Hello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level. Currently, EUR/USD is at the lower trend line of the broadening wedge pattern . While the price action does not look bullish yet, I am still considering at buy...
EURUSD is moving upwards this week up to 1.08436. Look for buy opportunities only. Have a fruitful week and to don't forget to click follow button. Next am posting GBPUSD
Waiting for a retest of 1.06970 or 1.07249 to short EURUSD back to 4H swing low at 1.05400 If you agree drop a like and if you have any questions leave a comment :)
EU gave a solid break of structure here on the daily. Going in line with bullish DXY; watch for the pull back or retest for the next bearish wave down!
This week's bias closely resembles that of GU, where I'm seeking buying opportunities towards a subsequent selling position. With price melting down and breaking structure to the downside, it has created numerous imbalances that need filling, prompting this bullish outlook. I'll be patient, waiting for the accumulation phase to complete along with a confirmation...
In this video I go over the EUR/USD on the daily and weekly timeframe and where I think we may be headed next... Current short positions are: 1.09356 1.09062 1.08628 1.08625 1.07253 1.07045 1.07036 Looking to TP at 1.0580ish.
according to our analysis EURUSD has touched support level and the next step is to look for a buy entry. To place a buy order go to H1 for a good entry.
Hello traders.. so yes indeed we did get a very nice push down on EurUsd with CPI data. I put out Short Analyses on Sunday/Monday around Pre-London outlining the fear and market uncertainty that increasing inflation brings into the markets. The inflation reading CPI was expected to rise from 3,2% to 3.4% YoY. The reading came out as 3.5% YoY and we dropped hard on...
FX:EURUSD EUR/USD came under renewed bearish pressure and dropped to its lowest level since November below 1.0700. Although the pair's technical outlook points to oversold conditions, it might be risky to bet on a Euro rebound amid diverging European Central Bank (ECB) and Federal Reserve (Fed) monetary policies. The ECB left key rates unchanged as expected...
FX:EURUSD EUR/USD is holding higher ground above 1.0850 in the European session on Tuesday. The US Dollar sees fresh selling amid the extended pullback in the US Treasury bond yields and a cautious market mood, lending support to the pair. Focus shifts to more Fedspeak.
Hello traders.. we have the last 2 trading sessions of the week here. The monthly/weekly/Daily are all bearish. 4Hr market structure is bearish and we are creating a new 4hr resistance zone at 1.07261 after this 4hr candles closes in 30 minutes. Today we observed a continuation on EurUsd which was forecasted inadvance on this channel. It was relatively straight...
Hello, according to my analysis of the EURUSD pair, the market has reached a very important area, which is the resistance area, at the level of 1.09800. Also, this level is the retracement of the 61% Fibonacci golden ratio. We also notice the formation of a candle with a tail on the four-hour frame, confirming a strong entry for sellers. Good luck to everyone
Hello traders, EUR/USD is slowly and gradually inching upwards. Last week our buy@1.0740 worked perfectly. At the moment, I am seeing a rather interesting development on the 4H chart. EUR/USD seems to have broken out of the descending trendline resistance level. However, note that there is no confirmation of the breakout yet However, if price does break out in...
Pair :EURUSD ( EURO / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Completed " 12345 " and " AB " Corrective Waves Symmetrical Triangle in Short Time Frame Impulse Correction
Hi fellow traders, EURUSD has reached the blue box after completing the ABC corrective structure. Target the previous top. Good luck and trade safe!
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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...
On Tuesday, April 9th, I posted that rallies in the 1.09 zone, which represents the resistance of the falling trend line for FX:EURUSD , should be sold with a target at the 1.07 zone support level. The following day, CPI figures came in hotter than expected, triggering the anticipated drop. Now, with the pair at the support level, what can we anticipate...