EURUSD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most...
Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
EU is Bearish on HTF During Sunday Market Review we had previously anticipated a short position targeting swing lows, but mostly based on MTF/LTF structure, where we saw CH and a potential pull back to MTF/LTF POI. Unfortunately those POI and CH were all trap that were used to fuel bullish pressure to mitigate POI/IMB. mind you this IMB mitigation had happened on...
Hello,Traders! EUR-USD made a retest Of the key horizontal Resistane of 1.0890 From where we will Be execting a Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On the higher Timeframes EUR/USD is still bearish. US futures on the all time high, and we are aware of the correlation between the two, especially with the SP500. Based on supply and demand area I'm expecting this pair to bounce back from the low 1.09 area down to the 1.07 area.
There is a potential trend reversal on the 4 hour timeframe. Stop loss: 1.0895 Take profit: 1.0765
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some time ago declined to support 2, which coincided with the support zone and at once rebounded up. EUR some time traded near this level and later broke it, after which reached the trend line. After this, the price rebounded and started to grow inside the wedge,...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08350 zone, EURUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.08350 support and resistance area. Fundamentally the CPI of today was quiet priced, nothing...
Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”. Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843. Manage your capital correctly and competently!...
📈🐂 EURUSD Analysis 🐻📉 🔍 Currently, EURUSD finds itself at a crossroads, caught between two vital daily structures. Looking ahead to next week's potential moves, here are two scenarios to watch: 1️⃣ Bullish Outlook: If the market breaks the trendline and seals the deal with a solid close above a hefty resistance line forming a substantial falling wedge on the...
📉 Bearish Reversal Setup on USD Pair: Trade Idea and Analysis 📉 Overview: This analysis focuses on a potential bearish reversal pattern for a USD currency pair on the shorter timeframe. ⏳ Recent price action suggests a downward movement, and this trade idea aims to capitalize on that potential. 📉 🔍 Analysis Details: 1. Current Price Action: - The price is...
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...
I had an ongoing trade before CPI, then added another position after CPI... My trades are based on structure and liquidity. I'll give an update on the outcome...
🕵️♂️ Let's dive into analyzing the popular forex pair EURUSD on the first trading day of the week and explore possible scenarios. 📊 In higher time frames, we're still within the range of 1.11059 and 1.04612, which indicates relative stability. This makes sense considering the policies of the European Union and the US government, allowing for fluctuations in...
EUUSD, price have been bullish since dxy has been dropping, after looking at the price behaviour and volume. We can expect price to continue to rise and create a new higher high. Use accurate risk management while taking the idea.
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello,Traders! EUR-USD is going up now And the pair made a bullish Breakout so we are bullish Bias and we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!