Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 EURUSD 🔰SHORT 🔴Sell Now or Sell at : 1.03321 ⛔️Stop Loss : 1.03719 🌀Take Profit 1 : 1.02330 🌀Take Profit 2 : 1.01675 🌀Take Profit 3 : 1.00404 #Ticker_trading...
As we can see the market of EURUSD is out from the descending channel and now staying at supply zone. I suggest you to wait for the support to buy it again. If you think you can buy it here then I dont recommend you. Wait for the downside to take support.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Following the bullish engulfing candle on Friday, the Euro has a tendency to reach new highs in the coming week only if a significant breakout of the $1.000 level happens. However, we can not ignore the possibility of a possible bearish momentum considering the fact that the price has been trading below the $1.0000 level in the last couple of months. Risk...
EUR-USD is making a strong move up In a bullish correction But the pair is still in the downtrend So after the retest of the resistance above at 1.03628 I think we will see a move down
Ahead of Thursday's U.S. CPI report, a critical inflation reading to the Fed's Rate Interest policy, the EURUSD pair is rebounding strongly on the bottom (Higher Lows trend-line) of the Channel Up that it has been trading on since September 28 and that we called on Friday: The price is now going for the 2nd 1D MA100 (green trend-line) test on such short...
The last 3 - 4 weeks have seen prices continue to climb hereby finding uniform higher highs and higher lows which culminated at the breakout of the $1.0000 area during the course of last week's trading session. Will the breakout of the key level at the $1.0000 mark be a true or false one? As we look forward to a variety of high-impact events for the week, we will...
from last idea we have acheived more than 120 points and now we have to wait the confirmation to sell eurusd
The EURUSD pair made yesterday a perfect Higher Low on the bottom of the Channel Up pattern that started on the September 28 2022 Low. The 4H RSI made an instant bounce after breaking below the 30.000 oversold territory but the biggest Buy Confirmation comes from the 4H MACD. As you see it is currently forming a Bullish Cross, which since the September 28 bottom,...
The EURUSD pair got emphatically rejected on its 1D MA100 (green trend-line) last Wednesday and as we discussed in our previous analysis, that was an instant short-term sell. Now the price is testing the 4H MA50 (blue trend-line), which along with the 4H MA200 (orange trend-line) form the short-term Support Zone. The rejection, confirmed the emergence of two...
When it comes to the technical analysis of EURUSD , current market structure clearly shows the signs of uptrend. On the chart I have marked previous resistances and used them to draw a trend line. Now that line is acting as a support. We have already seen strong rejections from that area and the price likely to break R1 trend line. If it does, we are going to...
EURUSD broke the falling resistance And is now back down to retest The support confluence of the falling And horizontal support lines AT 0.99363 Thus I am bullish biased And I think that a local move up Is likely to happen on the pair
As I said yesterday and correctly anticipated, EurUsd has broken above 0.99 resistance and accelerated its gains towards parity. Now the pair is in a normal short-term correction and this can offer bulls a good opportunity to enter the market. 0.99 and slightly under is now support zone and dips in this zone should be bought. This outlook is negated by a drop...
The EURUSD pair has been trading within a long-term Channel Down pattern since the February 04 High. Today it hit the 1D MA50 (blue trend-line) for the first time since September 13, which was a Lower High on this Channel Down. We also had a near rejection on October 05. We have predicted this Lower High move on our following idea, a month ago: This is the...
EUR-USD went down to retest The horizontal support level AT 0.97038 And despite my mid-term bearish bias I think a local rebound is possible
The EURUSD pair broke a pattern today that has been holding since early August by making a Higher High above the 4H MA50 (blue trend-line). Since The August 10 High, the pair has been trading within a Bearish Megaphone formation. The last Lower High (October 04) was rejected on the 1D MA50 (red trend-line) and as per the previous Lower Low sequences, reached the...
This is basically a quick update on the EURUSD pair on our analysis 4 days ago, as the projected rejection on the 4H MA50 (blue trend-line) eventually took place: As you see, the price hit the 4H MA50 and eventually got rejected following the U.S. CPI release yesterday. Fundamentals aside, this largely confirms the technical recurring pattern that the price...