EURUSD is in a nice short-term uptrend. I think we could bounce here, otherwise next stop could be 100 pips down. Target is 1.09/1.09200 area
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.79968 which is an overlap support that sits under the 61.8% Fibonacci retracement level. Stop loss is at 1.78600 which is a level that sits under a swing-low support. Take profit is at 1.82605 which is a pullback resistance. High Risk...
EURUSD reached and is getting rejected at the top of Bullish Megaphone pattern. Technically every rejection inside this pattern has seen at least a 0.382 Fibonacci retracement. Trading Plan: 1. Sell on the current market price. 2. Buy either on the MA50 (4h) or after a -1.35% decline is completed. Targets: 1. 1.07980 (the 0.382 Fibonacci retracement level). 2....
The EURUSD pair followed the exact path that we pointed out on our last analysis (see chart below) as it gave a buy opportunity after a pull-back on the 1D MA50 and rebounded aggressively following yesterday's lower than expected U.S. CPI: A new pattern has emerged since, a Bullish Megaphone, with the price hitting yesterday's its top (Higher Highs...
Dear Esteemed TradingView Members, I n the world of financial trading, precision and insight are invaluable assets. In today's dynamic market environment, it's imperative to embrace the right tools that provide clarity amid the ever-shifting tides of economic forces. I n this piece, I delve into the intricate currency trading, focusing on the EUR-USD market....
From our analysis yesterday, we had a strong bias of dual direction on this pair. While the daily and 1 hour charts were saying the markets will be going bearish, the 4-hour was holding a bullish sway. Yesterday, we saw the markets take a strong bullish swing that completely up-turned the bearish bias. We now have a bullish bias on both the 1 hour and 4 hour...
From last week, we saw prices rally all the way up towards the daily zone. This rally was seen as a retracement because, according to our analysis, we had come to see this pair to be in a down trend. With the price entering the zone,we expected an immediate reversal. The market showed some signs of reversal, after which we saw prices go all the way up to spike...
Unfortunately eurusd had gone up to 1.08850 yesterday because of usd weakness, after reviewing chart eurusd probably will go down to 1.07425 again after green trend. Follow To Get More Signals.
The EURUSD pair reacted extremely positively on the lower than expected U.S. CPI, naturally so and crossed over the 1D MA200 for the first time since September 1st. The 1D technical outlook is almost overbought (RSI = 69.156, MACD = 0.004, ADX = 16.674) and even though some relief pullback is to be expected, this rally should complete by the end of the month a...
Hello Traders ! On The Daily Time Frame, The EURCHF Price Reached A Support Level (0.94077 - 0.94400). The Resistance Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.96700🎯
Expecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week. I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too. Tuesday EUR GDP data - could be...
Hi guys, this time i bring you an Euro analysis which isn't directional because i want you to comment your thoughts about where this is going to go, in my own opinion this is bearish at the moment but it could turn into a bullish situation if DXY flips it's H4 OB or bounces down from the Daily OB.
EURUSD is going downtrend this month to 1.05725 level. After testing this level we will take another look and get new signal. Follow To Get Next Signals
Australian Dollar getting stronger against the EURO. I believe that EURAUD may fall from the current price to the 50% level of Fibonacci. Trade at your own risk.
You can see all the important zones and scenario on the chart. If you have a question feel free to ask. Please pay attention we need LTF confirmation to execute the buy position. 💡Wait for the update! 🗓10/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
We've been considering DXY strength across setups on the AUDUSD, NZDUSD, GBPUSD. But what if the DXY does not strengthen, but instead, reverses lower? Moves to the downside on the EURUSD have been held twice at the 1.0660 price level, which coincides with the 38.2% fib retracement level from the longer term. If this support level continues to hold strong, this...
EURUSD is testing a peculiar confluence zone based on 382 fibonacci retracement of the last bullish impulse and a horizontal demand zone. The price formed a doji candle on that on a 4H and as a confirmation - a tiny double bottom on an hourly time frame. I expect a pullback now to 1.0700, 1.0717 ❤️Please, support my work with like, thank you!❤️
EURUSD is trading inside a Bullish Megaphone pattern. The price is on the corrective wave towards the patterns bottom (Rising Support), currently supported by the 4hour MA50. The minimum decline after a top has been -1.37%, which gives a first entry around the 1day MA50. The maximum has been -1.65%, which gives an entry on the 4hour MA200. Essentially we have a...