Idea - Looking at the Monthly Candle it is clear that There's not enough demand strength to push higher toward the highs, from both the original bullish FVG and Also the recent monthly FVG - The recent monthly FVG should've expanded toward atleast previous 3M high but after sweeping previous high, confirmation of bullish weakness to target, the Previous Month...
In our last analysis, EUR/USD FX:EURUSD finally reached our 1.07 target. Right now we believe a minor correction to 1.07 is possible. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for...
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...
Hi all! There was a breakout for 1 week, there is no point in looking for long trades against a locally downward trend, our zone of interest is the Order Block, from which the correction began. I expect the price to approach 1.09981, the removal of liquidity from equal peaks and a subsequent decline to the imbalance zone FVG(1M) to the zone 1.04 - 0.997. ...
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...
The buying pressure in the Greenback keeps gathering pace and forces EUR/USD to recede further, opening the door to a potential visit to the 1.0700 neighbourhood. 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...
EURUSD Analysis EURUSD is moving in the Descending triangle pattern and the market has rebounded from the support area of the pattern!!! 🔴 Try to SELL all the TOPS !!!
Currently looking for sell confirmation from the resistance level. Plan B If the price breaks above the resistance level it will potentially become a support level only then we will look for Buy confirmations.
EURUSD Analysis On the weekly timeframe price action has just rejected off a weekly bearish Fair Value gap. This rejection created a 4 hour Change of character which indicated potential retracements after a bullish run on EURUSD. On the 1 hour timeframe, we can see that price action has created a very neat balance price range coupled with a bearish Fair...
Don't have enough data on EURUSD to confidently trade. 1:2.79 RR Trade Looking to see if this will play out Based off daily Confirmations 1. Previous daily closed below new range (Fake out?) 2. Previous daily closed no top wick 3. Price slowing down (potential reversal incoming)
Looking at the EURUSD chart on the 1-hour timeframe, we can observe that the pair is in a strong downtrend, currently priced at 1.07720 at the time of writing. Upon analysis, we found that the pair is currently testing the 100MA alongside the 61.8% Fibonacci retracement level, with previous support now acting as resistance, aligning with our analysis indicating...
The weekly chart shows a downside bias. However, support is holding. If the hourly chart develops bearish signals, support may be tested and if longer term downside momentum holds, support is likely to be broken Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets...
Nothing has been changed since our last analysis. EUR/USD is still bearish. But we may see some minor corrections because every indicator are in oversold and DXY is correcting too. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and...
Hello traders,I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
FVG at the level of previous breaker block and market structure break. Clear target at 2R around 1.0795, but has potential to go even further. Entry: 1.0842 SL: 1.0865 TP1: 1.0795 TP2: 1.0762 could even go lower, depends on DXY. Trade invalidated if TP1 level reached before pullback back up into the FVG entry area.
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...
Sell opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 40 pips. With the data better than expected from the news of ISM Manufacturing PMI and the selling pressure that has existed in today's session, I expect the price falls to the level of 1.07000 Guys, what do you think? Leave a comment with your thoughts.