The U.S. dollar index fell under pressure today after a number of major global events. But this phenomenon will only be short-lived, because the price of the U.S. dollar index has fallen back, and there may soon be a protective behavior during the U.S. trading time. Today, the U.S. dollar index does not rule out a counterattack, because this is a kind of...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Demand Zone Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Fibonacci Level - 50.00%
EURUSD is bullish on its 1D technical outlook (RSI = 61.508, MACD = 0.003, ADX = 33.468) but is on the 4th day of descend, which is a natural reaction as it almost hit the top of the 5-month Channel Down. In the meantime the 1D RSI almost hit the top of its own 5-month Rectangle. We are still on the ideal level to short. Our Target is intact just over the 1.236...
I am expecting EURUSD to make a move upward and take out the previous higher high.
Bar D1 increased yesterday with a wide range, had a lower shadow and closed close to the top, showing very good buying pressure during the day. More importantly, this D1 bar closed above the previous Inside bar pattern, creating an upside breakout that could be the price action that gives EURUSD D1 additional upward momentum. However, structurally, EURUSD D1 is...
A #short trade opportunity recently presented itself on the #eurodollar (#EURUSD) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 1.08939 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should...
EURUSD is overbought on its 1D technical outlook (RSI = 71.115, MACD = 0.002, ADX = 33.336) with the price approaching the top/ LH trendline of the long term Channel Down. It is already past the 0.618 Fibonacci level, where the last LH got rejected but the 1D RSI is right where the tops of December 27th 2023 and March 7th 2024 where formed. This is a solid low...
EUR-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up !
Hi fellow traders, EURUSD is ready to make a move higher from the blue box after completing the correction. Target the 1.0857 level. Good luck and trade safe!
Price rejected at 1.07526 with stronger wick rejections, suggesting further drop in price is inevitable, alongside DXY failed to make major bearish correction. Currently, DXY is extremely bullish and it is likely to remain that way until friday where we will be having NFP(NON-FARM PAYROLL). Price can drop until our entry point at 1.05204 where in our opinion price...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Demand Zone Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Break of Structure
The dollar index and dollar index futures were little changed during the Asian session on Monday. But traders remain largely biased against the greenback ahead of key US inflation data later this week. The CPI - released on Wednesday - will be closely watched, as it could influence the US interest rate outlook. The dollar saw wild swings last week as mixed U.S....
hello traders this my trading setup Strategy : institutional tactics If you like my idea please hit the like button, follow and show some love wish you good luck and good trading
Hello traders this my trade prediction setup EUR/USD if you like my content hit the like button follow and subscscribe and show some love wish you good luck and good trading
EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the...
Hello, friends. Nice to meet you I hope you all have a good day The candle is located inside the Ascending Broadcasting pattern and can be dip once more towards the RED line. And if it get to the RED line, We expect to see a successful rebound and break through the Ascending Broadening pattern upper line.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Impulse Correction Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Correction Fibonacci Level - 78.60%
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure Fibonacci Level - 61.80% Bullish Channel as an Corrective Pattern in Short Time Frame Fake Breakout