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...
Reason: Liquidity grab Break of structure Imbalance A lot of EUR news this week so be prepared
The price movements from 1.0980 are viewed as a corrective pattern for the preceding uptrend. While further upward movement cannot be ruled out, the rally appears to be capped by the break of the 1.0920 level, signaling a potential sell-off towards the target at 1.0768. Therefore, we are opening a short position to target the mentioned objective as the next goal.
Sell opportunity in the FX:EURUSD with a target at 1.08520 for a profit of 25 pips.
I frequently discuss EUR/USD in my streams because, in my opinion, it currently presents the most promising trading opportunity. I am currently in a short position and intend to maintain it until the price reaches the 1.05300 level.
The overall structure is an ascending channel which is a reversal pattern in between it is a formation of a continuation pattern 15MIN flag pattern). So my bias on OANDA:EURUSD is bearish. Anticipating price to test the upper dynamic trendline in conjunction with the resistance zone, then to the nearest support level.
Good morning, this is Joe Malone from Districtfx. Currently, we're observing bearish price action for the EUR/USD pair. The charts indicate a bearish sentiment around the 1.08900 level. We anticipate a retracement to that level, presenting a selling opportunity to the downside. Upon retracement, we'll explore a potential selling opportunity, targeting the low of...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . 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...
Trade 1 Short Playbook 4H C.3 Trade Idea 2 1. Price Has hit my area of value. I currently see no downward momentum. The fundamental news are also bullish. CPI: Positive 2. I will wait for a confirmation liquidity model to present on a lower time frame before placing a short trade. 3. If that happens I will place my trade with a decent size stop loss. 4. If price...
EURUSD looks like a short fall from here after breaking trend on the channel trade in these last few days. It does seem to be in a continuous downtrend pattern and does not seem like it will be stopping anytime soon. I suggest a short from 1.08679 all the way down to 1.05703 for a long term profit close. Please take proper risk management upon entering the trade.
Sell opportunity in the FX:EURUSD with a target at 1.08550 for a profit of 20 pips.
In this comprehensive video analysis, we delve into the technical indicators and historical patterns of the EURUSD currency pair, aiming to provide valuable insights for traders and investors. Our analysis strongly suggests the continuation of bearish momentum for EURUSD. Starting with the weekly and daily time frames, we identify prominent head and shoulder...
FX:EURUSD A break below 1.08940 Daily support has simultaneously broken bullish structure on the 1h, 4h and daily timeframes changing my bias to a bearish bias. a retest back to the 1.08940 area as daily resistance and a 4h bearish engulfing candlestick is enough confluence/confirmation to short EURUSD.
Outlook for EUR/USD: Davos Insights and Fed Speeches Several ECB officials are expressing opposition to rate cuts, potentially helping to curb losses in the EUR/USD, which is currently testing the 61.8% Fibonacci level after a more than 0.7% drop. Davos has prompted ECB officials to share their views on the Euro Area's prospects and their positions on the...
I will be looking for confirmations on this short. The higher time frames aren't giving anything away so I am basing my idea on momentum. I will not enter this setup without string confirmations
Sell opportunity in the FX:EURUSD with a target at 1.09320 for a profit of 20 pips.
EUR/USD Analysis: Targeting a breakout to the downside? The EUR/USD currency pair seems poised for a technical breakout. Analysing the 8-hour chart reveals a consolidation phase since the start of the year, following a decline below 1.1000, with this mark acting as a resistance level on two occasions since then. Currently, EUR/USD is resembling a...
i think eurusd breaking of the weekly trend, it seems that the 50 fibo will at least correct.