Hello There!
Welcome to my new analysis of EURUSD from several timeframe perspectives, on the current underlying market dynamics, and on what should be expected within the current market. There is a main primary indication, the massively spreading inflation within the EUR that is creating a huge inflation gap between the EUR and USD, and when such an inflation...
M Formation on a large scale has formed.
We had the price break below and then retest the pattern once again.
Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue.
200>21>7 (bearish)
RSI<50 (Lower highs)
Target -0.8200
SMC
(Buy Side Liquidity...
The dollar currency index has been in down trend for more than one month now.On friday last week it has completed the small impulse trend and correction and the new impulse has just begun now and the next downside targets are 103.56 and 103.03 levels.
This forex pair has been in uptrend degree structure.Currently the micro degree impulse trend has been completed and now the new trend impulse has target the target for it is 1.2546.
✅USD_CHF broke the falling resistance
So after the pullback and retest
A move up is to be expected
To retest the level above
LONG🚀
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Good Monday Trader,
please see my current idea on the EURUSD pair, where my count suggests the next impulsive starting from now, in order to build up our wave 3. I expect our bottom here soon, since we corrected as Flat characterized by a wave B making a new high. Currently we are building our wave C as an ending diagonal, why I assume that our bottom is not...
USDCAD
Killzone was broken for continutation to the upside. Waiting for this pair to TEST the previous high point to determine which direction the markets will go.
AUDCAD has reached the important level.
I expect rejection from 94.000, there are 3 important points with significant clues towards bearish bias.
- DAILY KEY LEVEL
- REALLY STRONG TREND LINE
- STRONG PRICE 94.000
I'm bullish on an entry for the EURUSD pair that would be less than a five day hold. Right now, I think it is reaching the tip of the current bullish pattern but has some positive support to continue picking up the next few days. That being said, keep in mind that everything I say is on an opinion based basis. Please do your own due diligence and proceed with...
