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Make EURUSD prediction easy using this Two week cycleHello traders, first of all hit the like button for this idea. It will make your future eurusd analysis easy. Now we are well prepared for atleast next 3 to 5 weeks to make money from eurusd. This is the two week cycle, i was checking out the period of drop from 9 march high to 20th march low. Then i figured out its a two week cycle and every two week is a complete cycle and market is playing 2 important plays in every cycle. Next week we can see week ends at the resistance area which has higher expectations or we can see week ends at 0.618% Fibonacci retracement which is also a strong support. There are few news that will directly effect EURO or USD but there is Interest rate decision of Of Bank of England and Swiss National bank. I wilL SELL EURUSD if my Green EMA crosses purple EMA. Private message me if you want my EMA settings. Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
by Aadil1000x
11
Head and shoulder trend reversal on EURGBPOn the weekly timeframe we can see many rejections and reversal candles on the 0.90000 thousand pip quarter point showing us possible reason for a reversal of the trend. On the daily chart you can see an ascending triangle forming for a breakout, and a shooting star candlestick right at the 0.9000 level to further confirm a bearish trend. Now down to the 4 hour chart you can see a possible formation of a head and shoulder pattern but still only in the right trough and needs to form the right shoulder. Retracement from the most recent swing high to the swing low shows a 50-61% zone right where the right shoulder should find resistance for a lower high. Taking a sell here is a little risky, but with the addition weekly and daily price action analysis we can learn towards a trend reversal. When it comes, watch for break of the neckline from the troughs of the two shoulders.
Short
by rcoyle96
Week in a glance: second peak, USA vs China, more moneyThe main event of the past week in terms of a pandemic is the formation of a new peak in the number of new cases. That is, the fear of the second wave is replaced by the reality of the second peak. Which of these is worse is hard to say. The second wave did not become less likely because of this, but rather the opposite. So, in this regard, the situation is getting worse. A feature of the second peak is the change of leaders in diseases: developed countries were replaced by emerging countries. Brazil alone at the end of the week generated up to 30K new cases per day. Dynamics in India is also alarming, especially when you consider the information about the country's partial exit from the lockdown. In general, the pandemic continues to be the number one concern in the world. Although based on the dynamics of the Fear Index, the markets have not been worried about this at all. Which is more than strange given the potential consequences and their magnitude. A partial explanation for the optimism was the news that the European Commission recommends the creation of an aid fund for the EU countries in the amount of 750 billion euros, as well as the news that Japan will spend another 1.1 trillion dollars to help the economy. Throughout the past week, markets have been closely monitoring the confrontation between the US and China. The level of tension between the countries rose sharply, and on Friday following the press conference of Trump, everyone was afraid that he would impose sanctions on China and take the escalation to a brand new level. But Trump quite unexpectedly gave the rear, saying that the United States would put an end to the special regime in Hong Kong and did not begin to impose new sanctions on China, while maintaining a trade truce between the United States and China. Trump's softer stance is hard to imagine. So buyers in the stock markets, who were already getting ready to start taking profits, decided to postpone this. Our position over the situation in the US stock market this week remains unchanged: only sales. Reasons: extremely gloomy economic present and even more gloomy economic future (US GDP for the second quarter according to experts' forecasts will decrease by 30-40%, and the earnings season promises to be the most disastrous in the history of the United States). Some words about the economic present. Despite the increasingly active exit of the US economy from the lockdown, the number of unemployed continues to grow at 2+ million per week. That is, there is no any fast economic recovery. Last week a sharp increase in oil reserves in the United States was detected. Recall that last week we closed most of our oil longs, as we expect a correction in the oil market. Buyers have clearly exhausted their potential, while there is something to fix in terms of profits. The upcoming week is primarily interesting for data on the US labor market. NFP figures are traditionally interesting for markets, and in the current conditions this interest is naturally increased. Since the Dollar Index last week consolidated below an important support level, while it is below 99, we will look for opportunities for dollar sales in the FOREX. First of all, against the euro (while it is above 1.10), as well as the Japanese yen (while it is below 108). Accordingly, we will buy EURUSD and sell USDJPY today.
Short
by Trade24Fx
2
Was This A Giant Pullback Or Bullish Momentum?Will the lower low stay intact or will the USD take over and make this pair keep dropping? If the USD takes over, it'll have to break the trendline to confirm the bearish momentum is still intact. So if we return to the trendline, this is what I'll be looking for: a continued drop to the monthly 1.18937 zone. BULL TPS: • 1.24148 • 1.25035 • 1.26229 BEAR TPS: • 1.23033 • 1.22306 • 1.21150 • 1.19224 (this is a stretch TP)
by NikaJourney
1
What Goes Up May Be Getting Ready To Come DownIf you have a little patience with this pair, it's actually forming still forming the W second leg. The bonus? When it's done, we will have a possible bearish harmonic setup for the short. The only way the possibility cancels out is if price can continue upwards pass the daily 1.54626 zone. As you can see, if we make a bearish run, I'll be trading to see if it can make the weekly 1.48825 zone. It should be an interesting trade this week. BULL TPS: • 1.53790 • 1.54582 • 1.56354 BEAR TPS: • 1.51820 • 1.49809 • 1.49015
by NikaJourney
Forex Weekly Forecast 18th-22nd May 2020 (FX Pairs and Gold)Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Take a look on my Weekly Forecast and How I planned my added watchlist for the week ahead! Feel free to drop in your comments right down below and share this with your friends! But still Sketch up your own trade setup before you take off. Good Luck! Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements. Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
OANDA:XAUUSDEducation
by Profitlio_Trading
1
USD/JPY: Your OPPORTUNITIES for the WEEK Hey tradomaniacs, this is just meant to be a weekly preparation and shows that USD/JPY is currently right at a significant level. If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL! If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
EUR/USD: Your OPPORTUNITIES for the WEEK Hey tradomaniacs, this is just meant to be a weekly preparation and shows that EUR/USD is currently right at a significant level. If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL! If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
NZD/CHF: Your OPPORTUNITIES for the WEEK Hey tradomaniacs, this is just meant to be a weekly preparation and shows that NZD/CHF is currently right at a significant level. If the Key-Support-Zone (CHECK WEEKLY CHART) holds and price stays inside the FLAG-PATTERN we could get a potential BUY-SIGNAL! If the Key-Support-Zone can`t hold and price breaks out of the FLAG we could get a potential trendfollowing breakout and a SELL-SIGNAL! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
2
NZD/USD: Your OPPORTUNITIES for the WEEKHey tradomaniacs, this is just meant to be a weekly preparation and shows that nZD/USD is currently right at a significant level. A support above the trendline would confirme the breakout and could be a potential BUY-SIGNAL! A break below the trendline and out of the rising-wedge would be a potential SELL-SIGNAL! Hope this will help you to get prepared for the next week. :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez