Euro / Dolar A.S.Panjang
EUR/USD Forecast: long then short
Here is an update on EUR/USD
RECAP: (Previous Analysis)
In our previous analysis EUR/USD was trading at 1.19240
We were bullish on the pair and expected it to test resistance @ 1.19500 & this is what the pair did
however the pair touched 1.19500 & immediately fell triggering our Buy Stop @ 1.19500
forcing us to open more Buy orders @ 1.19
Finally the pair did manage to hit our TP thanks to FOMC enabling us to bank over 3600 pips on the pair
WHAT TO EXPECT:
Currently @ 1.19800
We expect the pair to retrace back to that resistance @ 1.19500 & hope it turns to support
But the pair could still continue its uptrend & test the 1.20 level before retracing
Bearish Harmonic pattern is currently being formed on the 30M chart which is signaling a
possible reversal
(Note: Looking at the past events EUR/USD tends to be bullish then erases all its gains after the FOMC)
OUR POSITIONS:
Buy Stop @: 1.20100
Buy Stop TP @: 1.20300
Sell Stop @: 1.19400
Sell Stop TP @: 1.19200
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make
RECAP: (Previous Analysis)
In our previous analysis EUR/USD was trading at 1.19240
We were bullish on the pair and expected it to test resistance @ 1.19500 & this is what the pair did
however the pair touched 1.19500 & immediately fell triggering our Buy Stop @ 1.19500
forcing us to open more Buy orders @ 1.19
Finally the pair did manage to hit our TP thanks to FOMC enabling us to bank over 3600 pips on the pair
WHAT TO EXPECT:
Currently @ 1.19800
We expect the pair to retrace back to that resistance @ 1.19500 & hope it turns to support
But the pair could still continue its uptrend & test the 1.20 level before retracing
Bearish Harmonic pattern is currently being formed on the 30M chart which is signaling a
possible reversal
(Note: Looking at the past events EUR/USD tends to be bullish then erases all its gains after the FOMC)
OUR POSITIONS:
Buy Stop @: 1.20100
Buy Stop TP @: 1.20300
Sell Stop @: 1.19400
Sell Stop TP @: 1.19200
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.