Posts Tagged “euro-vs-dollar”

Currency Pair = EUR/USD

Time Frame = Daily for Medium term trades.

Signal = Pending Sell stop at 1.4515 area.

First Target Profit at 1.4405 area , Second target at 1.4315 area.

Calculated Risk Level = around 5.1+ (Medium High Risk)

Stop Loss at above 1.4565 area.

Additional Strategy = As we can see EUR/USD still on uptrend in major time frame, but in early corrective on lower time frame.In today Elliott wave signal we prepare a pending stop sell for medium correction trend toward new support low at 1.4300-1.4400 area.

Latest EUR/USD Elliott Wave chart analysis :-

elliott wave

Latest Elliott Wave Signal Update Progress :-

Latest AUD/USD Elliott Wave signal - Buy Stop at 0.9080 area
Stop loss= Below 0.8980 area
Target profit = 0.9270 for 1st and 0.9580 for Second
Position=Pending Buy Stop
Additional Strategy = Expecting signal to be triggered in early next week and if not we will consider to remove our signal/pending order.

Latest EUR/USD Elliott Wave signal - sell signal triggered at 1.4600.
Stoploss= moved to 1.4560 to secure profit.
Target profit = 1.4400.
Position= Stopped out with 40pips+ profit
Additional Strategy = waiting for next signal

Latest GBP/USD Elliott Wave signal - sell signal triggered at 2.0800.
Stop loss = stop has been move to 2.0590
Target profit = target at 2.0535.
Position= closed with 265 pips profit
Additional Strategy = waiting for next signal

Latest NZD/USD Elliott Wave signal - Buy at 0.7740 trigered.
Stoploss= last stop has been trailled to 0.7770 when market reached 0.7800
Target profit = target at 0.8000.
Position= closed with 30pips profit when market hit last stop at 0.7770
Additional Strategy = waiting for next signal

Latest USD/CAD Elliott Wave signal - Nil
Stop loss= Nil
Target profit = Nil
Position= Nil
Additional Strategy = Previous signal not triggered and removed since market has moves towards our target.Wait for next signal

Latest USD/CHF Elliott Wave signal - Buy at market price = 1.1250 area
Stop loss= stop move to 1.1270 with trailing 30 pips+ when market hit 1.1300
Target profit = target at 1.1360 area
Position= closed with 20pips profit when market hit last stop at 1.1270
Additional Strategy = waiting for next signal

Latest USD/JPY Elliott Wave signal - Sell Stop triggered at 110.00
Stoploss= last trailled to 109.50 when market reached 109.20
Target profit = last target at 108.00.
Position= stopped out with 50pips+ profit at our stop at 109.50.
Additional Strategy = waiting for next signal

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Currency Pair = EUR/USD

Time Frame = Daily for Medium term trades.

Signal = Pending Sell stop at 1.4600 area.

Target Profit at 1.4400 area.

Calculated Risk Level = around 2.3 ( High Risk)

Stop Loss at above 1.4680 area.

EUR/USD Elliott wave Analysis :-

EUR/USD has continue to extend its impulsive up to 261.8% of fibonacci expansion level.

That is one of our medium end target which has a critical point of reversal trend.

Last friday we witnesses Euro quickly retrace after a new high been reached at above 1.4740 area.That is the first sign for euro to make reversal trend.So we advice not to put any long position into an account at least for the moment where Euro at the highest point against US dollar.

One of the best strategy is to wait for another break of previous low at 1.4620/30 area.

Pending stop at 1.4600 area is one of the safest step to trade upcoming corrective waves.

You can refer to our latest EUR/USD Elliott Wave analysis to get an ideas of your forex trading :-

elliott wave

 

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