Hello traders In this analysis, we have a model of fast lightning, so we will have a PRZ With OB This area is considered strong, and there will be a strong rebound from it Our entry will be in the 1.06920 area and take profits: - tp1 at 1.0600 - tp2 at 1.05715 - tp3 at 1.05430
Hello everyone; PMI and ECB have interest rate decisions this week. Therefore, there will not be much volatility until this data. I don't have any predictions about this data yet. I will wait. However, in general, my goal will be as in the chart. I have a total loss of -2rr from the transactions I shared last week. This week I will take my transactions again...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Hello everyone. i want share my idea about EURUSD. After big bearish movement we see some consolidation but there is not any sing for trend change. Price action is easy to identify where it will go, i think the trend will continue and the reason is price falling and dollar index bullish movements which is strong with also fundamentally. Here is my setup for...
🎗️Name : EUR/USD 🗨Time Frame : 4hrs Chart (🖇️Short Order ) ------ 🧾 : WHY IS EURUSD GOING DOWN? The Eurozone is an important trading partner for many countries, including the United States. When the EUR/USD exchange rate changes, it can affect the balance of trade between these areas. A strong Euro (high EUR/USD exchange rate) can make Eurozone products more...
I took short position yesterday and I will add more. I am waiting market structure shift and if it happens I am gonna short more. I am focusing Equal Lows and Sell side levels which is I draw on! Manage your risks and happy trading! Follow and like idea )
Hello traders, EURUSD analysis, over the short term, a bullish channel has begun to form
On Wednesday, EUR/USD fell back after failing to break through the channel resistance below 1.0600, ending a two-day streak of gains. The U.S. dollar's overall strength, driven by a sharp rise in U.S. bond yields, also exacerbated the EUR/USD fallback. U.S. dollar yields rose across the board, with the 10-year U.S. Treasury yield soaring above 4.90%, the highest...
Hello ladies and gentlemen; Although today is not a holiday, we will enter the London session in the coming hours, where no data will be received. The most important data of the day will come at the beginning of the New York session. Considering the unemployment data that came 2 weeks ago, I expect today's data to be lower than expected. According to the chart,...
Hello everyone; Today, we will receive inflation data from the UK and the European Union in the London session. Inflation in the UK is still expected to remain high. However, things seem to be getting better in the European Union. Later, we will see construction data from the USA in the New York session. According to these data, the construction sector is...
According to elliot wave analysis the EURUSD has finished wave A and is currently in wave B from which wave A and wave B have formed and is currently in wave C of wave B
EURUSD has recently experienced a significant surge, as evidenced by the confirmed buy signals indicated on the chart. However, a comprehensive analysis suggests an impending bearish movement influenced by the identifiable order block within the range of 1.06198 to 1.06723. This zone is likely to exert a substantial resistance, triggering a potential reversal in...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EURUSD symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal. If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.
FX:EURUSD Overall structure based on the Daily, 4H and 1H is bearish on EURUSD. A break and retest around the 1.05283 4H resistance area , a bearish engulfing candle on the 1H was my confirmation to go short on EURUSD
EURUSD faced rejection at the third touchpoint of the upper band of the descending channel, coinciding with a minor resistance level at 1.06225. Now that the price has retraced to the support, I anticipate a break of this level, primarily due to the strong demand for the U.S. Dollar in the ongoing uptrend. This could potentially drive the EURUSD pair down towards...
This is clear indication of sellers enjoying party right now. Slight pullback and then down again. Certain marked areas to lookout but mostly few good days ahead. I will update more confirmations on 4-H later on.
In the previous analysis of this currency pair, we expected the price to rise when the downward trend line was broken that according to the conditions of the dollar index, this currency pair failed to fill the moving step to rise, so we updated the drawn downward trend line And we specified two scenarios for the price movement, according to the movement of the...