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...
Hello traders.. Ever Since April 16th we can observe a pullback on Eurusd. We recieved bullish fedspeak on April 16th, as Chairman Powell mentioned the recent interest rate hike intervention is not having it's intended affect. The jobs market is hot but the real issue is 2 consecutive months of increasing inflation. This issue may cause interest rates to remain...
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
Hello traders.. For EurUsd we observed a very nice swing to the upside over the previous day of trading as decent Eur data beat Usd data for services and manufacturing PMI. We saw initial upside with the Eur data shortly after London open and this was followed by a pullback. Only until more data was released during NY session , we were to see another bounce to the...
Not unexpectedly, EURUSD began to adjust yesterday after a strong decline. The price officially confirmed the new bottom and lifted the pair towards 1.0678 in the first trading hours of Thursday! Accordingly, the EURUSD rally is underpinned by renewed selling pressure in the US Dollar and a risk-friendly environment. Markets remain optimistic about avoiding a...
On an hourly timefraame, EURUSD printed Bullish Divergence followed by a Bullish Pennant Pattern suggesting a Bullish shift.
Entry is suggested on the breakout of previous high with a stop loss on previous low. TP levels are suggested with Risk Reward Ratio of 1:1 and 1:2
In the 4-hour timeframe, EUR/USD appears to be exhibiting a bearish trend as it tracks within a descending channel pattern. This pattern suggests that sellers are exerting control over the market, leading to lower highs and lower lows. Traders may look for opportunities to enter short positions, targeting potential support levels within the channel. However, it's...
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...
EURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis.
Key Levels and Fibonacci Retracement:
Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance....
The US economic system acquired a super improve from an first rate growth in retail income in March, which contributed to a sturdy monetary enlargement and a massive strengthening of the greenback. in comparison to different principal currencies.
The greenback`s upward push comes amid issues approximately China's economic system, which, despite the fact that...
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
I am waiting to enter long on EURUSD. The price has just made a lower low and usually this could lead to a reversal point. I marked a short term bearish trendline and i will wait for a break above this trendline before entering in a long trade.
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...
When we observe the movement in the EURUSD Forex pair;
Let's try by opening a short trade :
Current Leverage : 100x
Position Size : %3 - %3.5
Stop-Loss : 1.09425
Take Profit Level : 1.06692
EURUSD is currently moving towards an Extreme Point of Interest (POI) Zone. This is the final POI in the recent trading range, and below this POI, there is no unmitigated area. Despite the market being heavily bearish, we can expect a bullish reaction when the price touches this zone.
