In a turn of events, the EUR/USD pair rebounded during the latter half of Thursday's European session, recuperating from its earlier dip to 1.0780, the lowest level since December 13. Closing on a positive note, the pair currently maintains its position above the 1.0880 area as the near-term outlook suggests a bullish trend. The intriguing dynamics in play are...
Hello,Traders! EUR-USD broke out of The narrowing wedge pattern So we are now locally Bullish biased and we Will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Well as you can see, the market structure is bullish now and the price had a deep retracement move to the extreme bullish order block. In addition, we can see the price created the liquidity above the order block that makes the demand zone more valuable. As a bullish target, we can define the liquidity above the equal highs as a first target and also we can...
EURAUD formed a continuous pattern showing that the pair will be bullish for the time, in respect to this I expect a retrace to the 50 Exponential moving average and then buy towards the next four hours high as the take profit zone.
EUR/NZD could fall towards a pullback support and potentially break through this level to drop lower. Sell entry is at 1.76656 which is a potential breakout level. Stop loss is at 1.77160 which is a level that sits above a pullback resistance. Take profit is at 1.75985 which is a swing-low support that aligns close to the 61.8% Fibonacci projection level. ...
EUR/USD: Analyzing the Impact of FOMC Decision and Powell's Remarks The EUR/USD experienced a notable reversal following the Federal Open Market Committee (FOMC) release, as Chairman Jerome Powell's remarks influenced market sentiment. This article delves into the aftermath of the FOMC decision, the Eurozone's recent inflation data, and the upcoming economic...
Due to the apparent formation of a Bullish Cypher on the Daily, combined with the Bullish Push as confirmation on the RSI, and the strong push push in price action above the 200-day SMA, I will be raising my profit target for the EURUSD to the 100% retrace up at $1.114 as the 100% retrace would be the standard target for a Cypher and the TLT has outperformed which...
Hi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from resistance 2, which coincided with the resistance zone, and rose until to 1.1135 points, after which the EUR turned around and started to decline. Soon, the price started to decline inside the downward channel, where it in a short time broke resistance 2 and declined to support...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined from resistance line to support line and then started to move up to $1.1015 level. In a short time, EUR rose to $1.1015 resistance level, which coincided with resistance area and soon broke it. After this, price rose to resistance...
EURUSD is close to a support zone and at the lower end of the descending channel, setting the stage for a potential significant rally, possibly reaching previous highs and nearing the channel's uptrend line.
The EURUSD pair is extending its downtrend within the 1-month Channel Down and basically this is a quick update to our most recent analysis (January 19, see chart below) on the 1D time-frame: Following the Fed Rate Decision yesterday, which left it unchanged at 5.50% and made clear they are in no rush to cut rates, we think it would be helpful to look at the...
EURAUD has recently approached a key horizontal support. After its test, the price broke and closed above a resistance line of a bullish flag pattern on a 4H time frame. We can anticipate a further growth on the pair. Goals: 1.6565 / 1.6607 ❤️Please, support my work with like, thank you!❤️
Same bearish pattern EURUSD formed last week is what is repeating itself this week, after a retest I am expecting a retrace to the 50EMA and the resistance zone and then sell to our 800EMA which is at 1.08330.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a few days ago made an upward impulse from the resistance level, which coincided with the seller zone to the resistance line of the pennant. After this, the price rebounded from the resistance line and started to decline inside the pennant, where in a short...
Last week I put out this TLT trade setup that showcased a Falling Wedge with Bullish Divergence at the 0.382 retrace which targeted an upside move in the TLT that would recover at least 50% of the high: In the time since this setup first formed the TLT has nearly reached that minimum target. In addition to the TLT, I expected the EURUSD to follow a similar path,...
The EUR/USD pair has embarked on the final day of January with a notable bullish impulse, setting the stage for potential market shifts during the London session. Wednesday's Asian session witnessed another test of the crucial 1.08000 support level, marking a strategic entry point. The price action suggests the emergence of a Double Bottom setup, with indicators...
Just as GBPCHF is similar to this, EURCHF is also expected to reach the 50Exponential moving average and is expected to short from there, also note the resistance zone that support this bearish move and the daily and weekly trend that also support this movement.
EURUSD may retrace from a key daily structure support. After its test, the price broke and closed above a resistance line of a falling wedge pattern on a 4H time frame. It feels like the price may bounce ahead of FED rate decision tonight. ❤️Please, support my work with like, thank you!❤️