Eurusd setting for bearish moveHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about OANDA:EURUSD
We can see formation of head and shoulder pattern
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Eurusdidea
DeGRAM | EURUSD short opportunityEURUSD is trading in the ascending channel .
Price bounced off the resistance level that was respected before. Look left.
We expect a retest of the support level.
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Is USD still a buy ahead of US CPI So many factors are affecting the currency markets right now that it can be hard to get your head around them all.
Activity is definitely centered on the US. Last week, we had the US Federal Reserve’s interest rate decision and US Non Farm Payrolls which is still lingering in the minds of traders. The latter jobs data is pointing to a slowdown in the Us economy, but it still beat market expectations by a fair margin (260K jobs vs 200K expected).
This week we have US midterm elections, the results of which will help set the fiscal policy direction of the US for the next few years. Markets took their expectations from polling leading up to the voting, and republican ‘red wave’ was expected to materialise, removing the democrat's slim majority in the US House of Representatives and Congress. As of writing, the red wave has turned out to be more of a 'red ripple’, with the elections still in contest.
To cap off these major market events, we have the US inflation data dropping very early Friday morning (UTC +13) and the Michigan Consumer Sentiment Index on Saturday
So, with all these events swirling around, is it still a good time to buy USD and sell EUR? It might all come down to whether there is any emphatic break of the pair above 1.0100 to put off the selling sentiment. As it stands, the EUR/USD does appear to be temporarily supported from falling too far below parity, but this doesn’t mean that buyers are there to take it higher, especially when we zoom out and consider the longer-term trend of the pair, and the resistance it has recently encountered twice at 1.0100. Further downside might rely on a break below 0.9800 (for a weak signal) and 0.9550 (for a strong signal) moving forward.
DeGRAM | EURUSD possible shortEURUSD is trading in the ascending channel .
The market is testing resistance level and upper border of the channel .
If prcie rejects the resistance level by creating a false break, then it is likely to test the support level .
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Continuation (Possibly)Personally, looking for a continuation to the upside during the London/NYSE open. I have a BuyStop at 1.01000 (with a 50pip SL at price 1.00500 & a 100 Pip TP at 1.02000 at an old key level risking only 3% of my capitol).
2 profitable days straight as the week have kicked off. LET'S GOOOOOOO OANDA:EURUSD
DeGRAM | EURUSD opportunity for longThe market tested the lower border of the ascending channel and bounced off of it.
The market broke and closed above the major resistance level of 1.0000.
We expect a retest of the major resistance level .
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EURUSD Forecast: Price Is Rallying To 1.04389Hey trade,
As you can see the price is currently running in the half a bat patterns L2. Above the 50 and bullish crossed short-term MA's. Preparing to rally for the patterns L3 together for the 200 MA (that's visible on the MT4 chart). This has been confirmed by the bullish break, close, and retest made above the Mini Weekly Neckline, 50 and 8 MAs. But, the price could reject the signal, then drop instead.
That will be confirmed once the price has bearishly broke and retested the Monthly Neckline 1 together with the 50 and 21 MAs. With that in mind, do not take the trades, because this is not financial advice. It's just my point of view.
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Trade Safe and Stay Blessed Baby,
Sphatrades.
EURUSD LONG Scalp / Short swingWaiting for eurusd to reclaim the .236 lvl of .99121 then it should run to .99848 my first tp then if it does get above that then it'll run to my sell zone at 1.00009 but at the moment im waiting for the 30/hourly candle to close above the .236 and ill wait for a retest to get in
EURUSD ! is expected to up, long trade ideaIt's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.
DeGRAM | EURUSD bullish opportunityThe market tested the lower border of the ascending channel and bounced off of it.
The market could not make new lows, and it hit the swing zone and rebounded.
We expect a retest of the major resistance level.
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EURUSD Short 11.5.22Hello its me again
So at the moment ill be waiting to short Eurusd at .099848 - 1.00009 preferably I'd rather wait for 1.00009 to short to be safe but will keep an eye on how the .099848 lvl treats it
Lets say we take a short a 1.00009 then i would need it to break back down under the .236 lvl of .099848 then thatll be used as a good resistance and we will fall down to tp 1
If we get into a short at .236 lvl of (.099848) we need to break and come back down under .99578 and it can be used as a resistance then it should take about a day or 2 to fall to our tp1 which is .99184 and that is where i will close half of my positions
For use to fall under to Tp 2 .97888 the daily candle would need to close under the 50 ema and i want a 1/4 hour candle to close under will keep you updated on that once we are closer to that level and with tp3
Good resistance/Sell zone
10% lvl - 1.00009
Okay resistance/Sell zone
.236 lvl - .099848
Bounce zones-
.236 lvl - .99184 or TP1
.236 lvl - .97888 or TP2
Will keep you updated throughout the day when we do get to that zone i have my alerts on when we are close to the sell zone
Bullish scenario-
EURUSD comes down to .099848 (.236) lvl and bounce back up and closes above the 50 ema
DeGRAM | EURUSD short opportunityThe market is testing the lower border of the ascending channel .
Price action made a lower low in the last trading session.
We expect a retest of the major support level and break out the channel.
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EURUSD top-down analysis, UPDATED!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.