Gold/EUR
EURUSD is rising on Higher Lows despite the recent rejection on Resistance (1). The price is extremely oversold on the long term time frames and in previous market bottoms it hit immediately the 0.5 Fibonacci level. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.06950 (MA50 1d). Tips: 1. The MACD on the (1d) time frame is past a strong Buy...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.44 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.44 support and resistance area. Trade safe, Joe.
EURUSD - 24h expiry A Fibonacci confluence area is located at 1.0492. Continued upward momentum from 1.0495 resulted in the pair posting net daily gains yesterday. Although the anticipated move higher is corrective, it does offer ample risk/reward today. The medium term bias remains bearish. Further upside is expected and we look to set longs in early trade....
This is my Intraday analysis on EURUSD for 17 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H 1. Bullish Swing Bearish INT 2. As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low. We are at...
The EURUSD pair is on the verge of a medium-term trend shift from bearish to bullish as: 1) Not only did it form the 1st MA50 (blue trend-line) / MA100 (green trend-line) Bullish Cross on the 4H time-frame since July 12 2) But also is about to complete the 3rd rising Bullish Cross on the 4H MACD. Those two can give shape to a Channel Up pattern that will target...
price rejected daily high level 1.67000 creating a double top pattern. price just closed below 1hr order block zone (white box) and is should do some order fills for the 4hr order block (grey boxes). im expecting price to head the the gold box which is the 0.5 0.618 retracement of the daily zone.
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days declined to the 1.0935 resistance level, which coincided with the seller zone and soon it rebounded and tried to rise, but failed and entered to downward channel. in the channel, the price first fell to the support line, thereby breaking the 1.0935...
EURAUD is trading within a horizontal range on an hourly time frame. The price has recently reached a support of the range. I anticipate a bullish movement from that to the resistance of the range. ❤️Please, support my work with like, thank you!❤️
as in the 4H chart of EURUSD there is a FVG above the current price which if the price hit it I think it would be a suitable sell position for EURUSD The target can be lower swing low
This is my Intraday analysis on EURUSD for 16Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H 1. Bullish Swing Bearish INT 2. We are at Swing Discount, Most probably that swing pullback will start once we get a CHoCH 3. Price made a Bullish Swing BOS and we expecting after a break of...
Good morning, Over the weekend, the Dollar Index made an upward move, but it now appears to be reversing its course and heading lower. As for the EUR/USD pair, it seems to have opened in line with the previous Friday's balance, as observed on the TPO chart volume statistics. Our team, the Global Chart Surfers, has been holding short positions since last week....
EUR/USD Weekly Forecast: Bears Dominate Amid US Data and Middle East Tensions The EUR/USD pair experienced a tumultuous week as bears returned with vigor, leading to a decline to around 1.0510. The pair's efforts to recover from early October lows have been thwarted by recent developments favoring the US Dollar. Middle East Tensions and Safe-Haven USD The...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.86300 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86300 support and resistance area. Trade safe, Joe.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area, which coincided with support line and $1.0685 resistance level, and started to rise near support line. But later, Euro started to decline, broke support line, and entered to falling channel, where price fell firstly to...
This is my Weekly analysis on EURUSD for 16-20 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Weekly 1. Swing Bearish Internal Bearish Reached Swing EQ 2. After the iBOS we expect pullback, price tapped into Liq and a demand zone which showed a nice reaction that the pullback of the...
Watching for it to break up higher from here, let's see.It might also sideway or go lower to test the up trendline... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And...
In the previous analysis of this currency pair, we expected the price to rise when the downward trend line was broken that according to the conditions of the dollar index, this currency pair failed to fill the moving step to rise, so we updated the drawn downward trend line And we specified two scenarios for the price movement, according to the movement of the...
The euro is in a 4-hour downward trend and is forming the second lag, and then corrects and continues the downward trend until the target of 1.0350.