Get started

Eurusud

EURUSD: Get Set for NFPTrading when big news is about to be released is something quite frightening for some traders. But when your technical analysis is crystal clear you may want to join the market and wait for the news to push price your direction. In a few hours we have NFP and in EURUSD 4h chart we have a bullish Gartley completion at a key support level. The price has retraced a little further than 0.786 D fib level giving us a much better risk/reward ratio. Entry: 1.17393 Stop-loss: 1.17049 Take profit: 1.18306, 1.18803 In case price reaches the first target we move sl at breakeven at second position.
Long
by Fxprotrader
3
EURUSD: Key Resistance May Give The Uptrend a BreakI will post a series of post with median line analysis in most of the pairs, analyzing the higher timeframes to see where we stand and what to wait for in the upcoming week. In my first post in EURUSD what we may see looking at the daily chart is that price is clearly in an uptrend and has reached the sliding parallel of the upsloping median line set where previously found very good resistance. Looking at the lower timeframes we may see that we have a MACD bearish divergence a sign that this upmove is losing it's steam and there is a good probability that we make have a reversal. In the chart below you may see a strategy on how you may trade EURUSD in case this daily resistance level holds. Hourly chart:
Short
by Fxprotrader
8
EURUSD - Finding a Bullish entryHi guys, The recent EURUSD trade idea posted are conflicted, but most agree on the longer term trend (up). If you are using my tools, there are a few easy ways to find trade entries. Today we want to find a Bullish entry, but we won't get another Trend Signal alert. However, Trend Signal is still confirming a Bullish trend. Our best way to find an entry is to use X Meter and Wave Trend. Wait for the bars (green) to grow taller. This will be our first signal to enter long. Our second confirmation will occur when Wave Trend crosses '0' and begins to move up. Our EURUSD Market Barometer is already crossing up and begin to print green. NOTE: this approach only works because the EURUSD formed a sideways consolation and is not ready for another push up. If you are unsure about sideways consolidation patterns, this link might help (warning - tons of pop-ups on this site, but the info is good): www.tradeciety.com This is not investment advice, just my opinion(s). Please trade accordingly. Trade safe and keep an eye on news.
Long
by riffster21
EURUSD Forecast | Elliot Wave forecast for 13 February, 2017EURUSD completed fives downside according to updated count of Last Friday. My EURUSD forecast for 13 February 2017 is neutral. My Elliott wave count suggests that this up move is corrective. I am looking for the completion of 3 corrective waves or any corrective structure. I am looking to sell EURUSd around the resistance area of 1.0690-1.0729. My medium target is 1.0520. Intermediate trend is down. Looking for the bearish reversals near important resistances. Do not buy. Instead, short it near important resistance levels and always follow the trading rules.
by Mehreen_Yasin
6
EURUSD Sell Opportunity After Italy's ReferendumThe results of the italian referendum caused a massive drop of price, which broke below the corrective structure it was moving and what we now see is that it is in a pullback testing the broken uptrend (the lower bond of the correction). We might have a couple of ups and downs till price reaches the upper parallel of the new median line set i have draw where we should watch for a sell setup to complete in order to go short.
Short
by Fxprotrader
1
EURUSD - Bearish Bat+++ Don't forget to LIKE & Follow+++I have lots on my radar - I want to share with you a potential Bearish Bat Formation on 1H, EURUSD. On higher time frame you can EURUSD is in a bearish trend, and thanks to the Brexit event the trend is confirmed - so you can use the Bat Formation as an entry reason for hopping on the bearish trend. I shoot for conventional 1st Target and 2nd will be a retest of A leg, stops above X. This Bat Pattern will have more than 100 pips stop so if it is too much you can wait for a better price or not trading it at all. Entry @ 1.1368 Stop @ 1.1495 Initial Target 1 @ 1.1193 Initial Target 2 @ 1.0950 Good Luck! If you'd like to see more good trading ideas from me, click the "Like" button! You can get my trading ideas immediately, just make sure to follow me.
Short
by Aleksandar_Rose
2
CAC: The correction phase will continueI hate to start by saying, "as foreseen in my previous studies....." So for those who are familiar with my daily studies and forecast, here is a little update. CAC is clearly oversold. Therefore we may see a little upward jump but this should not exceed 4510-4515. My Thought is that we may be at around 4480 before the correction continues. Targets are 4360-4200-4105 and 4000. 4360 and 4200 are highly probable. 4105 is most like probable. 4000 is probable. Bellow, although it is still in a correction and not a reversal phase, it may be very much 3900 by September but it is still highly speculative. It must be confirmed by indicators, chart studies and overall by the pace and shape of the correction.
INDEX:CAC40Short
by Pashabxl
EURUSD: Still Towards 1.385I know that a lot of people had some question mark in mind when I was making studies with a headline goal of 1.382-1.385 for at least 3 weeks now. People thought that After 1.39XX, Euro would jump at 1.355 and bellow. But as I have told in the past, and I keep the same idea in mind, there are 3 reasons why EUR will make a last try to 1.38XX. 1- Market bought for a very long time the decrease of the interest rate announced by ECB before this has been decided yet. Therefore at 1.355, the pair was already oversold. 2-The economic figures of US are still not good, and this cannot be explained by just the bad weather during the winter in the country. 3- Despite the announcement of FED concerning the good shape of the US economy, it is not yet the case. FED is not willing to frighten the market, and cannot postponed the Tappering process. Therefore the only tool left is keeping low interest rate and cheap money as Greenspan would have done if he was in power and did in the past. Therefore FED will only lift up its interest rate in March at the earliest. ECB will not go yet bellow the level announced and decided. And overall, QE3 is still being applied although there is a gradual decrease in the amount. Therefore in terms of equilibrium, EUR is the powerful currency against the USD. One should not forget that ECB has repeatedly stated that above EU looses its competitiveness when EUR is above1.40XX and therefore would not hesitate to intervene. It did so in the past. So we do have an upper benchmark which is 1.40XX and a lower benchmark which is 1.35, 1.33. And in between there is plenty of room to play.
Long
by Pashabxl