE 76.8 SO IT WILL SPEND SOME TIME IN THAT PRICE REGION. HOWEVER, THE CHART CURRENTLY RESEMBLES A HEAD AND SHOULDER PATTERN WHICH MEANS A PULL BACK AT 1.0795. - 1.0938. I'M NOT SUPPORTIVE OF THIS OPTION BECAUSE THE TREND SHORT IS REALLY STRONG, SO A SHARP RETRACEMENT DOESN'T LOOK POSSIBLE. TO BE ON THE SAFE SIDE, WAIT FOR A CLOSE BELOW 1.0795 THEN SELL TO 1.0740. BUY AT THAT PRICE WITH LIMIT AT 1.0860. ALL THE BEST, CHEERS!!
by DayFarrell