Bulls, Bears are here! Hide! EUR tested resistance @ $1.058, the correction to $1.01 - $0.99 has now started.
Correction in the video: I meant PPI numbers, not CPI* In this video I share a potential bullish setup for the EUR/USD and what I'm looking for in terms of targets and trend continuation. The EUR/USD has been on a slight uptrend and continues to make decent pullback dips for us to position ourselves for the next potential swing. Trading Tip: Use a stop loss...
At the end of the week, the trendline is holding steady and there are limits to the potential returns. However, we can observe that the bearish trendline has been positively responded to three times, which is often a signal that the bearish trend is still dominant. Additionally, there is a liquidity area (highlighted in yellow) below SND that typically receives a...
Finally Eurusd prefers to continue his bearish trend. Seeing the trendline line that occurs, the possibility of forming an expanding triangle. When positive formed an expanding triangle pattern, the possibility of a significant price movement and reversal can occur.
27th July daily strong down candle broker swing support 1.1020. price may retest 1.1090 & more strong supply zone 1.1135 as well, stop loss above 1.1150. target: 1.0930
This pair is in a strong support area for closing last week. Where the price is stuck by trendline as support and trying to penetrate SR Flip. If the price goes down again the closest target is SND below. Meanwhile, if the price responds positively to trendline, then the price is likely to be bullish again with the QM area as a target
On Thursday, DXY was become stronger and put EURUSD down, but If you look on the chart, we can see huge Bearish candle which is abnormal as compared to another candle. I believe EURUSD may rise more. Every support is an opportunity to buy.
Eurusd analysis runs according to plan to date. Prices go down to the SND area. We will see more what will happen when the price is in the area. If you look at the thick bearish candle today, the possibility of the bearish trend will continue
the price is currently in the support area, but for the time being there is no bullish candle as a sign of strengthening or continuing the bullish trend. there is a possibility that the price will go down first to the SnD area
This is the Yearly chart and it carries so much weight. We can see price traded lower into a deep discount of the range and we were stuck in a range for 8 Years dating back to 2015. Looking more closely, this range where price has been trapped is a battle between the Imbalances (Grey zones). Discount Imbalance sends price into premium imbalance and also subtly...
EURUSD was unstoppable this week: the market formed a huge high momentum bullish candle on a weekly time frame, violating a major horizontal resistance. From the beginning of the year, the pair was forming a bullish accumulation pattern setting equal highs and higher lows. The violation of a resistance is a very important bullish signal. It will most likely...
I am long on it. I am not seeing much strength in DXY. As US successfully decreased there interest rate to 3% which is big success for US. I think DXY will continue to be fall.
assuming that currently wave 3 is formed, with the theory that wave 3 is not the shortest wave, then we take the assumption that wave 3 has the same wave length as wave 1. then the wave 3 target is still a few pips away since this analysis was made. You can place a pending buy limit order at the SR Flip area in the blue box below.
although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
The DXY (Dollar Currency Index) seems to be much stronger than EURO. I believe that EURUSD will fall and it will be best entry point if it again comes to its resistance zone.
the analysis corresponds to the area where the reversal is expected. the price is right towards the fibo retrace 0.236 and also the QM area. with the price movement until now still in accordance with the analysis, there is a high probability of EURUSD bearish until the support area below. there is an opportunity of +190pips to gain profit.
price looks to break the trendline with a fairly dominant bearish candle. there are two areas to be a pullback reference before price continues the bearish trend. when I provide fibo retracement, the SnD area intersects with fibo 0.618 & 0.236, is this a coincidence?
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.