Hello Traders, welcome to today's analysis of EurUsd. -------- Explanation of my video analysis: EurUsd has been trading in a pretty obvious descending channel for over a decade and is currently retesting the top resistance of the channel. Furthermore there is a horizontal structure level around the $1.09 level which is also acting as resistance. I am...
After the railroad model, EURUSD broke the previous bottom and fell sharply in the past session. It has now approached the initial target level around 1.08 and completed the head-and-shoulders reversal pattern. The sellers are showing dominance, expecting the price to continue to go down, the next target is around 1.07xx, you can already look for selling opportunities.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Fibonacci Level - 61.80% S / R Level
The EURUSD has rallied on the back of the Fed holding rates and the USD tanking. The move seems over extended and has traded into a key resistance level. On the 1D time frame we can see lower lows/highs and a bearish break of structure. In the video we discuss a possible short if price action sets up the right conditions.
The euro is possibly to keep to conflict towards the greenback as weaker financial boom and quicker deflation withinside the European Union ought to pressure the European Central Bank to reduce hobby charges aggressively than the Federal Reserve. EUR/USD fell 0.52% to $1.0862. “We keep to count on EUR/USD to decline,” Morgan Stanley stated in a latest note,...
FX:EURUSD price currently reaching a perfect buying key area where we expect price to bounce and continue the bullish trend up until it hit out 'take profit'. If you like our idea then please do consider liking the idea or leave comment. Good Luck and Trade Safe.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement RSI - Divergence Break of Structure Falling Wedge in Short Time Frame
I was expecting more upside on EURUSD, but looking at the chart it looks like is going to retrace till support area t 1.080. I am not entering right now, i expect a little bounce and a retest of the resistance zone at 1.09 before the drop. I placed a sell lkimit order here
After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
The EURUSD has reached a critical support level on the daily chart. Look for a potential bounce to retest previous resistance levels.
We expect further upside on this pair, signalled by the formation of an inverse head and shoulders pattern breakout. We can also see the breakout of a key level supports our directional basis
EUR-USD surged up on The news but the pair Is now clearly overbought So after the retest of the Horizontal resistance of 1.09960 we will Be expecting a local correction !
If the calculations were done correctly, the possibility of creating a correction or a downward-corrective step for the Euro-Dollar is conceivable.
EURUSD stalled on Friday, rebounding from the above resistance while creating a bearish pinbar pattern, showing resistance. However, with the previous breakout, EURUSD D1 is still slightly higher in price. The EURUSD H1 chart structure shows that this pair is more bullish, with gradually higher highs and lows along with a bullish channel providing additional...
I'm looking at the EUR/USD retracing from the current level, targeting the previous support level visible on the 4-hour chart. This aligns with my expectation of price rebalancing. If the entry is at the current level, aim for a 1:1 (1R) risk-reward ratio with a SL above the high.
Eurusd's operation advice for next Monday is to pay attention to 1.092 below and 1.096 above in the short term. Buy low and sell high. The subsequent upward trend will focus on the top of 1.098.
On the monthly chart we have a bullish trend. On the weekly charts we have a bearish correction targeting the weak low and forming new lows. On the daily charts we have a bearish set up that is presently in correction mode targeting the disequilibrium at 1.10425. We can only trade this pair once we have a clear signs of bearish or bullish continuation