EUR/USD

[Marzia83]

Hello and good day!
The pair began the current trading day with a decline which continues to this point. But despite this, the exit to the top may still happen by technique at least until 1.1910. And from there, a rollback may take place by at least 80 percent. Now you should be asking where to open a buy position? Currently, there is sloping support where the pair is located around this moment. In case it declines, the pair will quickly go down towards the strong support at 1.1820 and buying there will be very interesting, especially against the background of the indicated target of 1.1910. I am still waiting for this. I am not considering selling yet, due to the increase in the high of the upward target.

[ayat16317]

Dear mates, If you take a gander at the D-1 time period, we can see as per the Williams Alligator demonstrates the current Euro US Dollar cost is in the opposition territory, in particular, the 1.1939 value region as we can see as of now on the minor time span, specifically on the H-1 and H-4 time periods the Euro US Dollar cost is as yet showing bearish conditions and the help region at1.1890 still looks really solid.

In any case, taking a gander at the D-1 time period, we can see two potential patterns that will happen, albeit overall the Euro US Dollar is as yet in a bearish condition however the last wave didn't appear to have prevailed with regards to shaping a lower low and began to frame a higher high territory, so it may happen pattern inversion, and there is a likelihood that Euro US Dollar will begin encountering a bullish pattern. Notwithstanding, the current Euro US Dollar condition is as yet in the obstruction region and furthermore a minor time period which is as yet showing a genuinely overwhelming bearish pattern so as I would like to think we better follow the bearish pattern on minor time periods.



Forecast & Trading Plan:

Despite the fact that the D-1 pattern actually has the likelihood to make a pattern inversion, the minor time period drifts as seen on the H-1 and H-4 time spans actually show bearish conditions and dismissal happens when the cost is at obstruction in the value space of 1.1939 so the current exchanging plan the best thing is to sell just and hang tight for value affirmation while in the help territory,

Remember friends to consistently utilize cash the executives admirably and never open a position dependent on presumptions and without first investigating since it will be exceptionally risky and can undoubtedly prompt misfortunes, consistently make sure to control your feelings and consistently be the target while dissecting the market.

[rheka98]

Good day!
A bearish scenario is currently unfolding. The price on the H4 chart is now likely to decline to the lower Bollinger band somewhere in the region of 1.1815-1.1835. However, basement indicators suggest a potential continuation of the upward trend. Meanwhile, the pair has already approached the lower band at 1.1884 on the H1 chart. If the price successfully consolidates below this mark, the pair will fall into the flat zone, which will be located between the downside border of H4 and the upside border of H1. In general, according to these time frames, the rollback is already complete, which means we can expect growth to the intraday targets of the bulls at 1.1939-1.1966-1.2005.

[Elliot_Trend]

Yesterday, the euro/dollar pair almost reached the level of 1.1930. Given that in the previous sessions, the price hit new highs, rising above the early ones by about 50-60 points, yesterday it was able to update its previous high by only 12 points. The price entered 1.1913-1.1927, the area of resistance levels, and began to pull back in the Asian session.



Today, the pair is likely to rise up to the level of 1.1945. However, bears may drag the price down from the current levels. In this case, the price will go down to 1.1730-50 through the support zone of 1.1820-1.1800. In this area, buyers will most likely become active and open long positions on the euro/dollar pair. In order to start moving down, the price needs to consolidate below yesterday’s key level of 1.1860. However, the pair’s decline may be limited as according to the order book, a lot of bears are still stuck below the levels of 1.1880 and 1.1860. Besides, the number of buyers is rather small.



It appears that there is no strong signal indicating a global uptrend, which means that a scenario suggesting a continued upward movement cannot be ruled out. Therefore, the price may well enter the resistance zone of 1.1945-1.2000.

As an alternative, traders may increase trading volume and start to push the price down from the current values. In this case, buyers will not miss a chance to buy the euro/dollar, while sellers will most likely close their positions, thus allowing the price to drop to the area of 1.1820-1.1800.

[crazyprofit]

Hi, everyone!



The pound/dollar pair opened today’s trading session below its daily balance. Therefore, speaking of intraday trading, the best way to make a profit is to open short positions. In the early trade, there are no formed signals indicating the opportunity to enter the market - divergence according to the hybrid indicator Stochastic + Bollinger, as well as the classic bearish divergence.

