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USDEUR

EURUSDWith a new monthly candle about to start there could be a nice momentum move to the upside on this pair to test the diagonal resistance above near 1.16-1.18. A decade long consolidation pattern is about to reach a trigger point for a move in either direction. My bias is for higher prices however volatility is to be expected. On the daily, a break of 1.1360-1.1425 would be a trigger for a long trade. anything below 1.1160 would indicate further consolidation down to 1.09 for a longer consolidation cycle extending to the end of the year
Long
by Cryptic_Insight
#EURUSD - Between the Worlds #EURO #monetaryreformThe EuroUS Dollar continues to move between important 1.14961 and 1.06363 range. All movements between are only short-term "skirmishes" . Only a breakout from this range will indicate the next longer-term trend direction! In this analysis, I assumed that a trend reversal will happen and a bearish pattern will establish itself. This would mean that the euro would fall below parity against the dollar. Alternative: However, should the euro break up, a new bull market could be initiated for euro-zone. More on this when the breakout on the northern side occurs. Greeting Stefan Bode
Short
by StefanBode
Free invitation to Bear Party EUR/USDI think short position is a possible winning position. In D-Chart we can see Price in a range with very clear and strong trendlines. Well, price bounced back from previos High as expected. Now I assume a continuation of the downtrend and everyone can jump on that train to the bear party. We expect price to move into that Diverse Bull/Bear Party-Box (Yes i made that up) waiting for Priceaction with short bias. Stop Loss should be higher than the Diverse Bull/Bear Party-Box.
Short
by ProfessorGenki
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