Euro / U.S. Dollar EURUSD
EURUSD Forex Chart
Technical Analysis Summary
The red boxes on the chart represent the Asian session as I came to notice that during the LSE session the pair would either come to the 50% of the TSE range, or all the way down retesting/breaking the low of the TSE range. Of course the opposite could apply, retesting/breaking the high in case of a downtrend. Details are laid out on the chart. For risk and .
it is good to buy non dips around 1.23740-60 with SL around 1.23350 for the TP of 1.2470
Hey guys, We may have a possible right shoulder in place, given the aspect of the candles on H1 (EXHAUSTION CANDLES). The pattern should be watched closely. It could go all the way down in order to test the neckline, which is at around 1.22. I'm still bearish on EUR/USD (please check my previous ideas). Cheers Jesse
https://www.tradingview.com/x/SHTKcPVy/ Hi, everybody. Updated yesterday's idea. Was not impulse, but a complex correction of the 2 zigzags. Short positions open after the breakdown of this line, the final goal is not limited, because the downward trend. But still said the minimum goal
price reach Compression zone and 61.8 febo i will short it targeting bottom and 1.272 good luck
I have very rough coding done on a couple of modules. It's about 10 years of coding (Stand Alone Windows Platform) that I am going to attempt to port over.
Hi traders. I follow Euro since its effect DAX. Short on the table — Dax long Drive Safe
The growth of the pair has restored. On the 4-hour chart, the horizontal correction is forming as a fourth wave iv of v within the first wave (1) of the higher level, which is taking the shape of a triangle. Now the wave (d) of iv of the lower level is developing. If the assumption is correct, after the end of the correction, the pair will grow to the levels of .
EURUSD tested its resistance at 1.2387 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially react off, causing price to fall to its 1st support t 1.2325 (38.2% Fibonacci retracement, horizontal support) or to its 2nd support at 1.2306 (50% Fibonacci retracement, horizontal overlap support). We have also identified another resistance .
Hello guys its me again, TA: Uptrend breakdown, RSI give us opportunity for selling, doji (reversal candle). Most probably we will see pullback so don´t put your SL too tight. EURUSD Break uptrend and we are looking for downtrend after good news for USD, search for FOMC Meeting Minutes Fundaments: "More hawkish than expected is good for currency" Why .
Techicals: * The wave 2 correction is over, A vs. C of the zigzag= 1.618% and is starting to fall. * My projected wave 3 is the 1.618 target, where i also will take profit. I think this is where EUR/USD goes into an official bearish trend. Goodluck!
As we can see, the currency price respond at each level of the fibonacci extensions. The price is right had already end a 5 wave cycle, the price right now is in the retracement process in a descending triangle structure. The chance to go downside are considered high, in the same fibonacci logic, because it hasnt touch the fibo levels of the higher degree .