Gold/EUR
I expect a retest of the parallel channel, a 2% decline, and very powerful events at the end of September that can affect the price, both positively and negatively. False takeaways can also be expected, so be careful with that. Winter is coming, and Europe will have a hard time with tariffs as usual.
EURUSD has reversed from the HOP level of a Bearish Alternate Bat after having earlier went beyond the standard PCZ, and now the EURUSD is back below the PCZ and breaking down on a much more significant timeframe both in terms of Price Action and PPO. I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets...
EURCAD is trading in a strong bearish trend. After the price set a new lower low lower close on a daily, it retraced to a key daily horizontal resistance. To short the pair with a confirmation, monitor a head and shoulders pattern on 1H t.f. Its neckline breakout - hourly candle close below 1.422 will confirm the strength of the sellers. A bearish...
Hey Traders, in today'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.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.42900 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.42900 support and resistance area. Trade safe, Joe.
Fundamentals out of the Eurozone last week were not good, in particular the data coming out of France. NZD is looking strong against all crosses at the moment. From a technical perspective this cross has broken out of its channel to the downside, and now broken the ascending trendline on the weekly and looks to have retested it. All things suggest to me that...
Hello trader, While we expect a correction and short-term traders could earn money using the potential upward move we believe trend is still bearish. There is one entry and 1 TPs for this pair. But you can hold some positions more. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Sell EURUSD Bearish Flag EURUSD - M30 Chart -Bearish Flag Formation Its good chance to sell today. Thank you
We can see that EURCAD has been on a downtrend since the last week of August. With Oil prices rising I think the fundamentals for the Canadian Dollar continue to look good, the EURO on the other hand doesn't have much going for it. I have noted a break through support and looking for a short any time soon, there's minor support at 1.402 which will be my target,...
The EURAUD pair is close to hitting the Target we set a month ago (see chart below) on the bottom (Higher Lows trend-line) of the Channel Up pattern since mid-September 2022: Since the 1D MA100 (green trend-line) has held as Support for 9 straight sessions, the market may consider it as the new bottom. It would be best to take the good profit made throughout...
EURUSD continues the downside move and we’re now below 1,0500. The next support levels are 1,0477 and 1,0423. The current levels aren’t good enough for another sells due to lack of a good ratio. Two days left until the end of the quarter and bigger fluctuations are possible.
SLO @ 1.1235 ⏳ TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BLO1 @ 1.0635 📈 BLO2 @ 1.0550 ⏳ 1️⃣ PA is currently pulling back from our BLO1 2️⃣ PA is currently within a Resistance Range (3D) 3️⃣ If it respects the Resistance Range, I'm anticipating PA will continue the DT down to our BLO2 @ 1.0555
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURNZD has been overall bullish trading inside the rising wedge pattern in red and it is currently approaching the lower bound / red trendline. Moreover, the zone 1.77 is a strong support. 🏹 So the highlighted red circle is a strong area to look for trend-following buy...
After price has been gaining bearish momentum, it formed liquidity to target at the bottom. It has now taken liquidity at the to and tapped into a previously established OB that it could use to change direction and continue its expansion downwards.
EURUSD is inside a Double Channel Down pattern, trading at the moment on the twin bottom. Being under both the MA50 and MA200 (1h), the price action is identical to the earlier stage of the Channel Down (August 10th-25th). Trading Plan: 1. Buy on the current market price but don't hold if the price crosses under the dotted bottom line. Targets: 1. 1.07365 which...
The EURUSD chart in the weekly time frame seems to show a diametrical pattern, which is currently completing wave (E). Considering that the wave (E) itself is a diametrical one, probably more time should be passed before the movement of the wave (F) starts. If the price crosses the resistance of 1.24369, the analysis is no longer valid
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06150 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.06150 support and resistance area. Trade safe, Joe.
Hello traders, EURJPY may be followed by a consolidation, Shorter term traders could take long and short trades at bottom and top of the range, respectively. We will trade after breaks of the range! SO WAIT FOR UPDATES!