HELLO TRADERS EURUSD I still running in bearish trend .... have a look on our previous analysis of the week on EURUSD attached in chart read description .....
The previous trading week saw lows (Post Asian Session) left untapped (Liquidity), price matrix will tend to gravitate to old lows of old trading sessions during the new week. The NWOG (New Week Opening Gap) is another critical factor in this whole set-up, we might see a run on these low going into the new trading week
EURUSD has recently encountered resistance at two critical supply levels – the previous monthly low and the low from two weeks prior. This rejection suggests a bearish sentiment, setting the stage for a potential bearish continuation. Our analysis, based on our framework, indicates selling opportunities in the EURUSD pair. Technical Analysis: The rejection at...
EURUSD - 24h expiry The medium term bias remains bearish. Buying pressure from 1.0695 resulted in all the initial daily selloffs being recaptured. Buying posted in Asia. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile. We look to Sell at 1.0755 (stop at 1.0780) Our profit targets will be...
Sell opportunity in the FX:EURUSD with a target at 1.06950 for a profit of 20 pips. After testing the resistance at the 1.07254 level during the american session yesterday, I am looking for the price to fall towards the 1.06950 level where today's support is located. Guys, what do you think? Leave a comment with your thoughts.
Sell opportunity in the FX:EURUSD with a target at 1.07420 for a profit of 15 pips. With the data better than expected from the news of new unemployment benefit claims, I expect the price to drop to the level of 1.07420 Guys, what do you think? Leave a comment with your thoughts.
Hey Traders, Check this analysis out on EURUSD. The pair had been ranging for quite some time before it broke below the support, followed by an actual smooth pullback. Provided that the price remains below the support, I will look for a nice short trade. Keep a close tab on this one.
EURUSD New forecast Trading in the euro/dollar pair stabilizes around the level of 1.0875, and we are waiting for the resumption of the downward trend to head towards our next main target, which is at 1.0808, and breaking it will reach the level of 1.0744. Therefore, the downward trend scenario will remain valid and effective for the coming period,...
EUR/USD Poised for Potential Downtrend as Bullish Channel Breaches Lower Boundary. The EUR/USD pair might be heading south, exhibiting a bearish signal on its H4 chart. A recent breakdown through the lower border of a bullish channel pattern suggests waning upward momentum and a potential shift in trend. Key Points: Bullish Channel Breakout: The price...
Pure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave...
Sell opportunity in the FX:EURUSD with a target at 1.07820 for a profit of 40 pips.
Trend: H4: Pointing Downwards D1: Down Moving Average: With Daily MA Above H4 MA but H4 pointing downwards Pattern: Bat on M30 Strong resistance at 1.0905 33 pip stop loss.
It looks like the H4 demand zone that has been propping up the weekly chart may fail, today giving us the opportunity of some strong sells for the quarter. I have marked the zones I will be looking for shorts from with confirmation entries. High impact data releases during NY
Sell opportunity in the FX:EURUSD with a target at 1.08100 for a profit of 40 pips.
Sell opportunity in the FX:EURUSD with a target at 1.08000 for a profit of 35 pips.
EURUSD has maintained a great bearish trend Now retesting a recently broken support now potential resistance
Very bearish, so am looking for a 4h close below the blue zone with a retest and a lower low close on a smaller time frame. Alternatively I would consider taking a short if it pulls back to the top of structure and it reject with a 4h close and a bearish engulfing on the 1h close
Since the beginning of 2024, EURUSD has been bearish after breaking my daily trendline and changing of character from bullish to bearish. I anticipate that EURUSD will continue the downtrend to the support zone, as long as DXY is bullish as i have analyzed