EURUSD is currently in a quite interesting POI as we speak to sell from. My trades are usually within 10 pip SL and will be moved to BE when opportunity is given.
EURUSD is currently forming a Butterfly Harmonic Pattern (XABCD) on the 4-hour timeframe. This pattern is characterized by specific Fibonacci ratios between the price swings. The pattern consists of four legs: XA, AB, BC, and CD. The completion point, known as Point D, is expected to coincide with a key Resistance level. Trendline Analysis: Additionally, there...
EURUSD is bearish till my golden and final zone. The EUR/USD pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the euro, the official currency of the Eurozone, and the US dollar, the currency of the United States. Traders and investors closely monitor this pair because it reflects the relative strength of...
Hello traders, we want to check the EURUSD chart. The price is moving in a descending channel and after a heavy drop it is moving in a range. We expect that if the price pulls back to the specified resistance level around the price of 1.07000, this level will maintain the downward trend of the price and the price will have a fall to around 1.06100. If the price...
EURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis. Key Levels and Fibonacci Retracement: Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance....
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields. On the upside, EUR/USD is projected to find early resistance at the key 200-day SMA of 1.0827, ahead of the April top of 1.0885...
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!
EUR/USD stays under heavy bearish pressure and trades at its lowest level since November below 1.0650. Divergent ECB-Fed policy outlooks and the risk-averse market atmosphere keep the US Dollar strongly bid and weigh on the pair. 1.0700 (static level, former 2024-low support) aligns as first resistance for EUR/USD. In case the pair stabilizes above that level,...
First things first: 📊🔮My crystal ball tells me the US PCE inflation data today will be weaker on a monthly basis than the consensus expects it. -> This will lead to a (temporary) weakness in the USD ✅️ ...And thus a new hope for the EURO?... Once upon a time in a FX galaxy far, far away... The EUR has been rising against the USD for around 2 weeks and new...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
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!
My perspective on EU is to anticipate its bearish trajectory. With recent downward structure breaks and its arrival at a demand zone, I foresee potential failure to breach deeper levels or ideally a retracement to touch either of the two newly marked zones at points (A) and (B). Following this, I'll be on the lookout for a wyckoff distribution to initiate selling...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
My bias aligns closely with GU this week, focusing on selling from a comparable supply level evident on both charts. On EU, this manifests as the 4hr level around 1.09000, where I intend to sell. I'll await the current price to pull back into these zones to address the imbalance and form a redistribution pattern. Similarly to GU, there's a minor 4hr supply below...