As We Talked in The Previous Analysis: The EURCAD Price Broke A Strong Resistance Level (1.47362 - 1.48818). The Resistance Level Becomes a New Support Level. Currently, The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 1.50420🎯
Going into the end of the year, I believe this is a good trade. we are not at the 61.8 fib retracement and acting weak above the moving averages. First trade small and I will add even on the upside until I have a full position
Here is my latest structure analysis for EURUSD. Resistance 1: 1.0920 - 1.0650 area Resistance 2: 1.1015 - 1.0946 area Support 1: 1.0736 - 1.0775 area Support 2: 1.0658 - 1.0684 area Support 3: 1.0495 - 1.0536 area Support 4: 1.0447 - 1.0468 area Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
The chart you see is the EURUSD but this post isn't just about euro but it will be a key player coming into next yr. It's been a year of CB's but where do we head next? BOE raising rates 3.5%, with the split vote as we head into 2023 expect a large recession going forward as all CB's have raised rates they are hiking a little bit too much and yes they will have...
On November 16, a series of "Seagull" option structures were initiated on the Euro (as shown in the picture). The stated objective of this strategy is to reach $1.06 by January 05, 2024. There is a high likelihood that the creator of this portfolio is not a retail trader.
Here is my latest structure analysis for EURUSD. Resistance 1: 1.0736 - 1.0775 area Resistance 2: 1.0920 - 1.0946 area Support 1: 1.0658 - 1.0684 area Support 2: 1.0495 - 1.0536 area Support 3: 1.0447 - 1.0468 area Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
Hello Traders ! On The Daily Time Frame, The EURCAD Price Broke A Strong Resistance Level (1.47362 - 1.48818). The Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 1.50420🎯
Last month we wrote about the possibility (linked below) about EURUSD continuing to be bullish off the 1.06 handle well today we believe there is some chance we keep going...
Hi Traders ! On The Daily Time Frame, The Euro Price Reached a Resistance Level (1.07566 - 1.07934). -The EURUSD Failed To Create a New Lower Low. Currently, We have a Bullish Scenario : If The Market Breaks The Resistance Level and Closes Above That, We Will See a Huge Bullish Move 📈 ----------- TARGET: 1.08900🎯
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...