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Special Analysis for EUR/USDin this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there: If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we having a bullish trend until the 2018. But, so, we are in the possible bull run to form in long term, because indicators in the RSI show us a bullish divergence in Monthly, and this is a good indicator for this currency EUR. I see an Euro very optimistic their economies and there are a good indicators so what EUR is could be the strengthen in the long term. In weekly, we have a very curious patter, because we are from August 2018 in the descendent and bearish channel from $!.17 USD from $!.06 USD, and then, in the RSI if you see, we are having in the ascendent channel in the RSI, and then, it's a good indicator what the force is strenghten on the price action. Also, as we broke up the descedent channel, we can to see a possible proyection and target again from the level of $1.24 USD. So, that it's a study of elliot wave analysis so we need to recover this information to take in our hand. And Daily in midterm, we proyect a drop until the $!.11 USD to later of the elliot wave analysis, we need to see an Euro bullish in this bull run of 2020. And also, I detect a hide bearish divergence and it's very neccesary to the price drop in that zone as I estimated in my previously technical analysis. Also i added in my link of related ideas a updates of EUR/USD so recently from yesterday That my friend, is all my technical analysis in Moonthly, Weekly and Daily timeframe, my expectative of the Euro is that I see that currency in the bull run agains the US Dollar.
Education
by harisonhbn9718
GOLD< where to open SELL??Please Support this Idea with LIKE if it is Useful.... GOLD The price is below Support/resistance level, after a pullback if price stays below the level the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity... For Entry: Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL.. Trade it with proper Sl.. In case, if price breaks above the support/resistance then we have to wait for a clear direction.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
OANDA:XAUUSDShort
by Stargazer_fx
5
AUDUSD IDEA We have currently trapped price in a horizontal channel which tells us the market is currently ranging and in its first stage of the market Cycle "Contraption phase" We do not want to enter the market till we identify a clear trend structure hence why we are patiently waiting for a break of either zone which we can look at a clean entry to get in the market to capitalise on the big move of the market cycle " Trending phase" And target the institutional zones above or below as a take profit. Good luck! -Risk management is key... This is a speculative setup, not investment advice.
by onzzfx
2
EURUSD, when to open SELL??Please Support this Idea with LIKE if it is Useful.... EURUSD The price is close to Support/resistance level,If price breaks below the support then after a pullback the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to break below the level after a pullback if price gives any bearish signal then look for sell opportunity... For Entry: Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL.. Trade it with proper Sl.. In case, if price breaks above the support/resistance then we have to wait for a clear direction.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Short
by Stargazer_fx
3
USOIL, Bearish Price Action, when to SELL??Please Support this Idea with LIKE if it is Useful.... USOIL The price is close to support/resistance level,after reaching the sell zone I expect the price to further decline to the next support level.. For Entry: Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL.. Trade it with proper Sl.. In case, if price breaks above the support/resistance then we have to wait for a clear direction.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TVC:USOILShort
by Stargazer_fx
5
GOLD above support/resistance, Buy on pullbackPlease Support this Idea with LIKE if it is Useful.... GOLD The price broke above support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow ,after a pullback wait for the price to give bullish signal and look for buy opportunity.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price breaks below the level then we can look for sell opportunity.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
OANDA:XAUUSDLong
by Stargazer_fx
3
EURGBP may rise to previous high???Good Afternoon Traders, The EURGBP may rise following the current draw-back. It appears the pair may enter an area of consolidation while the market tries to figure out exactly what it wants to do. The commodity backed currencies are causing turmoil to the EUR, USD, CHF, JPY, and GBP with the recent bullish expectations from investors. From a technical viewpoint, Hidden Bullish Divergence is forming on the 16H MACD/Price Chart. Price was rejected at the 50-EMA for 3 consecutive candles on the 16H. A look at the 3H confirms the formation of Hidden Bullish Divergence on a short-timeframe so the 16H is likely to follow. Also on the 3H, RSI is hovering around Oversold territory and has some room to rise. Price may rise to the previous high around .9012 and consolidate further back down from there. Price looks to form higher-lows but the price may stagnate around the previous high (.9012). Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Long
