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Eurusud

EURUSD moves in RESISTANCE zone. Next - FALLWe continue to observe the behavior of the price of this currency pair. And for the third day, it cannot leave the resistance zone 1.217, which it entered after a strong growth from the support level. Let me remind you that at this point, in addition to the zone itself, there is also a strong resistance line for August 2020. This price behavior may be related to economic news and new support injections into the US economy. However, even taking into account the information agenda, I doubt that the price will be able to rise. As well as yesterday, I expect that the price will leave the resistance zone and fall to the level of 1.202. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
23
XAUUSD !! Who is waiting for bearish ? The channel is broken and now, technically, there should be a decrease in the channel length.I put the link of my previous analysis, you can review Please push **LIKE** to support idea , thanks This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
OANDA:XAUUSDShort
by Wolf_of_Trading
66
EURUSD wait a little and open BUY TRADERecently, the euro-dollar market has been very unstable. We consider the price movement taking into account the influence of the strong line, which has been forming since 2008. And for all this time, the price has never been able to break through this line, although it touched it quite regularly. However, at the end of July, the line was broken at point 1.152. After that, the price went up, but reversed at the line and the level (at that time - support) dropped to the support line and fixed on it first once, and then after another rise and fall - a second time. Thus, creating the basis for their future growth. During this strong growth, the price came to the strong resistance line at 1.217. Then it turned around and already shows a small downward movement. Therefore, the first thing I expect in the price action is a fall to the 1.201 support line. After that, I expect the price to bounce off the line and start growing from this line to support level/ And this is a buy signal. SL - 1.185 - along the lower resistance line. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Long
by Lingrid
14
10/19/2020 prediction till US Election..New Covid-19 restrictions and increase of infections specifically in EURO zones, stocks struggling from a slowly stagnating economic recovery. Without stimulus talks, bearish US economy- good for USD and JPY safe havens. Looking at technicals- well, just look at technicals lol 10/19/2020 on the economic calendar- Speech after speech. Could be choppy, watch for sweeps. Look to exit trades at lows Oct 28th if oversold conditions present themselves.. 10/29/2020 on the economic calendar- Initial Jobless Claims, Gross Domestic Product Annualized -31.4%, ECB Interest Rate Decision US holiday- HALLOWEEN the 31st....
Short
by JHSIV
EURUSD ECB minutes keyThe euro is holding firm against the US dollar in early Thursday trade, ahead of the release of the ECB Meeting Minutes later this morning. Any commentary towards increasing QE purchases will likely be bearish for the EURUSD pair. To the upside, if ECB members are seen to be divided about further QE purchases, it will likely be taken as bullish for the EURUSD pair. • The EURUSD pair is only bearish while trading below the 1.0950 level, key support is found at the 1.0920 and 1.0880 levels. • The EURUSD pair is bullish while trading above the 1.0950 level, key resistance is found at the 1.1025 and 1.1070 levels.
by OctaFX_Official
EURUSD - Finding a Bullish entryHi guys, The recent EURUSD trade idea posted are conflicted, but most agree on the longer term trend (up). If you are using my tools, there are a few easy ways to find trade entries. Today we want to find a Bullish entry, but we won't get another Trend Signal alert. However, Trend Signal is still confirming a Bullish trend. Our best way to find an entry is to use X Meter and Wave Trend. Wait for the bars (green) to grow taller. This will be our first signal to enter long. Our second confirmation will occur when Wave Trend crosses '0' and begins to move up. Our EURUSD Market Barometer is already crossing up and begin to print green. NOTE: this approach only works because the EURUSD formed a sideways consolation and is not ready for another push up. If you are unsure about sideways consolidation patterns, this link might help (warning - tons of pop-ups on this site, but the info is good): www.tradeciety.com This is not investment advice, just my opinion(s). Please trade accordingly. Trade safe and keep an eye on news.
Long
by riffster21