EUR/USD extended its rally and reached its highest level in seven weeks above 1.0950. The pair stays in a consolidation phase below 1.0950 as market focus shifts to February jobs report from the US. The European Central Bank (ECB) left key rates unchanged following the March policy meeting, as expected. The revised projections showed a downward revision to...
hello guys . after DXY dollar index fall last week eurusd started a beautiful bullish impulse that broke several key levels and pd arrays . am expecting this week to be another green candle targeting last week high as a first target but since Friday candle closed as an inversed hammer am expecting Monday to be bearish and give us pullback towards the poi where...
Technical analysis Bought at 1.07900 at 13 Feb, sold at 1.09500 in 8 March with profit Possible next downtrend move heading 1.0800 zone as a result of the head and shoulders pattern and the breakout of 1.07350 support zone
My bias for EUR/USD this week aligns with a potential upside movement, mirroring Scenario (A) in my analysis of GU. While I anticipate eventual selling pressure, there's currently no clean unmitigated supply zone that catches my interest. Instead, I foresee a retracement to the 10-hour demand zone for a potential buy opportunity, aligning with the current upward...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . ! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad...
Hello Traders, It's good to be back to posting my analysis after a short break. Here is my outlook on the EURUSD currency pair. The directional movement of EURUSD is quite unclear. Recently, we have seen price encountered difficulty in closing above the previously established local maximum at 1.08058 in close proximity to the 800EMA, which serves as a dynamic...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello Traders! This is my idea related to EURUSD H1. I expect the price to return until the supply area, and I will follow carefully for a possible short or long entry after the news on EUR. I expect the price to go continuously bullish as DXY breaks the bullish channel and goes bearish. Traders, if my proposal resonates with you or if you hold a divergent...
The EUR/USD, like the entire forex market, has been notably quiet in recent days, with prices fluctuating within a very narrow range. However, it seems that bullish momentum is building among EUR traders in preparation for a breakthrough. As outlined in a previous analysis, the drop to 1.07 back in mid-February resembles the bottom at 1.0450 and potentially...
The EUR/USD pair trades marginally higher on Monday, hovering around the 1.0850 level ahead of Wall Street’s opening. The market mood is in better shape amid the good performance of Asian shares led by the tech sector, although European indexes lack momentum and trade around their opening levels, leading to some modest gain in US futures. A data-packed week...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Fibonacci Level - 61.80% / 78.60%
In the 1-hour timeframe of EUR/USD, a bullish sentiment is evident with a breakout from a falling wedge pattern, complemented by an ascending channel formation and an ABC pattern. This confluence of signals suggests potential upward momentum, making it an opportune time to consider long positions for traders seeking bullish opportunities.
EURUSD recovered significantly in the past session from the support area of 1.08. Overall developments are still favorable for the buying strategy. You continue to hold existing positions, the target is still around the threshold. 1.09 and 1.10.
Today EU had a fairly strong daily close. Also, DXY rejected from some key daily levels. My Daily DOL is Monday's high. We also saw SMT divergence at the lows (EU failing to make lower lows while DXY made higher highs). I want to see the H1 discount bullish arrays respected, to then look for a bullish displacement entry trigger on M5/M15.
EURUSD recovered strongly after approaching the 1.08 resistance threshold, a triangle-shaped accumulation area is forming, you need to pay attention to this model, if it breaks above, it will be a signal of consolidation. Check for previous bullish signals. Currently we still have long positions, with a stop loss below 1.08, you continue to hold these positions,...
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...
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%...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement RSI - Divergence Fibonacci Level - 50.00% / 61.80% Completed " 12345 " Impulsive Waves and " A " Corrective Waves