Price should continue following the upward trend. It does have certain characteristics of a pull but it has yet to exhaust the upward momentum, in fact it’s in its last legs. This trade, if taken, has an RR of 3.72. NOTE : This is not financial advice, please do your own research.
Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534. If not, then it is friday and the weekly candle may pull back...
Buy opportunity in the FX:EURUSD with a target at 1.08375 for a profit of 30 pips. With the data worse than expected from the news of Services PMI, I expect the price rises to the level of 1.08375 Guys, what do you think? Leave a comment with your thoughts.
I am expecting this next EURUSD move during Asia Session. After confirmation i will play my trade setup and update this chart.
I usually dont like playing the most manipulated pair in forex but here we are! We start on the daily timeframe and we see that the EUR/USD is breaking the downtrend line and the RSI is curling and showing sign of bottoming. WE then go to the 4HR timeframe and our strategy printed a buy signal after the bearish RSI was corrected. For this trade we took an...
hello traders! as I can see EURUSD is now holding a support zone and broken a trend line so we are expecting these TPs can achieve easily its just a trade idea shares ur thoughts with us Stay Tuned for more updates
Hello traders,today we are analyzing OANDA:EURUSD on 1H TF. As we can see the market structure is Bullish,market creating HH-s and HL-s Where we can buy? 1.We can buy after market take out X,with SCOB confirmation... 2.We can buy on Extreme OF or OB,OF have much more probabillity than OB...Wait for LTF confirmation and than buy. Best regards for entire...
Two days ago, in a short-term analysis of FX:EURUSD , I mentioned that the 1.0790-1.0800 zone is pivotal for a potential reversal in the currency pair. The pair did break above that level and is currently consolidating above it. Now, I find myself wondering whether this marks a reversal in the medium-term trend or simply a correction from the year's...
The FX:EURUSD could move closer to the 1.0900 mark over the course of the week. EUR/USD saw biggest gain on Tuesday in almost one month (+0.3%). Nothing in the European or US data suggests a directional shift is imminent or justified. Technically, EUR/USD is attempting cross above 200-DMA (1.0827). If it overcomes this hurdle, the bounce could extend towards...
Pair of Name : FX:EURUSD ( Euro / U.S. Dollar ) [ Time Frame : 4H [ Direction : Short [ Type : Mid Swing ___________ Description I am expecting price to go down to fill out the imbalances. That the price made on its way up to recover some of the other imbalances. But there is a chance that this resistance level. Is turning into a support area for price but...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves
📈💰 Day Trading Strategy for EURUSD 💱 🔥 ICT Long Setup 🔥 Today, let's dive into an exciting day trading strategy for EURUSD! 🚀💹 Here are the key levels and setups to watch out for: 📊📈 ⬆️ Buy Limit Levels: 🎯 1.0803 🎯 1.0797 🎯 1.0730 🎯 Take Profits: TP1: 1.0816 TP2: 1.0824 🔑 Key Level - Resistance: 💪 1.0818 🔑 Key Level - Support: 🛡️ 1.0803 ❌ Stop Loss: 🛑...
EURUSD is making bullish momentum based on DOW HHs and HLs. Price got rejected from near HLs and it is quite likely it will retest the falling trendline. What do you think, will it work?
EURUSD is finally leaving a bearish trend and trying to becaming bullish. Dollar is strong, but i expect weakness in the next days. I placed a long limit order at support zone at 1.0785 but i am also entering long now, target resistance area at 1.09
A chart of the EUR/USD currency pair on a 4-hour timeframe. The chart displays a bearish channel pattern. Bearish channel: The price has been trading within a downward-sloping channel for some time, characterized by a resistance line at the top and a support line at the bottom. The price is currently trading at Top of channel pattern, if Breaks the Upside then...
For now I still always want to look at EUR/USD on a bullish way. We caught the nice reversal on an agressive entry after a clean of liquidity on previous lows levels. As shown on the graph, we want to hold the actual price and break the 1.089 to use it as a bounce to reach our final target. The main entry was a perfect long at 1.05 as alerted. Great Trade !
FX:EURUSD has broken out of an area of interest, once I see a retest of that zone (1.07900) and it holds as a new found support, I will be going in for a long. #EURUSD May just have the capacity to hit 1.10374 Do your due diligence
Since the beginning of the year, FX:EURUSD has been in a downtrend, with the single currency dropping more than 400 pips in the past two months. However, after a false break below the horizontal support last week, the pair quickly reversed course and is now once again approaching the important 1.08 zone resistance. Taking into account the false break and...