by pofseur
AUDCHF looking to continue its upward climb.Hello Traders, The AUDCHF may look to continue its upward streak. I initially was looking at a short position pull-back on the AUDUSD but found Hidden Bullish Divergence on the shorter-time frames so decided against it. It looks like the same Hidden Bullish Divergence has formed on the 3H AUDCHF MACD/Price Chart. The RSI has also cooled off a bit on the 3H RSI. I decided on the AUDCHF over the AUDUSD as the AUDCHF seems to have a bit more room to climb before it reaches its December 2019 levels. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Long
by pofseur
USDMXN to continue downwards??Hello Traders, The USDMXN appears to be continuing its downward movement following a short move upward. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart. RSI has just moved out of OVERSOLD territory on the 12H as well. On the 3H, price is being rejected off the 50-EMA and Hidden Bearish Divergence is also forming on the MACD/Price Chart. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Short
by pofseur
Will the Loonie rally continue??Hello Traders, The USDCAD looks to continue its move lower with upcoming employment numbers out of the US and Canada. The USD has been weak with the world economy re-opening and it appears this trend is going to continue. From a technical viewpoint, Hidden Bearish Divergence is forming on the 4H MACD/Price Chart. On the 2H, the Hidden Bearish Divergence has already formed. From a Daily perspective, the price was rejected off the 240-LMA on the prior candle. I will be watching the Daily chart to see if the price is rejected at the 240-LMA again later this evening. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Short
by pofseur
CADCHF drawing back to resume Rise??Hello Traders, The CADCHF may be setting up for a decent long-entry position. On the 4H, price has started to diverge (bearish) from the MACD signaling the current pull-back. I will be looking for Hidden Bullish Divergence to form on the 8H MACD/Price Chart to signal the continuation of the upward trend. If the price pulls back to recent support/50-EMA on the 8H, the Hidden Bullish Divergence should form. Entry consideration would be made at this point. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Long
by pofseur
Will the EURCHF start to weaken??Hello Traders, The EURCHF may be ready to pull-back. I anticipate a dovish tone at the upcoming ECB Monetary Policy Statement that may be the catalyst to cause a pull-back in the Euro. It is also possible this may cause some traders to take profits on their recent gains. From a technical viewpoint, the pair has hit a relatively strong resistance point on the 1W. The price just bounced off the 50-EMA on the 1W as well. On the 8H, Bearish Divergence is forming on the MACD Price Chart and RSI is in Overbought territory. On a short-term basis (1M), Hidden Bearish Divergence is forming on the MACD/Price Chart which may be a signal of an ongoing pull-back. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Short
by pofseur
1
EURUSD may begin to pull-back?Good Evening Traders, I am not big on looking for trend reversals or draw back trades, but the EURUSD may be setting up for a significant correction. I believe the ECB rate decision and following press conference will be the catalyst that begins the draw-back. It appears almost certain the ECB will provide additional relief and stimulus relating to COVID-19. The question is exactly when this occurs and is announced. I anticipate the press conference having a more dovish tone due to this. From a technical view, MACD is beginning to diverge from the Price Chart on the 8H. Price has blown by previous Bearish Divergence signals, but price appears to be at a stronger resistance and the current momentum may be slowing due to the upcoming rate decision. On the RSI, a double top is forming on the 8H in Oversold territory. Last time we saw a double top on the 8H in Oversold territory was at the beginning of March prior to the major sell-off that occurred. I do not believe the current sell-off would be nearly as significant, but we are seeing the same signals. On the 3H, Bearish Divergence was confirmed on the MACD/Price Chart so the 8H is likely to follow suit. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Short
by pofseur
1
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NSE:BANKNIFTYShort
by deveshverma0493
2
CHFJPY about to pull-back?Hello Traders, It appears the CHFJPY is setting up to make a pull-back to recent support. Hidden Bearish Divergence has formed on the 1D Price Chart/MACD. The MACD is quite far from the zero level as well so it has some room to move downwards. I am expecting a decline in price to around the 240-LMA. If the price closes below the triple MA's, the move may continue downwards. Looking at the 8H, Bearish Divergence is forming on the Price Chart/MACD. Short-Entry consideration would be made when the lower-high is completed on the MACD. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Short
by pofseur