Preferred direction: BUY Comment: Buy-priority for the currency pair is maintained. Today there was an attempt to break up, but limit orders held back buyers, and most likely, the next attempt to go up should be expected on Friday. In the worst case, growth is expected at the beginning of next week. Thank you for like and share your views!
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and took liquidity below equal lows. Fundamental news: Tomorrow will be released yearly CPI on GBP. News with impact on...
EURGBP / 4H Hello traders, welcome back to another market breakdown. EURGBP pair has been trading in a Bearish trend withing a larger trading range, the price is showing evidence of pull-back mode so far. Therefor, better wait for more confirmation if you don't know the invalidation level. Trade safely, Trader Leo
Preferred direction: SELL Comment: The weakening dollar plays in favour of the yen, which is right at key levels. Here we are seeing a deeper upward correction in favor of the dollar after yesterday’s impressive momentum. However, most likely this fuse on the part of buyers will be extinguished and the price will go down again. We highlight two scenarios for...
Preferred direction: BUY Comment: The euro is increasingly strengthening the foundation of the upward trend, which we can already talk about. The bullish potential remains despite the already impressive growth. Here, in the very near future, the price will most likely retest the resistance area around the level of 1.09000. Thank you for like and share your views!
💬 Description: Resistance level 1.22716 still keeps the GBPUSD currency pair from growing. The previously published medium-term trading idea for the pound reached its main goal at the level of 1.21166 , another part of the trade was closed at the level with a partial profit. However, as we see, buyers managed to restore the price again towards the main...
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
Preferred direction: BUY Comment: For the Canadian dollar, as part of the general strengthening of the US dollar, we also expect a strengthening of the American currency. Here oil can come to the aid of the Canadian, which is expected to slightly recover in price. However, the local target is still located above the current price, behind the local highs. ...
💬 Description: The situation with the euro still forces us to take a closer look at sales. In the medium term, we are most likely to see a decline. Before this, one can take a closer look at long, but not above the level of 1.07000 . The most conservative thing to do is to place your take profits below this level. After which, as was said, a deep drop is...
Price could fall to our buy entry at 0.8688, which is a pullback support level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.8669, which is beyond the 78.6% fibo retracement. Take profit is at 0.8719, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Hello guys Everything was shown on chart and it dont need any more explain, if you have any question send us your question or ... Good Luck
Preferred direction: SELL Comment: A more encouraging situation is developing for gold. However, here, too, there is most likely still a fall to come. The area 1900 - 1920 is a good support, where the price will at least be stopped, and most likely it will be from there that the upward rollback will begin. Thank you for like and share your views!
Preferred direction: SELL Comment: This week's targets for the pound are also below the current market price. The pound, like the euro, even more so from the point of view of volumetric analysis, is conducive to sales. The first target remains at the level of 1.22000, which we indicated in the previous idea for this currency pair. A more global target is...
Preferred direction: SELL Comment: A new week and the US dollar continues its advance. A resolution of events regarding the euro is expected in the near future. Here, first of all, a fall to the level of 1.06318 is expected, after which the downside potential lies at the level of 1.05700. Thank you for like and share your views!
Head & Shoulders PATTERN!!! Enter SHORT in EUR/GBP. Please do not forget to tip me after you close your position!!! Thanks in advance. #EURGBP #forextrader #forexsignals #forexprofit
In the fall of 2023, bullish sentiment developed in the EUR/GBP market: since September 1, the rate has risen by more than 2%, price dynamics have formed an ascending channel (shown in blue). Moreover, on Friday, the price reached its highest in approximately 6 months. Growth drivers, among other things, are news related to the policies of the Bank of England and...
Here is my analysis for EURGBP on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!