Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
Here are the important key levels to watch & trade on EURUSD next week. Resistance 1: 1.1017 - 1.1067 area Resistance 2: 1.1129 - 1.1150 area Support 1: 1.0825 - 1.0848 area Support 2: 1.0736 - 1.0775 area Support 3: 1.0655 - 1.0686 area Support 4: 1.0494 - 1.0535 area Support 5: 1.0447 - 1.0467 area Consider these structures for pullback/breakout trading...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few moments ago declined below the 1.0860 support level, which coincided with the buyer zone and started to trades there. After some time Eur rebounded back, broke this level again, and later made a strong upward impulse to the 1.0965 resistance level,...
✅EUR_JPY is going down to retest a horizontal support at 159.500 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 160.700 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURUSD crossed yesterday under the 4H MA50 for the first time in 1 month and naturally turned the 4H technical outlook bearish (RSI = 35.006, MACD = -0.002, ADX = 40.444). Combined with the Bearish Cross on the 1D timeframe, this is a medium term sell signal. This combination has taken place before inside 2023 another two times and on both, the 4H MA200 wasn't...
Daily/4h time frames analysis for EURUSD. Price action & key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it first fell to support area, which is located at $1.0855 level. After this, Euro bounced and made upward impulse to resistance line of channel, which coincided with resistance level. Next, price corrected to support line,...
As I predicted earlier, EURGBP dropped nicely after a key structure breakout. It turned out that the price managed to violate one more support. The pair closed below 0.8650 - 0.8665 area. The broken structure turned into a key resistance. We may anticipate a bearish continuation to 0.8625 ❤️Please, support my work with like, thank you!❤️
EURUSD crossed and closed today under the MA50 (4h) for the first time since November 1st. That is a medium term sell signal as the former Support now turned into Resistance. On the long term the Bullish Megaphone pattern has a considerable downside gap to fill should key Support levels break. Trading Plan: 1. Sell on the first minor bounce near the MA50...
Hello Traders ! On The Daily Time Frame, The EURCHF Reached a Resistance Level. The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Predict a Bearish Move 📉 i'm Waiting for Retest... ----------- TARGET: 0.94820🎯
Hello Traders ! -The EURAUD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! Let's Wait for Retest... ----------- TARGET: 1.64800🎯
Hi folks today I'm prepared for you Euro analytics. A few days ago price rebounded from the support zone, which coincided with support 2, and fell to the trend line. Then price bounced from this line and started to rise. In a short time, the Euro rose to support 2, broke it, and made a retest, after which it rebounded and made a strong impulse to support 1, but...
Hello,Traders! EUR-GBP broke the Rising support line And the breakout is Confirmed so 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!
Hello,Traders! EUR-USD broke the key Horizontal level of 1.095 Then went down to retest It and as we are bullish Biased we will be expecting A bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Today, we will be looking at this pair from the 4 hour perspective. On this timeframe, we have seen the market continue to make higher highs and higher lows over the past 2 weeks. This up trend is expected tocontinue for a little longer. From our analysis, the market is current making 4 PBs to the top side. We expect to see some retracement at this level to bring...
∙ EUR/USD bulls in charge after series of dismal economical data in the US which pushed investors and markets to believe that high inflation and rate hikes cycle are behind ∙ Triple bottom around 1.05 (bullish reversal) ∙ Today price pushed through 61.8% Fibonacci level of the summer decline (bullish) ∙ Buyers are approaching critical resistance levels which...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced from support line, it made strong upward impulse to $1.0830 support level, which coincided with support area. Next, price broke this level and started to trades in flat in support area, where it some time traded and later rose higer. Euro...