I found one can get trading opportunity in EUR/USD.
EUR/USD got latest resistance at 1.12186. From lower levels it has started making higher low. So if it crosses this 1.12186 level then it can touch next levels at 1.12641.
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I found one can get trading opportunity in EUR/USD.
EUR/USD got latest resistance at 1.12186. From lower levels it has started making higher low. So if it crosses this 1.12186 level then it can touch next levels at 1.12641.
today my specific examination on market design with this pair.
market design on :SELL
moving ordinary with buy :30%
moving ordinary with SELL:70%
Logical sar on : SELL
SO if we trade buy side, by then we get shurely take advantage to pick up.
“Further up the 55 week moving average can be spotted at 1.1208 and the August peak at 1.1249. Still higher up meanders the 200 week moving average at 1.1358 which remains in focus for the weeks to come. It represents a critical break point on the topside from a medium term perspective.”
“Support below the 1.1116/01 December 4 high and December 13 low sits at the 1.1097 November 21 high. Much further down lies the December 6 low at 1.1040.”
“Failure at 1.0981 would target the 78.6% Fibonacci retracement at 1.0943. This is seen as the last defence for the 1.0879 October low. If revisited, we would look for signs of reversal from there.”
Maray analyses kay hisab say ye pair bullish trend show kra raha hay or is ki parabolic position bi up honey ka ishara day rahay hen.
Ye pair buy ka bna huwa he I think jahan par market punche huwe he wahan se up
ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye.
Is kay tmam indicators hum ko up side ki tarf janay ka ishara day rahay hen to buy ki positions kafi better nazar as rahi hay .
Is ki strong support frame m30 per show ho rahi hay . Shukria
1.1113 -0.0036 -0.32%
08:22:45 - Real-time Data.
Overview Historical Data Technical News Analysis Chart Interactive Chart Comments
Eur/usd
Support below the 1.1116/01 December 4 high and December 13 low sits at the 1.1097 November 21 high. Much further down lies the December 6 low at 1.1040.”
“Failure at 1.0981 would target the 78.6% Fibonacci retracement at 1.0943. This is seen as the last defence for the 1.0879 October low. If revisited, we would look for signs of reversal from there.”
Eur/Usd
EUR/USD On Tuesday, the EUR/USD currency pair declined to the support level—the weekly PP at 1.1126. During today's morning, the pair was testing the given support.
Note that the exchange rate is pressured by the 55– and 100-hour moving averages at 1.1144. Thus, it is likely that some downside potential could prevail in the market.
However, note that the currency pair could gain support of the 200-hour SMA at 1.1114. If the given support holds, it is likely that the Euro could consolidate against the US Dollar in the short term.
The market formed a head-and-shoulders pattern which can potentially be bearish. However, if the spot manages to conclusively break the 1.1151 level, the pattern is probably going to be invalidated as buyers would likely target the 1.1186 and 1.1220 levels. However, on the flip side, a break below the 1.1104 support can generate weakness towards the 1.1062 and 1.1027 price levels, according to the Technical Confluences Indicator.
EUR USD (Euro / US Dollar)
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in
Eur usd . 🔴
Rate is better than previous day
you can take Sell position today.pivot point will be first target. after that price maybe can go to first support. stop loss area around support 1 level
Recomend Today = Bearish trend 60% 📈
ye pair abi strong resistance or fibo level zero par hai. agar ye is resistance ko todta hai to ise khridna chahiye. but mujhe lagta hai ki yahan se iska girna shuru hoga.📈
Shukria . .