After massive drop when ppi came out, fiber has come to an important demand zone. The level 1.0888 is a great buy area with targets at 1.0940. Stops below 1.0870 would be ideal. Use proper risk management. Cheers
the price is moving in a down trendline making a decent waves. after watching the DXY we can say that this pair will continue to the downside. right now we are in a middle of a retracement preparing the price to go down back again. we will measure the current wave with our Fibonacci tool and be ready around ( 61%, 71%, 78% ) fib levels with any good bearish price...
EUR/USD has a long bias based on a prevailing uptrend identified through fundamental analysis and trend analysis. Look for a robust support level and confirm bullish momentum. In terms of fundamentals, leading indicators favor Euro zone. Stay alert to global events affecting the EUR and USD. Implement risk management strategies by setting volatility based...
NOVA hello everyone, Let's comment on gold price next week from August 14 to August 18, 23 World situation: At the end of the last session on August 11, the European stock market recovered slightly, the economy was gradually stabilizing, the Ukraine war was gradually reduced by the EU's influence to focus on economic recovery. This is the bright spot for the...
Confirmation • Buy-side liquidity taken out. • Break in Market structure. Entry • At Fair Value Gap Target • Below 101.910 Good luck.Trade responsibly.
Persistent Powell sends the dollar lower, euro bullish momentum back in focus Jerome Powell’s testimony in front of the U.S. House Financial Affairs Committee stressed that the Fed anticipates a more gradual pace of rate rises in the future. Markets now factor in just one more 25-bps hike before seeing the Fed pause, while the ECB is on track for another two...
I believe the daily momentum for this pair is still bullish. The 4H retraced to the 38.2% fib and presented a Volume bullish engulfing on top of a trendline . While I do believe the Euro is getting weaker, one more higher high or bullish push would make perfect sense considering the fact that its beneath a major resistance and had been rejected there prior. Its...
EURUSD is bullish in all aspects of the form. It took a small double bottom to confirm the major Double bottom on the daily. ADX is bullish during the latest high. Price may proceed to retrace to retest the daily support as it was previously rejected. I will buy upon a bullish reversal on top of support.
EURUSD retraced to the 38.2 and formed a morning star. Price then broke through a strong resistance. The 1H is looking to re-test support. I will be looking for indecision and reversal candlesticks on top of the daily support or the prior high which is near the low & 38.2%.
EUR/USD Touch 78% Fib Level And It Will Fly From There Be Ready
OANDA:EURUSD The daily chart shows EUR/USD closing below 1.0775, suggesting further weakness. While there may be some consolidation, the common direction could be downwards. The 100-day simple moving average (SMA) is flat, about to turn bearish, currently hovering around 1.0810, reflecting three bearish weeks. Expected to have a strong bounce after a series...
OANDA:EURUSD EUR/USD gained traction and headed towards 1.0810 during the European session on Wednesday. Although the German IFO survey showed worsening business sentiment, the improvement in the Expectations Index helped the Euro find demand. On the downside, EUR/USD could extend the recovery and target 1.0835 (50-period SMA) and 1.0865 (38.2% Fibonacci...
OANDA:EURUSD We expect EUR to 'weak further' last Friday but we think it 'unlikely to break key support at 1.0850 today'. Our view on EUR weakness is correct even though it has slightly breached 1.0845 (lowest is 1.0840). While severely oversold, EUR's weakness remains volatile. However, key support at 1.0850 may be out of reach today. Resistance is at 1.0872,...
Confirmation • Sell side liquidity taken out ✔️ • Break in Market structure ✔️ Entry • At Fair Value Gap ✔️ • At Discount ✔️ Target • Around 1.07200🎯
EURUSD is currently at support on the lower trendline and I am expecting a rise in price. In the chart posted, I have indicated confluence to support the trade decision.
Here is my thoughts on EURUSD IMBALANCE... is clear as day, price needs to fill this zone, so weather it happens today or next week, I'm expecting price to pull back down to the zone marked ... then I will need to see some bullish momentum ... that when we can scale in our buy position... please as always let me know what you think, do you have a different look...
Hello dear fellows , how are you doing . i am hoping you all doling great . so Today i will look for Long EURUSD as we are seeing market did hold 3 times yesterday on NY Session , looks like it might hold today as well , this is overall idea trade according to your Risk Management ... i will keep posting here in Trade Update . Have a Good Day !
Price has come a great support area. Expecting price to bounce from here and take out todays high. Targets above 1.07 and stops below 1.0600. Use proper money management. #iykyk #algoisalive