Euro / Dollaro
Long
Aggiornato

EURUSD Get Ready To join the Bulls #EURUSD

618
EURUSD bot at 50% Weekly Fibo

Now trading inside the channel pressured to go Bull based on recent positive economic indicators.

If next week economic data provide positive results then EURUSD is set to go Long!

If economic results are bad we are will be looking for Bears to push EURUSD down to test 50% Fibo again on a Weekly Double Bottom test. Great entry for LONG if that happens.
Nota
Looking RSI divergencies to support the Bulls.

EURUSD Close to H4 200 SMA -- passing this level we're set to break the triangle and go long .

1.05230 good suport level to enter long
Nota
istantanea
Nota
istantanea

As this new Update suggests... we now trading above the triangle. If you enter the trade at 1.052 like me then you can wait and see what happens. If not should wait for new economic data to see how EURUSD will react to it.

Looks like we are in good position at least for a Weekly retracement up to the 38% Fibo
Nota
istantanea
Nota
istantanea

Another fake out .. now starting to form an H&S pattern inside the channel to push lower.
Nota
istantanea

might be good point to risk a buy
Nota
istantanea

EURJPY + EURCHF retracing are slowing down EURUSD - if these two can hold might be good for EUR

istantanea
istantanea

Also EURGBP at good Support Level..

istantanea

These 3 pairs can hold at their suport and boost EURUSD but watch out for big economic news incoming from USA today
Nota
istantanea
Nota
Back at Key Support level again... wait for the news
istantanea
Nota
istantanea

So far economic data was decent which might indicate rates will remain stable.

H4 candle closing big fat green... stll 30min to finish the H4 candle so watch out.

EURJPY and CHF holding
EURGBP at good support still

Good indicaton
Nota
istantanea

Once again support rejected and held by the good economic news. EURUSD building more and more strength for the buyers

EURJPY now also looking forward to look for test the high
Nota
istantanea

CHF also strong for the EUR

istantanea

ERUGBP looking good .. key support held the price

istantanea

All pointing for long
Nota
istantanea

Daily Close
Nota
istantanea

istantanea
Nota
Good news might break DXY to weekly 50% retracement during next week which will give strenght to EURUSD
Trade chiuso: obiettivo raggiunto

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.