Additional guidelines for today: the pair’s bullish run is limited by the level of 1.3808, while its bearish movement is limited by 1.3680. In case the price hits the Murray level of 1.3717, the pair will have every chance to go down with a view to reaching the target level of 1.3680.

[101Goldhunter]

Good morning!

I hope you have time to rest at night and not only wait for profit. I will give my traditional review of the pairs



EUR/USD is generally moving upwards. However, there are signs of a downside reversal on the intraday chart. The breakout of the 1.1914 level will cancel the downtrend. The nearest downward target is 1.1750. So, my early predictions are still relevant.

GBP/USD is steadily moving downwards. The breakout of the 1.3781 level will cancel the trend. I have no levels left below. The price has already tested them all even with a bonus. My bonus level was at 1.3690, while the pair has reached the level of 1.3670.


Technical picture for other currency pairs
Below, you can see a chart of 8 currency pairs, with white arrows showing the main trend. Red and blue lines are the indications of the pairs’ trajectory on the intraday chart. They show what is exactly happening within the main trend.



-Currently, EUR/USD is trading down on the intraday chart.

-The same is true for the pound.

-Both Aussie and Kiwi are trading flat, while the intraday chart indicates a downtrend.

-The Franc is heading for the downside and is unlikely to change its direction.

-USD/JPY shows a pullback from the main trend which indicates an uptrend on the intraday chart.

-CAD is holding within an uptrend. It has made an intraday pullback to the upside. If it doesn't renew its high, the trend will be cancelled.

-Oil is trading in a descending flat channel.

-Gold is generally moving upwards, but its direction is not yet clear on the intraday chart. I expect it to start a downtrend.

If you feel that the second screen is better for you to understand, please let me know. I just want to figure out what is the best way to describe the trajectory of the pairs. It’s all clear for me what is going on, but for some of you it may not be so easy. So, I do my best to make it more convenient.

[EarnestMike]

The euro/dollar pair has been trading upwards for the whole week. However, the trading week is not over yet. Therefore, the situation may change. I still expect the quotes to go down and I keep my positions open.



According to the trading chart, we can see the formed resistance near ​​yesterday's high and two support levels around ​​1.1860 and 1.1810. Unfortunately, the price will hardly be able to achieve the target of 1.1780 today. Such a significant intraday movement is impossible as there are no strong drivers which could have an impact on the pair’s dynamics. Its further possible movement is schematically depicted on the four-hour chart.

According to other trading charts, the price may well reach the Murray level of 1.1963, from where it will be possible to enter the market with short positions.

[FranoGrgic]

The price reverse happened and the $1.18400 was reached as was said in the previous weekly analysis.

But, the price managed to get out from the descending channel and reach major resistance at $1.19000.

f the price ends next week above $1.19000 then it will move market sentiment to slightly bullish.

If the price manages to close above $1.20800 then the next resistance is at $1.21080.

[TraderGeorgie]

After the previous four days the Eurusd pair experienced a consecutive upward movement. Then the doji candle appears on April 9, this shows that there will be pressure from the seller. Even though his strength at that time was still evenly matched. At last Wednesday's trading session, finally the price could experience a deep downward movement. A bearish candle finally formed, measuring 44 pips in size, as I observed through the daily time frame.




It looks like the seller will try to bring the price down again. The closest target price is to break the green zone at the levels of 1.1893-1.19987. The area has been categorized as verified support at this time.


Meanwhile, on the one-hour time frame, the seller has succeeded in bringing the price through the gold-colored line as a representation of the moving average indicator for the 200 period which was at the level of 1.19027 at yesterday's trading session. thus it is estimated that the price will continue its downward movement on Thursday.

For that I have made a sell order when the price broke the MA 200 line validly. I have placed the profit target at the 1.19950 level, where there is a green zone or verified support. Meanwhile, I placed the stop loss at the 1.19046 level.

Potential profit that can be obtained is around 152 pips to 363 pips. Furthermore, the best sell area is at fibo 423.6, point 1.225703 to the reversal area, point 1.235897. We can fit take profit in the fibo area 261.8, point 1.204617 with a stop loss above the reversal area. The potential profit from the sell option is around 215 pips to 316 pips.