In our last analysis, EUR/USD FX:EURUSD Continued the bearish move and right now the price is ranging. We believe the price will move upward as a correction. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on...
I anticipate the Euro, Yuan and Yen all devaluing this summer against the dollar. I think it starts off with PBOC or BOJ devaluing which will start off a firestorm first by increasing the dollar to 140-160+. I anticipate that at a minimum we'll see .75-.80. Also, the TTM Squeeze indicator is almost on every TF except monthly which will hit by this summer. That...
EU Weekly: EU 4h: Overall, a lot of bearish confluence across the timeframes. Look for further confirmation and entry setups. ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
My bias for EURUSD is similar to GBPUSD, as I'm seeking selling opportunities towards a demand zone. There's a 10-hour supply zone that I'm eyeing for potential sells to continue the downtrend. I'll be waiting for a high to be swept during a Wyckoff distribution before entering my sell positions. Following this, I anticipate price to decline towards the 3-hour...
We observe a pronounced bearish signal on the EU Daily chart. The recent breach of the last higher low suggests an increase in bearish momentum, indicating a strengthening bearish trend. The supply zone has already been retested, setting the stage for a potential move towards a new lower low. A downtrend of 500 pips is anticipated in the near future.
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher. The Relative Strength Index (RSI) indicator on the 4-hour chart recovered toward 50, reflecting a loss of bearish momentum. On the upside, 1.0700...
Head and shoulder formation on 1D chart. Possible downside of EURUSD pair
EURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis. Key Levels and Fibonacci Retracement: Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance....
EU Looks Weak, So taking sells from that H1 IFVG after H1 Created a Sellside FVG Trading inside and away from H4 Sellside FVG.
I'm expecting to see a short term downwards reaction on EU today. Reasons: - Test of 1h 200 EMA - Retest of low created last Thursday - Retest of psychological 1.07 level - Expecting downwards move to retest 1W trendline Trade set: - Entry: 1.07 - Stop Loss: 1.071 - Take Profit: 1.066 - RR: 1:4 Will update specific entry, SL and TP as my order gets filled....
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
Greetings, everyone! We’re back with a fresh analysis, and I’m currently seeking a Sell opportunity in the OANDA:EURUSD pair, The price might retest the indicated zone, and once we observe any confirmation, we will enter a short position.
EUR USD has formed a Symmetrical Triangle on the daily timeframe, and a breakout has occurred now we need to wait for a retest of the pattern before looking for an entry Short/Sell on the lower timeframe
EU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!
EURUSD Is currently stuck inside a triangle... and has bounced of the 61.8 fibonacci level which indicators a huge reversal to the downside. This would be a good time to sell EURUSD and take profit to the VERY BOTTOM! Low risk high reward opportunity.