The EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4. Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago started to trades in a range, where it firstly rebounded from the support level, which coincided with the buyer zone, and in a short time, it reached the top part of the range. After this, EUR made a correction to the 1.0520 support level,...
I have mentioned 2 entries for Euro_Dollar. One is intra-day short trade and the other is a long trade based on 1H TF. Wait for the price to get inducement in order to execute both entries. Happy Trading
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat. In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout. After this, price made upward...
EUR/USD Faces Headwinds Amid Economic Data, Yet Bulls Remain in Control On Thursday, the EUR/USD encountered headwinds, struggling to maintain levels above 1.1050 as of the current writing. The pushback comes in the wake of economic data releases that failed to provide a significant boost to the euro against the US dollar. US Jobless Claims and Pending Home...
EURUSD is testing a wide daily horizontal demand area. The price is currently ranging on an hourly time frame. A bullish breakout of the resistance of the range - an hourly candle close above 1.1085 - will be your solid bullish confirmation. A bullish continuation will be anticipated at least to 1.1106 level then. If the price drops lower, the setup will...
As We Talked in The Previous Analysis: The EURUSD Price Reached A Resistance Level (1.10652 - 1.09952). Currently, This Resistance Level Has Been Broken and Has Become a new Support Level.. So, I Predict a Bullish Move 📈. TARGET: 1.12200🎯
EURUSD is about to turn neutral again on its 4H technical outlook (RSI = 55.947, MACD = 0.003, ADX = 54.703) as the uptrend got rejected today near the top of the two month Channel Up. As the 1D RSI is forming the same Bearish Divergence as the November 28th HH, we turn to selling again as this is technically the Bearish Wave of the Channel Up. The previous HL...
Hello Traders ! On Tuesday 28 Nov, The EURUSD Price Reached A Resistance Level (1.10652 - 1.09952) Currently We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move📈 TARGET: 1.12200🎯 Bearish Scenario📉 If The Market Breaks The Support Line and Closes Below That We Will See a Bearish...
The EURUSD pair easily hit our 1.10500 target, which we set on the previous analysis (see chart below) on December 19: We now shift back again to the 1D time-frame where the 1D RSI is about to hit the 70.00 level and turn overbought, while the price being near the top of the 3-month Channel Up. As you can see, similar Channel Up patterns have existed since...
EUR/USD Eyes 1.1200: Technical Momentum Fueled by Dovish Fed Expectations In a striking ascent, the EUR/USD pair is surging towards the major resistance at the 1.1150 level, signaling a bullish momentum that aims to breach the psychological threshold of 1.1200. The Euro (EUR) maintains its winning streak, gaining ground against the subdued US Dollar (USD). This...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.62699 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.63350 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.62571 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 1.63207 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci...
✅EUR_AUD broke out of Narrowing wedge pattern And the breakout is confirmed So I think that after the Pullback and retest I will Be expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EUR/USD Pauses in Holiday Hush: Technical Analysis Points to Bullish Continuation As the last week of 2023 unfolds, the EUR/USD pair finds itself meandering within a narrow range during the early European session on Wednesday. The subdued market activity is characteristic of the holiday season, contributing to a quiet trading session. Currently hovering near...
Hi folks today I'm prepared for you Euro analytics. If we look, at the chart, we can see how the price a few days traded near support 2, which coincided with the support zone. But also, EUR fell below this level and last time it around and rose higher than support 2, breaking this level again. Next, the price made a correction to this level and later made an...
Soon as it reaches the W area again i expect a drop to grab more liquidity so once again it can go up to 1.74
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a few moments ago rebounded from the 1.0660 support level, which is located in the buyer zone, and fell to the support line of the upward channel, but soon it rolled back. Then price rose higher than the 1.0660 level, breaking it and made correction to the...