Eurusdforecast
EUR/USD SHORT BUY OPPOTUNITY NOW..
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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EURUSD, are we rdy to drop or retest top of channel range first?Hi Traders,
Looking at the HTF, price impulsively pushed up from the lower boundary of the descending channel which has currently reached a double top range which price also failed to push higher. On the LTF we can see a bearish H&S pattern along with price moving correctively to retest the top of the structure.
If price impulsively breaks upward I will be waiting for bearish confirmation for a sell opportunity around the 1.04 range.
Trade Safe!
Thank you
$EUR - ECB DAY!!!$EUR - ECB DAY!!!
Exciting day ahead with $EUR brewing for its next move to either direction, we have ECB today - to hike yeah perhaps maybe 25-50 sure? but Nord stream yes to be turned back on but it wont be at full capacity. The moment we await for is this afternoon for further direction
Enjoy
TJ
EURUSD Long: Double Bottom at 1D Resistance AreaTrend: The overall trend is upwards.
Candle Sticks: Double bottom formation near the resistance area.
Resistance & Support: Price is respecting the 1D resistance area.
Reasoning: The formation of the double bottom near the resistance area indicate a small pump in the price.
TP: Near the support level.
SL: At the previous LH of the chart.
Eur/Usd next stepthe eur is currently volatile after the euro rate fix. If you look at the technicals, where the trend line that I drew is highly respected by the price, there is a high possibility that the price will continue to decline. I'm not going short at this point, I'll still look back. will there be a bearish engulfing on this H4 candle? if it happens, this is an early indication of the continuation of the downward trend
EURUSD Daily Technical Analysis for 20th July The resistance level at 1.0270 is still holding the bulls at bay and the pair is consolidating just below this zone. A confirmed breach of the mentioned key resistance would pave the way for the pair towards the next key resistance zone at 1.0383. However, a development of a short-term consolidation in the range of 1.0180 – 1.0270 is a highly possible scenario, before the bulls could attempt to take control and lead the pair above the resistance at 1.0270. On the other hand