{"id":12190,"date":"2022-06-28T08:00:53","date_gmt":"2022-06-28T08:00:53","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12190"},"modified":"2023-05-11T08:03:27","modified_gmt":"2023-05-11T08:03:27","slug":"eurusd-stuck-between-the-4h-ma50-and-ma200","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/06\/28\/eurusd-stuck-between-the-4h-ma50-and-ma200\/","title":{"rendered":"EURUSD Stuck between the 4H MA50 and MA200"},"content":{"rendered":"

 <\/p>\n

The EURUSD pair has been trading within a Channel Down since the February 10 High but lately in particular since June 20, it has been sideways within the 4H MA50 (blue) and 4H MA200 (orange trend-line).<\/p>\n

Our last EURUSD idea on the 4H time-frame, accurately caught the most recent top of the Channel all the way to the Support:<\/p>\n

\"EURUSD<\/a><\/div>\n

Having a clear Support at 1.03470 on a technical Double Bottom formation, there are high chance of finally breaking above the Lower Highs trend-line of the Channel Down, if the current price action continues to recreate the March 07 – 30 fractal. If not, a rejection on the Lower Highs trend-line, can take the price back to the Support where a 1D candle close below it, opens the way medium-term for prices near 1.0100 (-0.236 Fibonacci extension).<\/p>\n

On the other hand, a break above the 1.078555 – 1.07720 Resistance Zone, can be enough to reverse the long-term trend to bullish and start targeting the higher Fibonacci retracement levels.<\/p>\n

Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/EURUSD\/Vvhn9CKg-EURUSD-Stuck-between-the-4H-MA50-and-MA200<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  The EURUSD pair has been trading within a Channel Down since the February 10 High but lately in particular since June 20, it has been sideways within the 4H MA50 (blue) and 4H MA200 (orange trend-line). Our last EURUSD idea on the 4H time-frame, accurately caught the most recent top of the Channel all<\/p>\n","protected":false},"author":611,"featured_media":12191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12190"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12190\/revisions"}],"predecessor-version":[{"id":12194,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12190\/revisions\/12194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12191"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}