Get started

Eurusdsetup

EURUSD Possible LONG Hello everyone! This is my analysis on this pair. As you can see we had a very huge impulsive move to the upside, we then found Resistance on a Daily Level. After rejecting we then created a pattern that I'm sure you are familiar with, the Falling Wedge. This is a Bullish Pattern. We have also reached a very important level on the trend line, so we are expecting a bounce up breaking above the top of the wedge. As of now my best suggestion is to wait on price action movements, wait for a breakout, and a re-test of the breakout, and enter the market if we get a good entry reason. *friendly reminder not to trade this analysis blindly* Trade GREEN/BLUE! Let me know your thoughts on this pair down on the comments! Also you could comment any pair you like, and I will do an analysis on that pair so we could talk! ;)
Long
by devidmaykho
1
EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1266. The pair may start a new down trend if it breaks the support level at 1.1221. The pair is now consolidating in the resistance and support levels. If the price breaks the support level then it may start a new down trend and its target price will be at 1.0965, the stop loss price will be at 1.1349. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
EURUSD ShortBeen waiting for this short set up for a while, It is slowly getting to the area for an ideal sale for me. Only if it gets to that area in a corrective manner will I be placing a trade, If it gets there impulsively I will wait and see what the market will be doing and forecast my trade. Also, looking at the dxy it is slowly recovering from its downtrend and if an upward momentum is confirm it will confirm my short bias because the DXY is the inverse relationship to this pair.
Short
by TradingAfterCollege
EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1293. The pair is trading in an up trend from 18th May and now the pair is consolidating after rebounding back from the resistance zone. The pair may start a new down trend if it breaks the support level at 1.1243. The price may consolidate for a longer time to come in a down trend. If it breaks the support level then its first target will be at 1.1070 and the second target at 1.0964 Do follow us for future Forex trend analysis. Thank you, Rishikesh Lilawat
by rishililawat5
2
EURO ($EURUSD) | Long Euro 💶 into the Central Bank Meeting? 🇪🇺 The fate of the EURUSD may lay in the hands of the European Central Bank (ECB) meeting taking place on June 4th. Although there shouldn't be any major surprises, and the pair has rallied into the event, things could really go either way. Our idea here isn't dependent on forecasting what will unfold at the meeting, rather our play is based on the chart. www.dailyfx.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Navy colored bars) on the 4-hour timeframe. This is true despite EURUSD being in a major downtrend since 2008. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy colored lines) and/or bullish S/R levels plotted by Directional Bias (Navy colored lines). 3. The play here is to buy the S1 range after pullback from R1. Our target is R2, and with our stop just below S1 it gives us a very favorable R:R. 4. Although S2 may provide support if we go lower, there really isn't much to the trade beyond that. We are hoping for bullish continuation into and following the June 4th meeting. If we don't get it, we will reassess. Good luck EURO bulls!
by AlphaBotSystem