Hi everyone! If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible. Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on...
EURUSD is consolidating. Most likely, it is going to do so for the next couple of weeks. The market is trading in an ascending channel. If price action rejects the resistance level of consolidation, we can look for a potential sell trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD is moving sideways at the resistance level. Price action is printing equal highs and lows, indicating a consolidation . The market is coiling up before expansion. We expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
#EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and...
EUR/USD have been trending for the past few months however a pull back is likely expected given it has struggle to get past 2020 low at 1.06400 for the past 2 weeks
EURUSD is moving sideways and struck in the BOX. Scalper may make handsome profit on it and the intraday. Swing trader may wait for the BOX breakout then take an entry.
Hey look at this analysis Eur USD may go long... Disclaimer:- This analysis is for educational purposes. this is not an entry signal to trade for.
The ECB hiked interest rates on Thursday, following the lead of the U.S. Federal Reserve, and pointed to more tightening to come as increased fears of a potential global recession linger. In this video, we looked at the chart from a technical standpoint and we noticed that resumed selling pressure below the $1.07000 level since the beginning of this month could...
I see the bearish market. I expect, price collect liquidity above 1.066 and start to fall. You can see the target on the chart. 💡Wait for update! 🗓️21/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
Eurusd intraday trading alerts 3 steps must fullfil before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the sky🚀 Trading alerts always available to give Good luck traders...
Hello guys. How it's going today? EUR vs USD created ascending triangle pattern in H1 timeframe. But we need compare it with the bigger timeframes also. In H4, EURUSD wanna break trendline and want to go downside. In Daily timeframe, it show us strong level between 1.0636 and 1.0776. Now, what will think for further analysis? Let's research now. Strong...
EURUSD is trading in an ascending channel . It has reached a psychological level of 1.06000. The market is making shallow higher highs with divergence, indicating a sideways move. Price has been consolidating at the support level . We might see some bullish moves within the global bullish trend . ------------------- Share your opinion in the comments and...
The EUR/USD currency pair has been experiencing a downward trend over the past couple days, with a downward trendline forming around the 1.05800 level. However, it appears that the market has recently broken this trendline and retested it around the 1.06000 area, indicating a potential shift in the trend. The break and retest of the trendline at this level can...
The possible trend of this currency pair is upward according to the status of the dollar index
EURUSD is consolidating near the support level and preparing to break the level. The markets created a massive false break, meaning that bulls were pushed back. Price is coiling up before breaking out of support. We expect a sharp bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Since the end of September, EurUsd has had quite a run, with the price rising more than 1000 pips from the bottom to the top. However, as I said multiple times these past weeks, this is just a correction, and with the price reaching the important 1.07-1.08 resistance, swing traders should look to sell and build USD long position. Last week's high was reversed...
#EURUSD ( Euro / U.S Dollar ) - BEARISH Channel - SYMMETRICAL Triangle - RISING Wedge - BREAKOUT , RETRACEMENTS - REJECTION - S / R Level - E WAVES - FIBONACCI - RSI Divergence Resulting in Short Term Buy and Long Term Sell
EURUSD is consolidating following a massive bearish move. When the markets make a significant move, the price tends to consolidate. Price broke out of the ascending channel. Price is indicating a possible H&S pattern. We expect a consolidation until the price shows a new trend. ------------------- Share your opinion in the comments and support the idea with...