Hy team we are here to update about USDCHF. This is at a strong resistance level. And here we are getting a strong rejection. Now we can see a good drop in price. It can touch Price level 0.92 Keep in touch we will update further soon.
Its making a Low - High - Lower Low - Higher High, that means its a sign of a reversal. Tell me about your opinion :)
EURNZD / 1W Hello trader, welcome back to another market breakdown. EURNZD has been taking a huge hit amid the Russia-Ukraine tensions. But the Price has never broken the long-term structure, which is bullish. For the next week's sessions, I will pay close attention to this pair for a very long-term trade. After I get my validation on a lower time frame. Trade...
Prices are on bearish momentum and abiding to our descending trendline résistance. We see the potential for s dip from our sell entry at 126.847 in line with 100 % Fibonacci Projection towards our 1st support at 124.441 in line with 61.87 % Fibonacci retracement. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices,...
I look for to selling EURGBP when breakout is confirmed. I will come back to set the limits.
We've been looking at possible short position on EURUSD for a few days now. Today, it's very likely to see another drop. Yesterday, price reached 1,0958, which led to another move down. A breakout of 1,0875 will confirm the downside continuation and we can place stops above the most recent high. Entering short right now isn't as confirmed but it gives you a...
I use rrr 1:3, enter after breakout to the downside
EUR – The euro climbed from 22-month lows against the dollar on Tuesday, supported by expectations that the Eurozone will increase fiscal spending to help offset the economic effects of the Russia/Ukraine war. Bloomberg reported that “the European Union plans as soon as this week to jointly issue bonds on a potentially massive scale to finance energy and defence...
The euro is strong on the surface and can be supported, keep in mind that we have to wait for the return of the promised candle and then enter into a deal ...
Hi ellioticians, todays technical analysis regard the EURUSD and its weekly time frame. We see a five-wave completed move on the weekly chart from the 2000's lows and a high at the 1.60 lvl.., which was then followed by a choppy price action between years 2008 and 2022. I labeled a possible triangle correction in the making with leg (c) now unfolding. Ideally the...
The EURUSD pair has been trading within a Channel Down since 2021. Yesterday the price came to the closest to the bottom (Lower Lows trend-line) of the Channel Down it has been since the March 31 2021 Lower Low and the 1D RSI the lowest since February 18 2020! Those are indications that the pair is approaching at least its medium-term bottom (if not long-term)...
Welcome back! Here's an analysis of this pair! **EURAUD - based on fundamentals of russia ukraine tensions, we expect more decline to come. SHORT! 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...
EURUSD on the daily chart turned with a double top at the 0.618 Fibonacci level. The price after the first attempt to break below retests the weekly support area at the 1.12 level retests the resistance and created a bullish impulse that ends with a lower low.. How can we approach this scenario? We will wait for a retest of the daily support and in that case, we...
EURCHF on the 4h chart moved lower near to the key level of 1 to 1. The price due to the uncertain Euro stability dropped sharply since the beginning of the tension on the Ukrainian war. From a technical perspective, i could expect some retracement to the upside at the beginning of the week and i will wait for it before considering a new short position. How can...
Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If...
Hello Traders, EURAUD is at a key zone where our interest is to Buy the retracement. This retracement could turn out to be a much bigger correction than expected. We are awaiting a clear test of the most recent money zone taken out by the 4H buyers. But currently, there is no clear test. We are expecting the price to rally till the 1.506-1.51 zone before a...
Hello Trades, EURAUD is at a key zone where our interest is to Buy the retracement. This retracement could turn out to be a much bigger correction than expected. Trade 1: Buy the retracement assuming it is ONLY a retracement. Entry for this will be based on our rules (if all rules are met). Trade 2: If the market Zone is broken by buyers, we will add new...