in the area I select in the chart, I trade long and short . I believe that price goes a sideway in this area. no matter which position is first I trade the first and flip it with the next. what do you think?
The U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year. Market participants...
In the short term we can say that the FX:EURUSD pair is bullish above 1.0930 (bullish scenario invalidation) on intraday chart. That said, from a technical perspective, we have already reached our previous Target around 1.1040 (see chart/idea below), and from this area a corrective structure should be logical with a potential ABC Pattern. If this idea is...
Hi Traders, EURUSD Very Bullish heading towards the 1.1500, as per my analysis its in the Swing ABC pattern expecting the below prices. SL: 1.0913 E: 1.1019 TP1: 1.1288 TP2: 1.1444 Note: This analysis is for strictly education purpose only. Disclaimer: Trading Risk is the subject to market conditions. Trade safe with proper Risk Management. Happy Trading.
EUR/USD Pauses in Holiday Hush: Technical Analysis Points to Bullish Continuation As the last week of 2023 unfolds, the EUR/USD pair finds itself meandering within a narrow range during the early European session on Wednesday. The subdued market activity is characteristic of the holiday season, contributing to a quiet trading session. Currently hovering near...
this scenario shows a possible uprise for #EURUSD for the beginning of 2024 ; a break thru trendline may send price to parity.
EUR/USD currency pair is exhibiting a bullish trend Presently 1.10560 and we are aiming the bullish trend however the dx is still on declind at 101.390 and expected to reach 100.90 the lower high supply zone area. if 1.1075-1.1085 lower high resistances are broken next target will be 1.1220.personally i expect Eurusd will be on long run.
From a technical point of view, a bullish consolidation on the intraday chart (30') is still possible. That said, the FX:EURUSD pair is triggering a corrective structure within a triangle (corrective Structure), so the bullish breakout should be able to push the price to 1.100 and then 1.1040 area. Trade with care Like | Share | Comment
EURUSD has breached the 1.10 level, but we cannot yet consider this a breakout because selling pressure has also reappeared, shown by a notable Doji pattern on the daily frame. You temporarily stop trading, pay attention to the tops and bottoms of this model. If it breaks to the bottom, it will likely create a peak in the short term, and the reversal traders can...
" EURUSD is currently in a bullish trend , with a target set at 1.12188 and a risk level at 1.09822. The bullish sentiment is supported by the recent break of the previous high at 1.10954. Considering the prior success in reaching a target of 1.12757, there is confidence that the currency pair is poised to head in that direction once again."
There was only a slight decrease in the last session, so no significant changes have appeared on EURUSD. Currently, we still have short positions according to previous reversal signals around the 1.10 resistance area, please continue. holding the position, the short-term target is still around the lower border of the rising channel, we will only abandon this...
EUR USD has formed a falling wedge pattern and a breakout has occurred. Now, we are waiting for a retest of the broken Lower High level for a buy entry. BUT EURUSD IS CURRENTLY TRADING AT THE 4HR RESISTANCE LEVEL
Hi Traders! EURUSD has broken above its ascending triangle on the 4H chart, and the price action looks bullish as it looks to finish the year off strong. Here are the details: The trendline resistance at 1.10094 has been broken, which tells us that the market is looking to test prices to the upside. The strategy that we are looking to implement is to buy the...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. After price take buy side liquidity I see to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
I anticipate EURUSD to wait for a decline in selling pressure and for the price to enter a demand zone, providing an opportunity for an upward buy. Currently, my focus lies on the two 5-hour demand zones that triggered the recent CHOCH. This bias is more favorable as it aligns with the existing bullish trend in the EURUSD market. Despite my overall bearish...
Hello guys, Take a look at this naked chart We have strong upward trend in H4, and I think here is a perfect long opportunity with good R/R = 1.8 sl = 1.0852 is safer Take care ;)
Market is in Up Trend and after Fib 50% retracement making a cup and handle patter its going to make an upside move again. It breaks its key resistance Level. You can take a Buy trade with proper risk management
we were right about our last outlook and with that we will continue to the long side. i will keep farming this trend as long as it lasts and so should you. as always dont enter without confirmation and size your position wisely