The overall trend is down but am open to a long if there is a 4h close above structure causing a break of the down trend. Otherwise I will wait for a 4h close below the blue zone and a lower low close on the 30m time frame
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed, Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk. We see that the previous High is violated and a potential 4H Demand has formed, now there are two...
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.
Today's focus: EURUSD Pattern – Continuation (Bullish) Support – 1.0794 Resistance – 1.0855, 1.0896 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the EURUSD on the daily chart. Will we see the EURUSD set off on a new continuation higher? Bulls have broken the downtrend and formed a higher low. We have a trigger bar, but we...
In Europe, EUR/USD traded 0.1% higher at 1.0813, ahead of the release of eurozone CPI figures for February, which are expected to show another reflation in the region . Data released on Thursday showed consumer prices fell slower than expected in France but faster than expected in Germany. Economists are expecting annual growth of 2.5% in February, down from 2.8%...
EUR/USD found support near 1.0800 (psychological level, Fibonacci 23.6% retracement of the latest downtrend) but is yet to clear the 200-period Simple Moving Average (SMA) on the 4-hour chart, currently located at around 1.0820. Meanwhile, the Relative Strength Index (RSI) indicator stays slightly below 50, highlighting a lack of recovery momentum.If EUR/USD...
My idea for EU at the moment is for it to push higher in order to take out the trendline liquidity that sits above. I expect price to do a similar move to GU in which I expect a bit more upside left to validate this newly marked out 4 hourly demand. Then I anticipate a pullback within this demand to take out liquidity above and tap into the 12hr supply zone that I...
Today’s release did little to shift interest rate expectations. Markets continue to forecast around 90 basis points of cuts this year – three or four 25bp cuts – with the June 6th meeting seen as the most likely starting point. A cut at this meeting would mean the ECB being the first major central bank to cut rates, leaving the Euro at risk of falling...
in the starting of this week we should eyes on the majors pairs movement in this chart you can see good bullish formation for medium term long trade from the level 1.0800 you can take long for target 1.1050 the most important support range is looking as 1.0800 level and we can hold this trade for 150-200 pips
Hi guy's this is my overview for BTCUSD, feel Free to check it and write your feedback in comments 👊 Some days ago price traded in wedge Where it bounced from support line and rose to resistance line If this post is useful to you you can support me with like boost and advice in comments
Gold is ready to fly up again with trend of buy Uptrend is running Gold setup price Gold buy from 2033 _2030 1Target 2040 2 Target. 2050 Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
I think the market will go up and these are the speculations I think are correct.
Euro Will Be Worth More Going into March, Compared to the Dollar
Euro is likely to touch the Range top. so I just look for buy positions because you can barely find sellers Yet. Every bottom is a buy opportunity foe me.
Buy opportunity in the FX:EURUSD with a target at 1.08418 for a profit of 20 pips. With the data worse than expected from the news of GDP (Quarterly) (Q4), I expect the price rises to the level of 1.08418 Guys, what do you think? Leave a comment with your thoughts.
EUR USD Bullish Pennants Continuation pattern on the 30mins timeframe Lets see how this play out
Major Events in Euro Area and US on Friday Friday is a significant day with Euro Area Consumer Price Index (CPI) and US Personal Consumption Expenditures (PCE) data on the radar. Euro Area inflation likely eased to 2.5% in February, and the official report is expected on Friday after a rush of local economic data from the Euro Area. The European Central Bank...
Hello everyone we see the chart of EURUSD . I expecte reach the 1.09160 and starat to correction entry : Any floor placed on the trend line tp : 1.09160 sl : 5% below the entry