EUR/USD resistance is 1.0413 and 1.0450. Support is 1.0396 and 1.0362.
EUR/USD resistance is 1.0496 and 1.0536. Support is 1.0422 and 1.0387.
If you haven`t shorted here, when i gave you this signal: Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar. EUR/USD is the most actively traded currency pair in the world. The European Union rely on Russia for almost 38% of their imported natural gas . Germany gets about 50% of...
Watching the level between 1.0460 and 1.0445 for a potential bounce, If we trade through that level we could get a trade back to it and offer a sell to take out the 1.0340 level. I'm Also watching the 1.0571 - 1.0544 if we trade back to it we might get a selling opportunity to take out the 1.0340 level.
Euro/usd is heading to .80 or lower massive topping pattern on the monthly. With the fed raising interest rates to hedge inflation we will go into a deflationary time in stocks and the US dollar will inflate to $120+ driving the euro down. Plus shorting euro/usd you will be paid a premium daily.
#EURUSD (Update) Seems like EURO has Already Bottomed out but Still Moving Below the Key Resistance (Trendline) For Strong Bullish Momentum, Bulls Need to Clear the Trendline Resistance to Confirm the Breakout. So far Consolidating in GREEN BOX, If Trendline got Cleared, Expecting +400 PIPs Bullish Impulse in Coming days. Please like the idea for...
Watching EurUsd in the London session for a drop into the levels marked on the chart. If we do, I will go in looking for a long to target BSL and maybe leave something on for the level above marked in Grey ;).
Just an idea and trade at your own risk. EURUSD still in correction phase (yellow uptrend line) and holding on at the current support and demand zones at 1.0630 - 1.07. Next target is at the upper downtrend channel, upper channel of the correction uptrend and next supply zone at area 1.09-1.10.
• USD technical picture still looks bullish, supported by multi month ascending trend line • There are 2 support lines, labeled in blue and • Higher slope and steepness is called accelerating trend line, which signals a strong dominating bullish trend • Index also supported by the orange multi year trend line resistance turned support now • Next target on the...
Hi everyone In my last analysis on EURUSD ,we had a good move down for the market to become healthy( a little bit of liquidity was needed).Now the resumption of the bull trend might be a possibility.For this move we need some more accumulation in the current channel. Resistance level of 1.07$ will hold the price from falling for the next bar as well, then we...
Just an idea and trade at your own risk. EURUSD still in correction phase and possible next target to the upper channel of the downtrend at area 1.09-1.10. EURUSD broke last supply zone which now is the demand zone and next target to target supply zone (1.09-1.10) if it breaks the next supply zone at 1.08.
• In the chart above, I highlighted two chart patterns • 1: Triangle which I talked about in my last posts • 2: Ascending channel in which the pair is trading now • There was a breakdown from the triangle which hit the target exactly as per the measurement rule and even lower (120 pips) • The pair found some support near multi year support at 1.0340-50 and has...
This is my idea. I have seen all the Fibonacci numbers for the 2 and 4 wave targets and it is correct. Divergence is also seen in the MACD. There seems to be a possibility of a head and shoulder pattern. And abc correction is on the way.
EUR/USD Brake the support, it will ho back to the monthly support 1.035
Euro is firmed a wedge after big move and ready to goes down again. Three correction wave, downtrend line and a nice wedge will send Euro to the ground again.
The EUR/USD pair has crossed over the 50-day simple moving average (SMA) at the 1.074 level, following preliminary data showing Germany's overall inflation rising 7.9% year-on-year in May, reaching its highest level since winter 1973 and above expectations of 7.6%. German inflation has sparked speculations about a 50 basis point increase in ECB interest rates,...
Hi everyone After a good amount of bull market for EURUSD,now we can see the indications of a possible bear trend .These indications include less buying pressure and long shadows on top and bottom of last couple of bar in 4 hours chart. As the wedge pattern forms, in the next couple of bars we may get a breakout of the bull trend line.In my opinion, the...