After creating a reversal signal around the lower border of the rising price channel, EURUSD increased slightly in the past session, but this move is still quite weak, not bringing about significant changes. If you follow the trend and have entered a buying position, you can continue to hold. SL placed below the price channel and target is around 1.1200.
Buy opportunity in the FX:EURUSD with a target at 1.09715 for a profit of 20 pips.
Hello Traders ! This is the EURUSD Technical Viewpoint in The Long Term . Following the most recent corrective move we experienced at the beginning of this month, we see the price rejecting a significant region of supply that is now serving as a resistance level at 0.9980. We anticipate a further decline as we fell back below the 0.9880 support zone. Risk...
Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the specified support level after failing to break the resistance level. If the price cannot break this support level and stabilize itself above this level, we expect the price to grow again to the specified resistance level. Good luck.
Sell opportunity in the FX:EURUSD with a target at 1.09600 for a profit of 20 pips.
EUR/USD stays on the back foot and trades in negative territory below 1.0950 early Friday. Eurozone inflation data and the US jobs report for December, which will inlcude Nonfarm Payrolls and wage inflation figures, will be watched closely by investors. EURUSD BUY NOW 1.09165 CONFIRM TARGET 1.09973
EUR/USD gained traction during the European trading hours on Thursday but struggled to extend its rebound in the second half of the day as rising US Treasury bond yields supported the US Dollar (USD). The pair stays on the back foot and trades in negative territory below 1.0950 as the market focus shifts to December jobs report from the US.
The price recovered in the last session from the lower border of the rising price channel, however this move has not created any significant price increase signals, so this is still not a good time for buyers to return. You continue to observe to see if any new signals are created in this 1.09 confluence area.
Buy opportunity in the FX:EURUSD with a target at 1.09650 for a profit of 20 pips.
Sell opportunity in the FX:EURUSD with a target at 1.09000 for a profit of 20 pips.
Here Eurusd has made some correction at the horizontal line and want to continue it upward movement so more buyers are getting in and going for long is needed and target profits should at the next mark horizontal line
The price continued to correct downward after being blocked at the 1.1200 resistance area. It is now approaching the 1.1000 conversion zone. You should pay attention to see if it creates a bullish signal here. If so, you can consider new buying positions following the uptrend. In case the price breaks this level, the next target will be around the lower border of...
Sell opportunity in the FX:EURUSD with a target at 1.09387 for a profit of 20 pips.
Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has reached a resistance level, and after failing to break this level, it is pulling back to the support level. We expect the price to maintain this level and the price to grow again to the specified resistance level. Good luck.
Sell opportunity in the FX:EURUSD with a target at 1.10450 for a profit of 30 pips.
As we approach the conclusion of 2023 and transition into 2024, it's noteworthy that EURUSD is currently exhibiting an upward trend, having successfully breached the critical resistance zone around the 1.10447 level. The anticipation is that the price might sustain this positive momentum, with a potential retest of the key zone before continuing the...
EURUSD increased in price in the last session, the upward momentum was not strong enough to invalidate the doji pattern previously formed on the daily. Although this bearish model has been invalidated, suggesting the possibility that the uptrend will continue, the breakout force is not really strong, you should not buy at this time, need to wait patiently.
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