Economic Challenges of the EU Region: The primary concern for the EUR is the unfavorable combination of growth and inflation in the EU region. Disappointing activity data in the region is a persistent trend, which is even more striking given the persistent downgrade of eurozone growth expectations. Pessimistic target: Based on cited concerns, HSBC is bearish on...
We saw another rejection from a long standing descending dynamic trendline on Friday, I'm expecting a fall from here back down to support around 1.4275. Will be closely watching action around the 1.435 mark, but overall we're printing HH's and HL's on the higher timeframes (although still within a range), let's see what happens but I think we're definitely headed...
It is time for the euro to return to its real prices, and we have just entered into this trade for a long time, and I guess it will reach the target in the next 15, 20 days.
The EURJPY pair is on its 1D MA50 (blue trend-line), trading within a Channel Up since the June 28 High. It appears that smaller Megaphones within the Channel are the patterns that tend to lead the pair to its new Higher Low, that technically reaches as low as the 0.618 Fibonacci retracement level. That is our short target (156.500) but sell as high on the next...
The EURUSD pair hit both of our targets on the latest bullish signal (see chart below) we gave on October 16, as it completed a technical Higher High on October's Channel Up: The price is now staging the new bullish leg as it established the new Higher Low on the Channel Up. Even though the recent Higher High was rejected on the 1D MA50 (red trend-line),...
EURUSD is trading in a long-term bearish trend. After the price set a new lower low at the beginning of October, the market started a correctional movement within a bearish flag pattern. Closely monitor a support of the flag next week, its violation - a daily candle close below, will be a strong bearish signal. A bearish continuation will be anticipated then...
Multiple time frame analysis for EURUSD. Daily/4h/1h outlook. Price action & important key levels. Bullish bias explained. ❤️Please, support this video with like and comment!❤️
EURNZD formed a tiny double top pattern, approaching a solid horizontal resistance. I expect a pullback from the underlined zone ahead of ECB press conference and rate decision. Goals: 1.815 / 1.808 ❤️Please, support my work with like, thank you!❤️
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Hello Traders ! On The Daily Time Frame, The EURJPY Price Reached a Resistance Level (159.761 - 159.324). Currently, The Price Formed an Ascending Channel. We Have a Bearish Scenario 📉 If The Market Breaks The Support Line and Closes Below That, I Will Sell On Retest... TARGET: 31950.0🎯
EURUSD seems to have broken a channel and made a pullback. The EMA50 has just gone under the EMA200 and we seem to be rejecting the 200 aswell, this would signify potentially the start of a downwards move, over next week we can see if this develops further. I Have attached another post which is more on the daily timeframe of EU.
We are currently seeing some bullishness on this pair with regards to the 1-hour timeframe. We have marked out our zone, as we would expect the market to retrace before moving further to create higher highs. We have the market on the 1 hour timeframe currently making a Bullish PB, and we have done a bit of trade setup, looking and waiting to catch the longs trade...
As promised, we are here with the 4-hour chart analysis. If you have been following our analysis for a while, it would be absolutely clear to you from our charts that we are in a 4-hour bearish swing. The harmet is heading for the daily liquidity target below. We are currently experiencing a bullish retracement on the 4-hour. This is necessary as the market never...
Hello Traders ! The EURCAD Price Broke a Daily Resistance Level (1.45161 - 1.44648) Currently, -This Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 1.46220🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURUSD was rejected on the 1D MA50 and turned into a sell that hit our target and the bottom of the Channel Up. Now that 1D is neutral again technically (RSI = 48.387, MACD = -0.002, ADX = 24.654) and the 4H MACD formed a new Bullish Cross (every Channel Up bottom has been formed on one) we can buy again and aim for another +1.85% rise (TP = 1.07150). A crossing...
We have seen this pair progress Bearish over the past few days. On the 4 hour and the 1 hour charts, which would be our primary focus for this analysis, the market has been Bearish. But today we have seen a trend shift on the 1 hour. the 1 hour chart has turned Bullish today. Taking a close look at the 4 hour (using the multi time frame analysis taught by Panzy...
EURUSD is falling towards a pullback support and could potentially break below this level to drop towards our take profit target. The bearish catalyst for the breakout could be the PCE Price Index that will be released today, 27th Oct, at 12:30 pm GMT. Entry: 1.05230 Why we like it: There is a pullback support level Stop Loss: 1.05682 Why we like it: There is an...
The EURGBP pair has been trading within a 2-month Channel Up pattern, with the current bullish leg rebounding on the 1D MA50 (blue trend-line) and even recently establishing the 1D MA200 (orange trend-line) as the latest Support. With the 1D MACD on a Bullish Cross since the 1D MA200 break-out, we expect the rally to continue until 0.8000, which represents a new...