EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85450 which is a pullback resistance. Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85049 which is a swing-low support. High Risk...
EUR/USD:A Resilient Recovery Amidst Economic Data and Market Sentiment Shifts The EUR/USD pair demonstrated a commendable recovery, reclaiming lost ground on Monday as an improved market sentiment put pressure on the US Dollar. This resurgence was marked by a significant rejection at the 1.08000 level, coinciding with the 78.6% and 88.60% Fibonacci levels,...
Hello Traders ! On The Daily Time Frame, The EURCAD Price Created a Rectangle Pattern. The Support Level is Broken. So, I Predict a Bearish Move📉 ----------- TARGET: 1.43650🎯
EUR/USD Faces Pressure Amidst ECB Remarks and FOMC Anticipation EUR/USD experienced a decline on the last Monday of the month, closing near the psychological level of 1.08000. The downward pressure was influenced by remarks from the European Central Bank (ECB) and the looming Federal Open Market Committee (FOMC) meeting. The breach of the dynamic trendline and a...
Eur/usd has been folowing a bullish trend channel. Last week it managed to break the channel and retested the channel multiple times. Priceaction confirmes a bearish flag pattern. Wich gives us more reasson a posible fall will come. level 1.0828 is currently support for eur/usd. We can either see a direct fall from 1.0883 or a small bullish pullback to 1.09237...
Hi folks today I'm prepared for you Euro analytics. Some time ago price started to trades in consolidation, where EUR declined firstly to the resistance level, which coincided with the resistance zone with the bottom part. Then the price bounced from this level and rose to the trend line, which coincided with the top part of the consolidation and then started to...
Hello,Traders! EUR-GBP is making a Pullback from the horizontal Resistance of 0.8590 And I think that we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The ECB left its monetary policy unchanged, in line with expectations. The information available since the December meeting has largely confirmed the central bank’s assessment of the medium-term inflation outlook, leaving the Governing Council (GC) in a wait-and-see mode. ECB President Lagarde confirmed her Davos comments, hence indicating that she still expects...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago rebounded from the resistance level, which coincided with the seller zone and declined until to 1.0725 points, thereby breaking the support level. But soon, the price turned around and made a strong upward impulse to the seller zone, breaking...
🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢. 🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming...
In the aftermath of Thursday's significant market downturn, the EUR/USD pair is presenting a potential buying opportunity within the range of 1.08200 to 1.08300. As traders assess the recent market dynamics, Friday's trading session holds a unique position for those seeking strategic entry points. Thursday's sharp decline may have been influenced by a variety of...
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 traded between $1.0950 resistance level, which coincided with resistance area. After this, Euro little rise, after which it started to decline in falling channel, where soon price broke $1.0950 level. Then price declined to support...
🏃 EURUSD is moving in the 🔴 Resistance zone($1.0910-$1.0880) 🔴 and near the Downtrend line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 4 at the 🔴 Resistance zone($1.0910-$1.0880) 🔴. 🔔I expect EURUSD to continue to Decline at least to the 🟢 Support zone($1.0800-$1.0756)...
Let me show you how I read market structure. I'll walk you through the analysis, and I will welcome your feedback. I look forward to hearing from you! May profits be upon you.
EURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting...
EUR/AUD could fall towards a pullback support and potentially bounce higher towards our take-profit target. Entry: 1.64916 Why we like it: There is a pullback support level Stop Loss: 1.64530 Why we like it: There is a pullback support that lies under the 38.2% Fibonacci retracement level Take Profit: 1.66170 Why we like it: There is a pullback resistance...
Hi Traders ! The EURUSD Formed a Falling Wedge Pattern. The Resistance Line is Broken. So, I Expect a Bullish Move📈 ------------ TARGET: 1.09695🎯
Foreign markets have made some headlines in recent months. The German Dax and French CAC 40 hit record levels toward the end of 2023. Those indexes are generally priced in local currency, and a rising dollar in 2023 led to relative underperformance among US-traded ETFs. The US Dollar Index (DXY) has consolidated around the key 104 level lately. Amid this FX...