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
The upcoming release of the Core PCE Price Index, a key inflation metric closely monitored by the Fed, is scheduled for 13:30 GMT. Despite not anticipating major surprises due to its inclusion in the recent GDP report, investors will closely examine this data along with December's Personal Spending and Personal Income figures for deeper economic insights. While...
Hello Traders! This is my idea related to EURUSD M15. I expect a retracement from the resistance level. Today we have important news on EURUSD, let's see what impact it will have on the EU move. As a target point, I take into consideration the BOSS which I expect will be taken. Traders, if you liked my idea or if you have a different vision related to this...
Price showing bearish price action, would like to see this IFVG plus the -BB to take out equal lows which are magnet to price!
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Sell opportunity in the FX:EURUSD with a target at 1.08630 for a profit of 30 pips.
going to end the week with all positives not trading friday 2pip sl 20pip tp 10rrr real life wizardry
Im still leaning towards USD weakness, so therefore I am predominately looking for long entries, I am going to wait for the London open before making a decision, if price continues to reject from the 108.700 area then I would consider a buy from the current area, however if it drifts up to the middle of structure then I would wait for the break above structure...