EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom? How do we trade this? 🤔 If you're not currently in a trade, I would wait until the...
Hi Traders! EURUSD is now under pressure following the NFP report. Momentum is now back with the US dollar, and further downside momentum looks very likely. Here are the details: The market is trending down following the break and close below the 20 EMA. There is a possibility of the market going back below the 1.07 handle. Preferred Direction: Sell Entry...
H4 - Bearish divergence. Most recent uptrend line breakout. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
EURUSD made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 The conditions at this moment make it reasonable to short , but there is a caveat! It's very possible the price pulls back a bit to the resistance zone for another...
Daily demand zone for long 1.0728-1.0665, stop loss: 1.0640, target: 1.0990.
Recently, there was an anticipation of a pullback or correction in the EURUSD currency pair. This correction was expected if the current peak reached the level of 1.10000. However, the US dollar strengthened without a deceptive upward movement, compelling its major rivals to retreat. Despite this, an overshoot is anticipated, likely leading to the subsequent...
EURUSD is pushing toward the resistance zone which gives the bulls some tingly senses to take profit and run the price back to the downside. Will the Dollar show strength this week and keep EURUSD from breaking resistance? How do we trade this? The price is currently in a trading range between 1.05000 and 1.10000 and we're getting close to the resistance zone...
After beeing stopped out of my last Short at EURUSD (See related idea). I took a look at the monthly chart. Price is currently at a big support level. If we should see further movement down, (i would prefer to see 2 monthly open and closes under "Support area 1) i will look to short on a retest of said support area. SL would be based on a LTF however i would not...
big demand zone for long i.e. 1.0725-1.0680, stop loss: 1.0640, target: 1.0930.
I'm sorry for sniffing loudly like that. I'm still recovering from catarrh, cough and other upper respiratory tract infection related sickness. I made a full breakdown of this pair, analyzing what I expect to happen on this pair. If you liked the video, please follow me and give me a boost.
I'm sorry I'm unable to make a video today. I'm currently down with ear pain, catarrh, cough and sore throat, and they're killing my voice. For today, I'm not expecting much. The price appears to be rejecting the weekly 50% fib level I have been talking about. This means there's a possibility for a move downwards today too. On the 4h timeframe, the price looks...
Demand zone for long 1.0715-1.0670. stop loss: 1.0645, target: 1.0910
This is a fully detailed top down analysis on eurusd. In the video, I talked about the pair from the weekly timeframe, showing what I expect the price to do over the next week and also explaining how it relates to what I expect the price to do today. I dropped down the daily and 4h timeframes and also explained their relationship and why I expect the price to...
From the daily timeframe, you can see that eurusd is in an upward channel. I will expect to see the channel last for the next few weeks because there's a possibility that the price will touch a weekly resistance zone for a retracement up above. However, the price moves in trends and made a higher high two weeks ago. Throughout last week, the price has been on a...
This is a detailed analysis on eurusd based off pure price action. In this video, I started my analysis from the daily timeframe and ended it on the 1h timeframe. I talked about the way the market reacted to my analysis of yesterday and how I will react to what the market will do today. I talked about the levels I'm going to be looking out for before taking a...
This is a detailed top down analysis of eurusd. I started the analysis for the weekly time frame, showing the levels I will expect the price to hit in the long run and ended the analysis on the 1h timeframe, showing the levels I expect to take a trade from today. If you think this video was helpful, please give me a boost and follow. If you're going to take...
This week I will be covering my sell setup idea towards an area of demand to end up buying with the trend. However due to DXY shift in trend, I will be looking for buys for EURUSD later on. Currently as of now price is inside an area of a 4hr supply zone so im expecting price to react off it to cause a retracement back down. Scenario (A) - Is for imminent sells...
HELLO TRADERS,, As i am watching this pair is currently trade as we had analysis in our previous chart which is attached in comments and successfully achieved given Tp's now i am expecting euro will drop more till the weekly support zone as we know the ECB Interest rates of Oct noting changed and ECB President Christine Lagarde had a dovish speech in previous...