Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to trades inside the downward channel, where it at once rebounded from the support line and then started to decline. In a short time price fell to the resistance level, which coincided with the seller zone, some time traded near and then...
The EURUSD pair gave us an excellent pull-back buy entry last week (April 30, see chart below) and has almost reached our 1.08300 Target, which was the 0.618 Fibonacci retracement level: We now turn bearish as not only is the price near the 0.618 Fib but also hit on Friday and gor rejected on the 1D MA50 (blue trend-line)/ 1D MA200 (orange trend-line)...
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . On Friday 3 May, The Price Has Pulled Back to The Resistance Line. So, Let's Expect The Bearish Scenario : if The Price Breaks The Support Line and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
The Euro (EUR/USD) could rise towards an overlap resistance and potentially reverse off this level to drop lower. Sell entry is at 1.0809 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 1.0895 which is a level that sits above the swing-high resistance. Take profit is at 1.0740 which is a pullback...
As we approach the FOMC meeting later today, there is anticipation of a potential bullish movement of the EUR against the USD, accompanied by a retest of the 50% Fibonacci level on the short timeframe and an uptick in value. Indicators suggest oversold conditions. Regarding the Federal Reserve, it is expected to maintain a hawkish stance, acknowledging persistent...
I will look all the yen pair based on my analysis on usdjpy. As USD/JPY has higher interest differential compared to eur/jpy ,so it would follow similar pattern. this is the usd/jpy analysis So I think there is an opportunity to get into the countertrend setup to the level of resistance before we analyze for short!! Follow me for another Setup
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price started to decline inside falling channel, where it soon broke $1.0870 level. Price tried to back up, but failed and continued to decline to support line of falling channel. Then price bounced up to almost resistance level, thereby...
Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯
Hey guys! Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target. If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a not long time ago rebounded from support 2, which coincided with the support zone and declined to almsot trend line, and then it started to grow inside the upward channel. Inside the channel, EUR soon broke support 2 and rose almost to the resistance line of the...
The Euro (EUR/USD) is trading clsoe to the pivot and could potentially stall around this region before reversing to drop towards the 1st support. Pivot: 1.0740 1st Support: 1.0655 1st Resistance: 1.0776 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
EURUSD may retrace from a wide intraday horizontal resistance cluster. I already see some sings of weakness of sellers: double top formation on an hourly time frame and multiple rejections. I think that the pair may reach 1.0705 level today. ❤️Please, support my work with like, thank you!❤️
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Based on previous post i talked about how eurusd has broken. the head and shoulder neckline and price is now retresting the neckline has resistance, still the interest rate is neutral which mean dollar will gain liquidity cause of the interest rate differential so we see price respecting the 31.8% fib level which is also in confluence with the POC level of...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago started to move up inside an upward channel, where it at once rebounded from the support level, which coincided with the buyer zone and made a downward movement. Euro a little more time traded between the 1.0650 level and later finally...
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . At The Moment, The Price Has Pulled Back to This Key Level Which Has Become The resistance Level. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Higher Low (1.06780 - 1.07245). We Will See a Bearish Move📉 TARGET: 1.05755🎯
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
Multiple time frames analysis for EURUSD. Price action & important key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️