Hello Traders EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024". FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement. Right now the price has broken the upward channel and made a pullback on it. So we believe the price will reach lower levels. Our technical view has been shown...
🏃 EURUSD is moving near 🔴 Heavy Resistance zone($1.1185-$1.0980) 🔴and Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡. 🌊According to the theory of Elliott waves , EURUSD seems to have succeeded in completing the corrective Zigzag(ABC/5-3-5) inside the Ascending Channel . 🔔I expect EURUSD to move towards the 🟢 Support zone($1.0920-$1.0870) 🟢after...
With the beginning of the new week expecting dollar to retrace higher for a while . expecting eurusd to fall and target a short term liquidity created on NFP day , a low hanging fruit which can be targette after a long consolidating day in morning.
EUR/USD buyers took a break last week, leaving the weakened US Dollar some room to marginally advance. The EUR/USD pair was down from its Monday opening at 1.0938 and settled at around 1.0890.
The continuation of the upside momentum in the US Dollar kept EUR/USD depressed and prompted it to challenge the area of the key 200-day SMA prior to the key FOMC gathering on March 20.
Hello traders, we want to check the EURUSD chart. The price is moving in a downward channel. If the price pulls back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to 1.08400. Good luck.
HELLO TRADERS As I can see EURUSD is not trading near a strong resistance level, and it is expected to drop till design levels friends it's just a trade idea has look on other trade ideas this week why we are selling share Ur thoughts with us it helps many. Stay Tuned For more updates!!!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
All my opinions are mentioned in my trading road map. If the price is unable to touch 1.09324 this analysis will canceled and the next scenario will be updated.
EUR/USD broke below the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-hour chart dropped below 40, highlighting a buildup of bearish pressure. On the downside, a strong support area seems to have formed at 1.0870-1.0860, where the 100-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the...
EUR/USD came within a touching distance of 1.0900 in the early American session on Tuesday but managed to erase its daily losses. The pair fluctuates in a tight channel below 1.0950 in the early European session on Wednesday. The data from the US showed on Tuesday that annual inflation, as measured by the change in the Consumer Price Index (CPI), ticked up to...
EUR/USD is oscillating in a narrow band above 1.0900 in the European morning on Wednesday. The US Dollar struggles to extend the rebound inspired by hot US CPI data, underpinning the pair ahead of mid-tier EU data and ECB-speak.
The EUR/USD pair surged to 1.0981, its highest in almost two months, on Friday, ending the week at around 1.0950. Demand for the US Dollar remained subdued, which should have helped the pair run further, but discouraging European news limited Euro gains. By the end of the week, the shared currency stood as the weakest USD rival. The focus was on central banks, as...
EUR/USD extended its rally and reached its highest level in seven weeks above 1.0950. The pair stays in a consolidation phase below 1.0950 as market focus shifts to February jobs report from the US. The European Central Bank (ECB) left key rates unchanged following the March policy meeting, as expected. The revised projections showed a downward revision to...
hello guys . after DXY dollar index fall last week eurusd started a beautiful bullish impulse that broke several key levels and pd arrays . am expecting this week to be another green candle targeting last week high as a first target but since Friday candle closed as an inversed hammer am expecting Monday to be bearish and give us pullback towards the poi where...
Dear wolfy traders : this is Sunday so I just making my mind ready for tomorrow and next days. Market seems to be strongly bullish but I prefer to be ready for everything will comes to me. you can read everything from the chart so If you have any question just ask ;)
Hello everyone! Here's my take on EURUSD: OTE (Optimal Trade Entry) Liquidity uptake. An interesting zone. An optimal Fibonacci. No counter-trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
Hey there! I'm selling on EUR/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The CPI figures aren't so good for the € compared to the $, which is in great shape! 🚀 If you liked it and want more,...