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Eurusddaily

EURUSD| LIQUIDITY SQUEEZE AND BULL RUN Afternoon Traders, I've illustrated and highlighted 1 likely scenario given the state of the Dollar and relative strength from the EURO, this chart clearly illustrates a bullish movement as we pushed above the 1.2000 level this being a KL, the pattern is suggests a continuation of the overall trend at a test the 1.2000 level as is it lines up with the 79 - 88% range on the Fibonacci. full transparency this will be my area for a potential entry dependent of course if price plays out as I have illustrated here, but of course I will adapt was new information comes out.
Long
by NK008
2
EURUSD Ready for big next move?In the monthly chart, we can see the market made an impulse and correction. But the correction was weak and didn't even reach 0.382 fibo retracement. Also if this monthly chart closes above the previous monthly resistance we will likely see a higher high. In the weekly chart, What we can see is a big accumulation. Here retail traders closed their long positions. So, we saw on COT data long's being closed. Also, the previous week has closed above the resistance level. And in the daily chart, We can see the market breaking the 1.19000 resistance level and creating a higher high. So, overall we have a bullish outlook on EURUSD from all timeframe. To enter this trade we have to see the market making a retracement in the daily chart. If the market retraces to 1.19000 from there we can take a long on EURUSD.
Long
by rafi_trader21
EURUSD Trade AnalysisThe pair is above 1.1345, after Thursday’s surge following the ECB's financial coverage assembly and the regulator’s sudden resolution to increase the stimulus measures by nearly 2.5 instances. If right this moment’s US employment knowledge is healthier than anticipated, this may occasionally result in an area decline of the pair, prone to be adopted by resumed development. Buying and selling suggestions: If the pair holds above 1.1345, it might proceed additional as much as 1.1450. On the identical time, an area declines to 1.1265 could counsel shopping for the pair with the identical goal mark. Technical aspect: The value is on the degree of the higher Bollinger band, above SMA 5 and SMA 14. RSI is within the overbought zone and is steadily rising. Stoch confidently declines and point out a weaker development. Read: pivot point indicator mt4
Long
by forexinworld
EURUSD Crash!We are at a very bearish moment for eurusd on daily chart, Expecting new lows 1.0500 to be hit As you can see the downtrend didnt break even after many times of small rallys to remove some sellers positions, this is due to USD being a safe heaven for moments like this, DXY will hit record highs of 105+ which is just now also starting a uptrend, Eur is also very weak, this is due to the mess of economy eur is at the moment, corona virus is not helping either. And at times like this investors prefer to invest in USD and JPY.
Short
by fernandoc17
2