Hi fellow traders, EURUSD is ready to make a move higher from the blue box after completing the correction. Target the 1.0857 level. Good luck and trade safe!
EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the...
Hello, friends. Nice to meet you I hope you all have a good day The candle is located inside the Ascending Broadcasting pattern and can be dip once more towards the RED line. And if it get to the RED line, We expect to see a successful rebound and break through the Ascending Broadening pattern upper line.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Impulse Correction Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Correction Fibonacci Level - 78.60%
Hi Traders, it's time to sell and sleep on it. have good trade.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure Fibonacci Level - 61.80% Bullish Channel as an Corrective Pattern in Short Time Frame Fake Breakout
Price rejected at 1.07526 with stronger wick rejections, suggesting further drop in price is inevitable, alongside DXY failed to make major bearish correction. Currently, DXY is extremely bullish and it is likely to remain that way until friday where we will be having NFP(NON-FARM PAYROLL). Price can drop until our entry point at 1.05204 where in our opinion price...
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line Completed " 1234 " Impulsive Waves RSI - Divergence Break of Structure Bullish Channel in Short Time Frame
#forex #EURUSD #EUR GPW:EUR #trading - SMC - Next Possible Move - ⏳
Price tapped into a weekly POI last week but left a liquidity pool that still needs to be mitigated. This couple up with a strong DXY (Dollar) promotes the idea that the market may be bearish. Looking at the analysis we have already tapped into an imbalance on the daily which may act as a resistance and we have broken out of that bearish flag. I am waiting to see...
Technical analysis OANDA:EURUSD OANDA:EURUSD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day. OANDA:EURUSD edged slightly higher after testing 1.0600. The Relative Strength...
Hey, guys. Friends who are tired of the continuous decline, Look at this chart. I got two clear signals of a rebound. If the candles don't breakdown gray zone in current position, and don't close down. That is cleary condition that candles rise up.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 1234 " Impulsive Waves
In this video, we explore a trading approach for the EURUSD pair. Our analysis suggests a potential trading opportunity. We provide an extensive analysis of the current price trends, carefully assess the market structure, and consider the dynamics of the market. When conditions are favorable, we identify a possible entry point. However, it’s critical to highlight...
EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields. On the upside, EUR/USD is projected to find early resistance at the key 200-day SMA of 1.0827, ahead of the April top of 1.0885...
EURUSD turned oversold today on its 1D technical outlook (RSI = 29.517, MACD = -0.004, ADX = 31.573) as it failed to sustain the rebound during the early session. The long term pattern is a Channel Down since the start of the year and this is the second bearish wave for a LL. The 1D MACD is on the second Bearish Cross inside 30 days and even though a short term...
Pair :EURUSD ( EURO / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Completed " 12345 " and " AB " Corrective Waves Symmetrical Triangle in Short Time Frame Impulse Correction