FX:EURUSD has mitigated its daily OB and made a 4H BoS to the upside, and the next major daily level & OB is 200 pips away.
Dear Traders: Before looking for a buy order on EURUSD, we'll wait for the pair to successfully overcome and retest the 1.0860 resistance. The area about 1.0940 will be the take-profit area. Remember Lack of a bullish confirmation Enter not
After CHOC the price is Retesting the range of supply zone present at 1.05700 , i expect accumulation here and process will go up towards my Target
Check out the explanation for this chart in the video linked below. The expected risk\reward ratio at a minimum is 18:1 Entry: 1.09297. Stop: 1.08518. Target: 1.23436. Things that invalidate this idea include: Price breaking support before the entry level is reached or if entry is reached and price reverts and breaks support. Remember to use Disciplined...
Today (24/01/2023) we saw E/U retrace ~70% of yesterday's range with a large institutional sponsored move to the upside during the London close. Looking at daily objectives for this pair, they have not yet been met so I expect bullish E/U. We may see swing to the upside during London Open to take Asia highs then a drop retracing ~70% of yesterday's low before...
Using the conclusions from all of the analysis from the past week, it's time to understand what is happening at the smaller degree. I have been wanting to post a Euro idea so badly in recent times, but I felt like I couldn't do it justice until now. So here we are, and I have a really in-depth video about what the waves are doing here. I have carefully sifted...
Potential outcomes for this pair. I'm looking for the sell, these are the price reactions I'm looking for in order to enter the sell (red) or buy (green).
🟢 EUR-USD TF: 1D Side: Long Pattern: Falling Wedge Leverage: 5x Entry: Between $0.97974 and $0.99063 SL: $0.97974 TP 1: $1.00816 TP 2: $1.02164 TP 3: $1.03253 TP 4: $1.04342 I think this down trend will come to an end soon. 4H has double bottomed and monthly giving buy signal.
Market is waiting for PCE data for his next decision. I think Euro will rise again versus dollar to reach to upper line of his channel. Trade safe. Good luck.
2 scenarios for the EURUSD. 1st scenario, with a 60% probability, decline to the channel support line in the price range of 1.01930. Entry around 1.01930, with the first target of 1.02450 and the 2nd target of 1.02785. In the 2nd scenario, upward movement with high acceleration, The first target is 1.02785 and the second target is monthly resistance at 1.03850 Goodluck
EURUSD break under broad channel and now it is support by bottom line after back to channel. It has chance to goes high a little to touch top line of the channel. Trade safe guys. Have a good weekend.
Euro is going up in future days .The trend try to up and after we arrived our target we can expect a reverse.
Time to long EURUSD again. I think US data will weak DXY and EURO will fly today.
EURUSD finally broke the falling wedge and it has 75 percent chance to goes up. So, the risk reward is logical to enter to this position.
Hello Traders, Model eyes the targets defined on the chart. The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the...
EURUSD (long-term) €vs$ There’s a downward double zigzag, which is supposed to be wave (2). Previously, we have a massive advance in wave (1). In this case, we might be at the early stages of wave (3) of ((C)), as shown on the weekly chart above.
This is post 10 on the Eurodollar and the effect on the market. This is a monumental event. The eurodollar is the largest and most important market that one can understand to begin to make conclusions on all other markets. When it moves sideways then it is basically a "new normal" and things can move as we think they should when it comes to inflation, interest...