Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price traded near resistance level, which coincided with resistance zone, and later entered to wedge. In wedge, EUR bounced from resistance line and declined to $1.0780 points, breaking $1.0860 level. Then EUR tried to rise but failed, making fake...
EUR/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 162.675 Why we like it: There is a pullback support level Stop Loss: 162.361 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Take Profit: 163.464 Why we like it: There is a pullback...
EUR/NZD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.74501 which is a pullback support. Stop loss is at 1.74000 which is a level that sits underneath the 127.2% Fibonacci extension level. Take profit is at 1.75219 which is a pullback resistance that lies underneath the 38.2% Fibonacci retracement...
EURGBP is technically bearish on the 1D timeframe (RSI = 37.174, MACD = 0.000, ADX = 32.150) as it is extending the selling since the December 28th 2023 High near the top of the 1 year Channel Down. For the last 3 days it has failed to cross over the 1D MA50, even though it got too close, and a rejection today can start a bearish wave of minimum -1.78%, much like...
The EURUSD pair hit today the 1D MA50 (blue trend-line) for the first time in almost 1 month (since January 24) and immediately retraced. Will this level provide a full technical rejection? Well at first glance, this is also the top (Lower Highs trend-line) of the nearly 2-month Channel Down. In addition, last time the 1D MA50 was tested (Jan 24) or nearly tested...
Hello Traders ! On The Daily Time Frame, EURJPY Price Broke The Resistance Level (161.210 - 161.910). This Key Level Becomes a New Support Level. So, I Predict a Bullish Move📈. ------- TARGET: 163.410🎯
Hello friends! We are considering a buy deal for the EURUSD currency pair. As confirmation of these arguments and a signal to buy, there will be an upward breakdown of the 1.0890 level. Take profit 1.12 Stop loss 1.07 Time horizon of a trading idea 2-4 weeks
As you can see the price grabbed the previous day's low liquidity and had a bullish reaction. So we can expect the price to go for a higher target. Please pay attention: we need LTF confirmation for entry. 💡Wait for the update! 🗓️21/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
The EUR/USD pair is currently trading at 1.07306, maneuvering near the lower Bollinger Band in a 4-hour time frame, which often suggests the market could be nearing an oversold condition and might anticipate a corrective move towards the mean, represented by the middle Bollinger Band at 1.07511. The RSI at 44 signifies a bearish momentum, yet not strong enough to...
Good day, traders. As we examine the EUR/USD chart, the currency pair is currently navigating the 1.08 level with precision, evidencing minimal movement from the opening. This consolidation reflects a period of equilibrium, with the previous day's trading leaving little in the way of change. The Bollinger Bands indicate a period of compression, often preceding...
hello guys... as I published before: from my point of view, this pair is bearish! why?! you can see the ascending channel broke! the price formed a QM pattern twice! the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too! you can enter half of the position now and another half on the QML(2)! The first target is the...
Hi folks today I'm prepared for you Euro analytics. Some time ago price traded near the resistance level, which coincided with the resistance zone, and later rose to the trend line and then turned around and started to decline. In a short time price declined below the 1.0860 level and a few moments trades below, after which the price backed up to the trend line...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some time ago price made downward impulse from resistance level to $0.8555 level, which coincided with support area. Later GBP started to rise near support line and rose back to $0.8700 level, but then price turned around. After this, price entered to falling...
Hello Traders ! Previously, The EURCHF Formed a Symmetrical Triangle Pattern. Currently, The Price Broke The Higher High (BOS). So, I Expect a Bullish Move 📈 ------------ TARGET: 0.95340🎯
Well, The price had a bullish reaction after touching the daily FVG, so I expect a more bullish move in EURCAD. As the first target, we can define the liquidity pool that formed as an equal high at 1.4573. The price formed the bearish order block, we should study the price in this zone because it is an important supply zone, if the price breaks this zone we can...
The Euro (EUR/USD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.08030 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1.07861 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci...
EURJPY🇪🇺🇯🇵 broke and closed above a key daily horizontal resistance. The growth may continue on the pair. Next resistance - 163.44 ❤️Please, support my work with like, thank you!❤️
EUR/AUD is rising towards a breakout level and could potentially break through this level to climb higher. Buy entry is at 1.65028 which is a potential breakout level. Stop loss is at 1.64420 which is a level that sits under a pullback support. Take profit is at 1.65585 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. ...