EURUSD: DXY is likely to remain volatile due to NFP and other factors such as fear of recession is extremely high among investors. This is where USD remain almost bullish and in these kind of situations price tends to remain bearish on EURUSD. We are waiting for price to come to our area of entry, where we can enter with 70-80 PIPS stop loss. The 'Target...
EURUSD is up almost +1.80% since the October 3rd low and the 1D technical outlook switched back to a neutral state (RSI = 48.454, MACD = -0.004, ADX = 28.741). The 1D MACD is after a Bullish Cross and that's typical of the last two market Lows turned into bullish reversals. To be more precise, both of those patterns formed W-reversals before testing the 1D MA50....
EURUSD New forecast Trading in the euro/dollar pair stabilizes below the level of 1.0510, and has been fluctuating along a sideways path since yesterday. Therefore, there is no change in the expected bearish trend scenario for the coming period, whose next targets are at 1.0440 and then 1.0408 after crossing the previous level. The descending channel supports...
Price has broken the 1.05100 area, a retest of that same zone and its rejection to confirm continuation will be a good entry point. Be sure to see the rejection of zone and the continuation Better to let market tell you its flow and you respond to it rather than attempt to predict it. Disclaimer: All trade ideas are given for educational purposes and should not...
EURUSD is having a Double Top rejection on the 4H MA50, always within the tight borders of the middle July Channel Down. The 1D technical outlook is bearish (RSI = 32.644, MACD = -0.008, ADX = 39.390) and that's all that matters right now as it sets the bearish pace inside the Channel. Out of a 5 similar rejection sample inside this Channel, four have delivered a...
The dollar starts the week slightly lower, with the DXY dollar index down 0.1% at 106.10, but the falls aren't convincing enough to look like they could mark the start of a downward trend, analysts at UniCredit Research say in a note. "We remain skeptical that a shift in sentiment has occurred," they say. The dollar's falls on Friday could simply represent...
EURUSD EURUSD hit rock bottom on Wednesday when it dropped to 1.0487 lowest since early march, this is all because of investors continue to be more interested in US DOLLAR. However, after analysing we find out that there few key economic factors that may play a huge role in the future of this pair. If ECB conveys tough message against inflation, this will...
Already broke out of the consolidation phase and looking sweet for another short to continue with our existing short Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Analyzing the EURUSD currency pair, we've detected a significant development: it has now reached a crucial support level following a substantial bearish trend. At this juncture, it becomes evident that the price is overextended, potentially indicating an impending retracement. In the accompanying video, we provide a comprehensive exploration of essential factors,...
There are some positions to buy EURUSD easily after breaking the range, but this could be also a trap for buyers!
The U.S. dollar was still very strong last week. However, it did not break through a new high. It continued to fall in the next two trading days. So I think the price of the euro against the U.S. dollar will continue to fall next week. trading signals sell1.1140 tp1.0500 Share free trading signals every day, if you need, please join me
EURUSD is currently undergoing a retracement, approaching my initial entry point, which presents an opportune moment for a potential re-entry. Upon the completion of this retracement, I anticipate a continued downward trajectory for EURUSD, potentially leading to the establishment of a new lower low.
Take your trade on parallel channel breakout. Manage your risk!
Here is my analysis for EURUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EUR-USD will soon hit A support level of 1.068 From where I think we will See a local bullish rebound !
EURUSD flirting on resistance price zone at €1.08 but also still on support trendline daily. Usually, based on price behavior (human psychology, maybe?), selling is stronger at below exact round number (below € 1.10), so I'm bearish for this pair. If it fall, target@TP1 should at €1.06 (200 pips), TP2 €1.04 (400 pips) and TP3 €1.02 (600 pips). Waiting for it to...
The answer for a decisive trend. Bulls need to show up quickly or otherwise an upward trend in EURUSD will be under question. If it breaks, the new short opportunities will emerge. Stay tuned. -Signalwyse Team
I don't see bullish acton on bottom om H4/H1 therefore for me still down. Good place for looking entry is top line op channel When I will structure on M5 for entry I will open sell order.