Hi folks today I'm prepared for you Euro analytics. A short time ago price declined to the 1.0920 resistance level, which is located inside the resistance zone, but at once rebounded up and a few moments later it reached the trend line. After this, the Euro started to decline near this line until to 1.0805 support level, which coincided with the support zone,...
EURCAD is trading within a wide horizontal trading range on a daily. The price tested its upper boundary yesterday. We see a strong bearish reaction to that. Pay attention to the support of the range - the underlined green area. If bears manage to close below that, it will be a strong bearish signal. A bearish continuation will be expected to 1.4512 then. ...
GBP/EURO – Maximising Your Euro Holdings This chart could be used for perpetual swaps or could be of value to those looking to maximise their Euro holdings by positioning them temporarily into Great British Pounds. The RSI and Parallel channel have been brilliant indicators of when to long and short the Great British Pound ("GBP") in Euro. The 200 week SMA...
Hello Traders Investors And Community, Welcome to this analysis about EURUSD, we are looking at the weekly timeframe perspectives. The pair recently already showed up with initial bearish volatility on the local perspective that should not be underestimated. Besides that as I discovered now EURUSD on the more global weekly timeframe perspectives has established...
Hey traders, I am seeing strong poi just in 15 sec and however, in 1 min and 5 min we clearly see ChoCh, So we expect a bearish move to buttom of the spike move, so as soon we can we make this trade risk free, As I am writing price is just moving so missed to share entry with you, comment me bellow if you have any question, @FxShzd
The EURAUD pair is trading within a Channel Up pattern since mid-September 2022 and appears to have priced the new Higher High as the 1D RSI replicated the top pattern of the previous Higher Highs. We are still early in the technical pull-back that should be priced below the 1D MA100 (green trend-line) at a minimum of -4.55% from the High. As a result our target...
See the three touches on the upper trend line. If this line holds, the DX price could move down to the 98 area. Also the RSI (10) is overbought. Such a chart could be used to short the DX, or to go long the EUR/USD and the precious metals such as gold, silver, platinum. If I were to trade the DX short, I would place an extra big stop loss, maybe at 103.90 or at...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few time ago declined to the current 1.0840 resistance level, which coincides with the resistance area, and at once bounced up to the resistance line. Then Euro started to decline near this line and in a short time fell back to the 1.0840 level. But soon...
Focusing on the return towards the weekly support at this point. There is a clear rejection from here so I will look to short from this zone.
The EURUSD pair finally hit the 1D MA200 (orange trend-line) for the first time in 9 months (since November 30 2022). That is a direct hit at the bottom (Higher Lows trend-line) of the 2023 Channel Up, which is so far holding. Perhaps the strongest buy signal that we could see also emerged, as the 1D RSI hit the 33.00 Support, which formed the bottoms of May 31...
Observe the current Forex analysis for EURUSD, focusing on the return towards the weekly resistance point at 1.0833. Let's closely monitor the price dynamics of EURUSD on both the daily and 15-minute charts. The price has experienced a rally, bringing it closer to the significant weekly resistance point at 1.0833. This level, ranging from 1.0833 to 1.0841,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 After price declined to $1.1040 resistance level, which coincided with resistance area, it at once bounced up to $1.1150 point. But then price made downward impulse to support line, thereby breaking $1.1040 level and entering to flat. In flat Euro tried to rise,...
What we see on the EU is quite clear, So we expect price to have bearish move in higher time-frame, in lower time frame we can collect some orders just above then we start out bearish move, I do not believe we break 1.08464, This week is challenging week for EU as we have different data coming in euro-zone, SO you have to be careful of the data and you...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago declined to resistance 2, which coincides with the resistance zone, and at once bounced and tried to rise. But it failed and then the Euro declined lower 1.1045 level, thereby breaking it and some time trading below. Later price rose to resistance 2...
Here is my latest structure analysis for EURUSD. Resistance 1: 1.083 - 1.085 area Resistance 2: 1.089 - 1.095 area Resistance 3: 1.101 - 1.106 area Resistance 4: 1.112 - 1.115 area Resistance 5: 1.124 - 1.127 area Support 1: 1.063 - 1.069 Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
- i am not an expert in Forex but what i see with Euro is very bad. The euro was launched on January 1, 1999, when it was worth $1.19, but then began a long slide, falling through the $1 mark in February 2000 and hitting a record low of 82.30 cents in October 2000. - Remember this is just a TA. i don't dyor on news and FA on Forex. - That said the main trend...
• Technical long term picture for the Euro/Dollar pair is a bit mixed at the moment and at a critical area • The yearly rally from 0.95 to almost 1.13 represents the 61.8% retracement level of the 2021 decline from 1.22 to 0.95 • The above statement gets us wondering whether the 2022-2023 rally is a trend reversal and bullish trend or just a correction of the...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a few time ago declined to the support line, which coincided with the resistance area and 1.0860 level. But soon it started to rise near this line and later even made an upward impulse to the 1.1140 resistance level, which coincide with the seller zone. But...