⛔️ EUR - There is a SPEAK of ECB PRESIDENT this week. CPI FLASH DATA will also be released. It is important for us to provide FOCUS for GBP. The EUR STRENGTH is determined by the DOLLAR STRENGTH and the MARKET SENTIMENT. There was also a very important story for GBP yesterday. But it could not make such an impact. ⛔️ EUR FEATURE currently stands at 1.1023...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4613). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4613). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Yesterday we looked at the possible sales at 1,1000. Today, we're trading at these values and therefore we expect a rejection. Conservative stops are above 1,1140 but we can also look for more aggressive stops above 1,1050 and 1,1070 We're expecting for price to reach and break below 1,0830!
With price expected to reverse off the ichimoku resistance, we have a bias that price will drop from our entry at 1.10398 in line with the 50% Fibonacci retracement level to out take profit of 1.09089 in line with the 100% Fibonacci projection and swing low support. Alternatively, price may break our entry structure and the descending trendline and head for our...
Hey traders. in today's trading session we are monitoring EURUSD for a selling opportunity around 1.099 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
EURCHF has rebounded out of the key resistance level at 1.030 prior to the EUR Consumer Confidence data today. Consumer confidence data is set to be released from both France and Germany today, and given the current tensions in the EU it is likely that consumer confidence will have plummeted. Negative consumer confidence will weigh on the Euro, particularly...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5857). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5857). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Price has moved past 20ma, showing strong momentum. Next important levels to look out for are the weekly high and 100ma. If price can break through these levels it is likely to test 200ma.
My views on EURCHF is bearish heading towards the support line of 1.01540 to retest it or break it. Once that's broken the second support line will be 1.00192 .
HELLLOOOOO PIPPIN PEEPS!! While I wait for JPY pairs to fall....there's this possibility with EURCAD trade. Trade with care. Risk small. HAPPY TRADING
Euro is very weak to start with and I look forward to seeing it continue weakening. The bearish OB has been retested today and respected after the price went up to sell at a premium. The price will drop to fill the Liquidity Void below. Like, comment and Subscribe
EURNZD on the daily chart is moving in a downtrend and the market after the recent lows retraced at the 0.618 fibonacci level over a weekly resistance. Remaining the trend in a bearish scenario i can expect a lower low with the market that currently testing a confluence zone that can break below anytime. How can i approach this scanrio? I will monitor the market...
EURUSD on the 4h chart tested the weekly resistance at the 1.11500 with a spike after the recent low. The price seems to lose again the bullish momentum and I can expect a new bearish leg if the pair will confirm its weakness during the eu market session. How can we approach this scenario? I will wait for the break below the support area and if the condition...
The appearance of multiple rejections at the 1.576 area coupled with a temporary breakout of the key level at 1.582 makes this zone a strong demand level. It is appropriate we remain patient as we look forward to a rejection of the key level for confirmation. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Looking at EURUSD on 4H Currently looking for long/buy position We looking for possible formation of the reaction phase