EURUSD
New forecast
The EUR/USD pair is trading around support for the ascending corrective channel at 1.0540 , and trying to break it . because Breaking it will lead the price to head towards achieving further expected declines during the coming period, targeting visiting the 1.0496 level as the next aim.
Therefore the downward trend scenario will be remain...
EURUSD
New forecast
The price of EUR/USD pair confirm the breach the resistance zone at 1.0632 which leads to rise up during coming period and targeting 1.0660 as a next positive station and breach the mentioned level will extend to 1.0686.
Therefore the uptrend scenario will be remain valid and affective supported by moving average 50 that is continues to...
EURUSD
New forecast
Trading in the EUR/USD pair fluctuates without support for the ascending channel, waiting to contribute to pushing the price down and stabilizing the price below the 1.0540 level during the coming sessions, remembering that our next target is at 1.0496.
Therefore, the downward trend scenario will remain valid and effective supported by 50...
EURUSD
New forecast
The euro/dollar pair continued to rise, breaching the 1.0545 level and settling above it, heading towards making some upward correction, targeting testing the 1.0608 level as a stop.
Therefore, a bearish bias will be likely for today supported by bearish channel , so as long as the price is trading below a barrier the price will try to...
Our 12 AM 1HR Candle is GREEN indicating we are looking for the BEARISH play.
Narrative: We want price to continue to sell down to the 3rd Standard Deviation and sell to the break out traders at a discount:)
So we can trade today's price action BOTH ways. We sell to to the 3rd Standard deviation taking partials at the top and middle of our standard...
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said has the potential to reach the target and this happened. For now you have to be very very careful and even consider a bull trap. If and only If the resistance base is broken and price stabilizes above that, you can...
💶EUR/USD Euro is growing in strength
💶The euro is showing signs of strength in the current week. Is a correction in the downtrend getting ready?
💶Looking at the Unemployment rate in the Eurozone, it stands at 6.6%, the lowest on record.
💶Inflation is already close to 10% and on the 31st when there will be a flash year-on-year reading it is forecast to be...
So this is my analysis for the coming days ahead for EURUSD.....Inside my 4 hour demand, i have 2 demand zones. A primart and a secondary demand zone.... But in order foro price to go that deep into tapping my demand zones, i'd expect it to mitigate the supply zone marked above by a pink rectangle for momentum downwards.
Hi Traders, this is just my ANALYSIS so PLEASE BE RESPONSIBLE with your own Trades. I am posting this for my Portfolio and Trading Journal Purposes so that I can review my past trades with my Progress anytime.
I am still a NEWBIE and still in a Learning Process...
FEEL FREE TO LEAVE A COMMENT!
Thank You!
- TCT
As per my previous trade ideas. We sell because the daily candle keep rejecting the top bollinger bands. As you see above the daily candle already close on the top bollinger bands. Which indicates it is following the monthly direction. Starting from this point it is safe to assume that EURUSD price gonna rise up in the next few weeks. Be careful in finding entry...
