If the channel breaks downwards and confirms a retest of the breakdown zone, there is a possibility of price decline towards the demand zone's bottom in the 4-hour timeframe.
EURUSD - 24h expiry A Doji style candle has been posted from the base. Buying posted in Asia. The medium term bias remains bearish. Bespoke resistance is located at 1.0933. Previous support, now becomes resistance at 1.0929. Preferred trade is to sell into rallies. We look to Sell at 1.0933 (stop at 1.0963) Our profit targets will be 1.0858 and 1.0838...
EUR/USD analysis in 1 hour We also have a strong downward movement in the price That is, we have a supply area, which means that the price will return to this area, and then it will bounce back to the bottom
Interest Rates announcements from both US and EU central banks are expected next week. The rates could be left unchanged now that inflation has cooled. But will the dollar strengthen in the dawn of these events and during them? Share your thoughts.
FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD Hello Traders, please check out my previous ideas. Just don't forget to risk-free your position when it reached the determined targets. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your...
I'm really not good at analysis when markets are in a range and predicting the breaks unless the breakout patterns are strong and impending. IN this case, it could be a Rising Wedge, which requires a breakout to the downside. Or it could be a rising Wedge, where the breakout can turn up and go above the apex. I'll route for a breakdown, purely based on the...
Bulls, Bears are here! Hide! EUR tested resistance @ $1.058, the correction to $1.01 - $0.99 has now started.
As per my previous post I am currently bearish on EURUSD, at least on the 4H. Price delivered nicely to the previous target and it now seems to be retracing. I have highlighted 2 areas of interest where I expect price could bounce off and continue its bearish push. The plan is to wait for price to tap into those zones and then switch to a lower timeframe to look...
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Breakeven taken on EURUSD last Friday, very happy with the management. Full explanation in the recap. 🧠Emotional Log --- **Pre-Trade** I understand all the confluences within my thesis, I accept this risk as I know if it is a loss I clearly understand exactly why I took to the trade. My stop is protected and if price takes me out there is a chance it is...
With the non-stop inflation data coming from the European Region, contractions are experienced especially on the production side. This situation continues to limit the movement of the European Union Central Bank. Although the communication problems in the last meeting continued and the problems in verbal guidance made it seem like the interest rate increasing...
By this analysis, many traders will probably end up losing, but we are looking for a selling opportunity. From the weekly timeframe, we are still bearish, and we perceive the intraday bullish signal as a result of NFP (Non-Farm Payrolls) and trapping retail traders into long positions. We would much prefer to take advantage of the weekly liquidity around 1.08350...
Euro has the same conditions as gold. I suggest you see my previous analysis on gold. In Euro, we see the change of character (CHOCH) and then the breaking of the structure (BOS). So we are in the bearish structure. we are looking for the best range for sale. The area of 1.1080 to 1.1098 is a suitable area for a sell position and we have a strong block order...
EURUSD has breaked its H4 trendline already & we can look for a long sell on its retesting today.
Price just broke out of the bullish range and I am now interested in looking for shorts. I have highlighted two zones that I will be looking for shorts from to continue going lower.
☑️Broke the structure on the 4H timeframe ☑️Broke the structure on the 1H timeframe (confirmation) If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck guys 🙌💪
Hello Dear Traders, I am looking for a Sell setting of EURUSD Waiting for London Session and see whats happening in this Area. Best regards FxHunterz
27th July daily strong down candle broker swing support 1.1020. price may retest 1.1090 & more strong supply zone 1.1135 as well, stop loss above 1.1150. target: 1.0930