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
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Fibonacci Level - 61.80% / 78.60%
EURUSD recovered significantly in the past session from the support area of 1.08. Overall developments are still favorable for the buying strategy. You continue to hold existing positions, the target is still around the threshold. 1.09 and 1.10.
We have a Fresh Weekly Demand and a Fresh Weekly Supply areas formed, Now Price has just reacted to the Weekly Demand and post a Confirmation in lower timeframes in the Upward direction(In the direction of the Trend), we will buy with a defined risk. We see that the previous High is violated and a potential 4H Demand has formed, now there are two...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement RSI - Divergence Fibonacci Level - 50.00% / 61.80% Completed " 12345 " Impulsive Waves and " A " Corrective Waves
FX:EURUSD : on the daily chart we have a Market Structure Shift (MSS). we can clearly distinguish the beginning of a retracement which will come to an end in two scenarios. the first scenario is the blank one that the market will try to hit the lower liquidity by beating the gap. the second scenario will instead bounce on the first lower gap attracted by the...
The weekly candle will do 1 of 2 things today. It will 1) pull up and continue our bullish momentum from last week ( which is quickly becoming distant) or 2) Retrace back down towards 1.074 weekly level which we bounced strong off last week with optimistic Cad data as our catalyst 0:0 Intro Monthly/Timeframe 0:58 Daily timeframe 3:43 Weekly timeframe 5:43 4Hr...