EUR/USD: Analyzing the Impact of FOMC Decision and Powell's Remarks The EUR/USD experienced a notable reversal following the Federal Open Market Committee (FOMC) release, as Chairman Jerome Powell's remarks influenced market sentiment. This article delves into the aftermath of the FOMC decision, the Eurozone's recent inflation data, and the upcoming economic...
Buy opportunity in the FX:EURUSD with a target at 1.08400 for a profit of 30 pips.
The EURUSD is currently situated in the Daily Demand area, signaling a possible dominance of buyers. The existing upward trend remains intact unless there is a break below the critical Higher Low level at 1.07250. Being within the Daily Demand zone, the EURUSD indicates a positive outlook for buyers, with the upward trend likely to persist as long as the crucial...
The EURUSD is presently within the Daily Demand area, indicating potential buyer dominance. The prevailing uptrend persists until a breach of the 1.07250 Higher Low occurs. Currently residing in the Daily Demand zone, EURUSD suggests a favorable scenario for buyers, maintaining the upward trend unless the crucial Higher Low at 1.07250 is breached. I'd like to...
Nice breakout and pump on EURUSD. My plan is going well, and i think it's time for EU to pump. My first taget is 1.10. I exclude a retest of this local low, but we could maybe see a pullback to 1.086 before bouncing up again.
The EUR/USD pair has embarked on the final day of January with a notable bullish impulse, setting the stage for potential market shifts during the London session. Wednesday's Asian session witnessed another test of the crucial 1.08000 support level, marking a strategic entry point. The price action suggests the emergence of a Double Bottom setup, with indicators...
EUR-USD broke out of The narrowing wedge pattern To the upside and the price Is now going up again So I will be expecting A local move up !
EUR/USD Faces Pressure Amidst ECB Remarks and FOMC Anticipation EUR/USD experienced a decline on the last Monday of the month, closing near the psychological level of 1.08000. The downward pressure was influenced by remarks from the European Central Bank (ECB) and the looming Federal Open Market Committee (FOMC) meeting. The breach of the dynamic trendline and a...
Hi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the...
In our examination of EURUSD, it's crucial to emphasize the existence of a double bottom pattern. This pattern, combined with robust support observed within the Fibonacci levels ranging from 0.5 to 0.6, amplifies the importance of the current scenario. It indicates a compelling scenario for a potential upward trend, potentially leading to a substantial gain in...
EURUSD took out sell side liquidity (1.08445) and also buy side liquidity (1.09162) thus creates a demand zone (1.08396 - 1.08396) respected with two pin rejection without liquidating. however i expect price to rise to 1.09332 as far as the demand zone remains in control.
Price is approaching strong support level at 1.0780 (Daily swing level). Price moves in falling wedge pattern for the last few days and expected to break above. Buyers are not letting the price to close lower which can be seen for few days now. With upcoming strong US news, we can expect price to go further low before continuing the up move.
Buy opportunity in the FX:EURUSD with a target at 1.08400 for a profit of 40 pips.
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: As you can see in my previous analysis price delivered as expected. Now I expect bullish price action after filling the imbalance and rejecting from bullish order block + institutional big figure 1.08000. Fundamental news: This week is full of news in USA. Firstly on Wednesday we have...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we have pretty the same scenario as on GOLD, Price rejected from bearish order block so I expect price to drop in order to fulfill the imbalance. My target is institutional big figure 1.08000 from where I look for a long position. Fundamental news: Upcoming week is full of news in USA....
Here is my weekly outlook on EURUSD. I expect a weakness on the dollar, and a bounce on the EURUSD. Actually we are trading on the short-term trendline, and considering the bullish divergence we have on 4hr timeframe, we can expect a pullback targeting the 1.10 area
Hello Traders! I executed a long trade on EURSUD M15 as I saw a confirmation of bullish domination on a small time frame. I expect an increase until the OB M15. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like,...
Hello Guys the major trend on daily time frame is still bullish but the minor trend is still bearish it looks like its about to reverse soon after the formation of the pattern