Eurusdbreakout
an extraordinary pair (part II)As I am sure you are aware the pair came up against the lower bound of the multi decade trend near the 1.03 handle late last year. It has also tested a descending channel limit on the daily chart around that time leading to an initial rebound.
It is important to realise that a larger correction is not expected so long as support at recent lows of 1.0350 remain intact.
Please remember to give this chart a thumbs up if you found this helpful.
Best wishes
an extraordinary pairCurrently a pullback is taking shape, and eurusd is approaching the support at 1.0450, the 76.4% retracement of the rebound.
However, a larger correction is not expected so long as support at recent lows of 1.0350/1.03 remains intact.
I will also be posting a daily update of this pair due to the number of requests, please support these ideas by giving them a thumbs up and best of luck for the week ahead!
All the best
Going to ReverseDepending on the number released later today from the US, it's going to either reverse on the previous low trend line, and become the rebound loft - or continue up. I believe in the former. Let it hit and reverse next week, when it passes the candlestick from the previous day, I'm going short.
EURUSD:The Green line cover the Red lineI hold a point:Good charts does not more words to explain! Good luck!
eurusd bounceEUR/USD retraces 61.8% of YTD rally and recovery begins
We had a close below the 50d SMA, and that is bearish; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first.
Gl and remember this is only temporary, the euro is collapsing.
EURUSD NFP POSITIVE TAKING CONTROL NEXT WEEK ?!THIS IS MY ANALYZE ON EURUSD SHORT TERM AND LONG ONE !
AFTER NFP RESULT AND UNEMPLOYMENT RATE THE PRICE DIDN'T MADE A BIG MOVE LIKE IT WAS SUPPOSED TO SO IN THE CHART WE SEE BREAK OUT AND RETEST AND ALSO HEAD AND SHOULDER FORMATION SO I AM GOING SHORT ON THIS ONE ... TRADE WITH CARE AND RISK MANAGEMENT
EURUSD short termdivergence with market price and momentum. market price is holding this level but momentum is bearish so there is a bearish divergence. on a break below the 1.0777 zone and a retest of resistance we should see price start to begin going bearish toward the 200EMA (blue)
EURUSD Short -> LongSell EURUSD @ 1.071
SL 1.073
TP 1.0678
Buy EURUSD@ 1.069
SL 1.062
TP1 1.0742
TP2 1.0762
TP3 1.08
EURUSDlooking for a push up to the 1.079-1.08 zone for a short. If we see a push up to that level without momentum and MACD following it I would take it as a stop hunt and look to short it after a fail to close above the trend line at 1.08. At this point a short down to the 1.069-1.07 zone would be very possible
EURUSD rising wedge patternAlmost a month long rising wedge pattern is coming to an end. Bearish divergence signifies the imminent trend change. Possible test of the 1.08 and 1.085 levels.
As we know that rising wedge is a continuation pattern , we might be seeing a continuation of a massive downtrend that started mid 2016. for more conservative trading, wait for a break through the bottom of the wedge.
EURUSD longterm positionIt is in a steady upward channel on 4h, recently broke through a pretty strong resistance and key level at 1.07. I don't see the trend line stopping it from continuing bullish and I believe with a weakening DXY we could see the start of a steady and long term overall bullish move from EU
long EURUSD @ 1h @ trading capability for this 2nd week `17This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
more detailed stats (all 21 Major Cross-Rates) of 1st week 2017 @ my GOOGLE Drive
drive.google.com
Best regards :)
Aaron
short EURUSD @ 1h @ trading capability for this 52nd week `16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURUSD @ 1h @ around 1.05 maybe long/short front line ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
EURUSD @ daily @ will yearly lows 2016 & 2015 holds while 2017 ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
short EURUSD @ 60 min @ trading capability for this 51st week`16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
