UR/USD Hovers at 1.0600 as Mixed Sentiments Prevail EUR/USD is navigating mixed sentiments against the US Dollar (USD) on Wednesday, hovering around the 1.0600 level. The day kicked off with European stocks posting slight losses, which has led to a somewhat indecisive performance of the Euro. The USD Index (DXY), a gauge of the USD's strength against a basket...
Hello,Traders! EUR-GPB broke out of The falling channel and the Pair is now retesting the Broken resistance which Is now a support from Where I will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_AUD went up and broke The key horizontal resistance Of 1.664 which is now a Support and a retest of which Is expected, from where we Are likely to see further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CHF broke the key Horizontal level and the Breakout is confirmed So I will be expecting A move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
So,I mentioned before I am going long on dollar because of many economic indicators suggests long. We got CPI not easing and it is bullish for dxy We got NFP also showing strength of labor market Last FOMC minutes report also says high interest rates might be possible for longer time
The EURHUF pair is on a peculiar Ascending Triangle pattern, currently supported by the 1D MA50 (blue trend-line) near the Higher Lows. The 1D RSI is on a Higher Lows trend-line of its own and as long as those hold, we are bullish, targeting 394.6500 (Resistance 1). If a 1D candle breaks and closes below the 1D MA50, we will take the small loss and open a sell...
EUR/NZD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.76832 which is an overlap resistance that is also bounded by the descending trendline. Stop loss is at 1.78285 which is a pullback resistance level. Take profit is at 1.75072 which is a swing-low support level. High Risk Investment...
The Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.06500 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.07760 which is a level that lies above an overlap resistance that aligns with the 38.2% Fibonacci retracement...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.66180 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.66960 which is a level that aligns with the 50.0% Fibonacci retracement level and sits above a pullback resistance. Take...
after the core inflation news today and Dollar strength, after such a big downwards move going to wait for a pull back.
EURCHF is trading inside a Channel Down since January and recently priced the latest Lower High. We approach Support (1) which is a level that has held since July 27th. Trading Plan: 1. Buy as long as a (1d) candle doesn't close under Support (1). 2. Sell if it closes under it. Targets: 1. 0.96500 (top of Channel Down). 2. 0.93800 (-3.30% decline from the top,...
EUR/USD Holds Steady, Awaits US CPI Data The EUR/USD pair maintained a relatively stable stance during the Asian session on Thursday, hovering around the 1.0620-1.0625 region. While the euro saw some buying interest, the pair lacked strong conviction for a robust move. The hesitance in the market can be attributed to the uncertainty surrounding the Federal...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price started to decline in a downward channel, broke the 1.0615 level, and fell until to 1.0505 level, and also soon broke this level too and delcine lower to the buyer zone. But soon price made an upward impulse from this zone to the resistance level, which...
Stay prepared for the next downward leg. EURUSD recently experienced a significant pullback to the resistance zone, and it's quite possible for this currency pair to undergo a notable decline, driven by the prevailing selling pressure.
EURUSD is up almost +1.80% since the October 3rd low and the 1D technical outlook switched back to a neutral state (RSI = 48.454, MACD = -0.004, ADX = 28.741). The 1D MACD is after a Bullish Cross and that's typical of the last two market Lows turned into bullish reversals. To be more precise, both of those patterns formed W-reversals before testing the 1D MA50....
EURUSD is going to test 1.04250 after ending current uptrend, 1.06500 level is strong resistance, Probably price will reflect from this level to 1.04250. Watch photo to see possible moves. FOLLOW TO GET NEXT SIGNAL
Price moved a lot higher to fill the overnight gap down. My idea yesterday became invalid but this gives me a better entry: Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
Hello Traders! The EURGBP Price Reached a Daily Resistance Level (0.87014 - 0.86951) Currently, The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 0.86190🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!