EURUSD Is going up in the near future. The trend is clear to me. I was looking for the best level to enter long, and 1.079 is the perfect place for me to open a swing long. My target is the resistance area at 1.092
What a Trading day.. a Continuation followed by a sharp selloff. The continuation was called out here at ShrewdCatFx and the Selloff was punishment to late buyers I suppose. NFP data tomorrow will likely take us for a ride as It typically does.. Direction? I'm leaning for more upside despite our weak Daily candle closure today. Why? I like the optimistic remarks...
The Market is Flying with Optimism after ADP data was better than Forecasted, Services data missed forecasts but Fed Chair Jerome Powell has said that he does not think that inflation is reversing higher. The monthly candle has flipped bullish along with the Weekly candle as price has done a complete 180 from our initial selloff early in the week. Yes, we...
Hello traders, EUR/USD is at a very critical support zone. I say critical because this is the last noticeable support zone. The next support lies far lower at 1.0460. So, at this stage, it would be wise to exercise caution, especially buyers. We can see that price has already gone up by 45+ Pips from the support zone. In the past, there were 2 occasions where...
Hi Now I Am Monitering Eurusd Chart For Next Move Eurusd Below Blue Trend After Breakout Next Targets Red Lines Possible Note Its Not Signal After Confirmation Signal Wil Be Available Dont Miss this Opportunity After Break Blue Trend Line Stay tuned For More Updates
Hello trader, our previous idea yesterday about buying EUR/USD@1.0730 zone was super hit as price went up more than 120 pips from the lows. (We have linked the previous idea below for you to cross check) Currently, price is well above the 1.0720 support zone. So, we can say that the support zone is unbroken. In fact, price has also moved marginally above...
USD JPY has formed a Head and Shoulders Pattern at a resistance key level. Confirmation for SELL was Doji and close below candlestick at the right shoulder.
AUD USD has formed a Falling Wedge Reversal Pattern on the 1hr timeframe and the market has broken the Lower High market structure, we need to see a pullback - Retest before taking entry Buy - Long. ⏰
Hello Traders.. In our previous analysis (24hrs ago) we called out Longs/Buys from 1.0732 and price is currently 1.0770, an increase of 40 pips. The Monthly candle pulled down to begin the month and as we enter Wednesday the candle is returning to Break even after dropping 60 pips. The market now treads above the weekly level 1.0765 and will this sustain until the...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line Break of Structure Completed " 1234 " Impulsive Waves Fibonacci Level - 50.00% / 61.80%
Anticipating a pullback with London session to clear Fomo liquidity. Depending on the amount, we may observe a pullback to 1.07435 4hr Resistance zone. If the market is extra stubborn then we may see a more sustained pullback to 1.075 area. Manufacturing data during NY session today surprised to the upside and beat the forecast creating a dramatic selloff on...
EUR USD TRADE SET UP. EUR USD is making a break and rest pattern on the 1hour timeframe just like GBP USD. The market has formed a doji candle stick with a long wick on the key level,. now we need to see the next candle close blow before taking entry short ⏰
EURUSD hits important support zone at 1.07250. It's a weekly and daily support zone and i expect a reversal here, with a take profits at resistance zone 1.076
The EURUSD has experienced downward pressure, evident on both the daily and 4-hour time frames. Currently, the price is overextended, and I am actively seeking a shorting opportunity if the price retraces around the 50% to 61.8% Fibonacci level. In the video, we delve into price action, analyse the trend, evaluate market structure, and discuss a specific trade...
EURUSD LONG Daily TF Daily TF: 4H TF: 1H TF: Trade to be initiated only when price closes above Blue Sloping TL. Otherwise, Trade should not be initiated. THe pattern formed is deformed Inverse H&S found in Daily TF. Stop Loss should be 25 to 30 pips after initiating the trade or 5 pips below round figure of 1.07
EURUSD LONG Daily TF: 1H TF : When EURUSD closes above 1.0800 and above the blue sloping TL (inner TL), then an entry can be initiated to target 1.0935 If EURUSD doesnt break the blue sloping TL (inner TL), then trade should not be initiated
EU continued selling on the retest it gave last week and now just broke another key level of structure. Will be looking for another sell opportunity on the retest if we get it!
Hello Traders, the March Monthly candle has closed bearish with a large top wick which looks to have rejected the top of our Monthly range at 1.1028. We now have 3 Monthly candle closing bearish consecutively which suggest more downside on EurUsd possible as we enter Q2, 2024. The top wick on the March monthly candle looks like a fresh liquidity grab for a push...