i aspec euro usd to have a fake breakout and hit the 0.618 zone after swaping to a berish market structure
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price disrespected the FVG 2. massive displacement to the upside 3. Price is moving from IRL to ERL 4. Price reacted of weekly FVG (2) Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good...
Looking at the current market structure we, have not broken the 4 hour swing high and we far from the swing low. I expect for the EURUSD to continue on a HTF uptrend it will need to first draw on liquidity below my demand, and then rally up. However due to fomc tomorrow we could see that demand zone get mashed through and it could try to break my send 4 hour...
e/u berish fvg on a 15m TF i aspect e/u to have a short time sell before continuing the up trend making 1 more swing to my flag
Waiting on this 1 hr BOS to buy for next week. Euro appears bullish to me atm.
Range-VAH (Value Area High) and Range-VAL (Value Area Low): Range-VAH: This level is marked at approximately 1.09500 USD. It's the upper boundary of the value area, indicating a strong resistance zone where price action has historically encountered selling pressure. Range-VAL: This level is marked at approximately 1.06926 USD. It's the lower boundary of the value...
Looking to hold for the next 2-3hr. 4hr shows RSI on the upswing, MACD blue line crossing RED. 30Min to confirm. Bought @ 1.08249
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As you can see, I've been short EURUSD since 3/31/24. Last week's CPI report and the build-up before that have turned a profitable trade into a losing one for now. I think the Fed will continue to hold higher rates, and I believe the economy still has some steam. Inflation takes a while to work its way into the economy and takes even longer to get out, so I'm...
We are still expecting Bullish Price Action from the EURUSD pair and currently we await confirmation of the end of the current retracement on the 4h TF. There is some amount of internal liquidity (Bullish FVG) just below the resistance turned support where price is currently sitting on the 4h TF, so a fall below the support is very much possible and may just be...
Eurusd heading down to 1.07300 level after a rejection of daily lower high trend
There is a potential trend reversal on the 4 hour timeframe. Stop loss: 1.0895 Take profit: 1.0765
Hello everyone, let's dive into today's EUR/USD update! Market Insights: The EUR/USD exchange rate has experienced a dip back to 1.0880 this Monday, influenced by comments from Federal Reserve officials that added weight to an otherwise calm market atmosphere. The broader markets are nervously anticipating signs of interest rate cuts from the Fed, but...
The Market most of the time has a pivot point which when prices hit that point it bounces off the point and then goes to hit another pivot point ,I have carefully highlighted the key pivot points in the market for EUrUsd for the market to make a uturn or a reversal in price ,this is very necessary for traders to understand this . Kind Regards
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that some time ago price rebounded from the support level, which coincided with the buyer zone and declined to 1.0650 points. After this, the EUR turned around and started to trades inside an upward pennant, where it in a short time rebounded from the support line and...
Bullish Trend Bullish Flag Can take entry on Breakout with stop loss below flag For educational purpose only.
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement as summer approaches. Looking at the FX:EURUSD chart, we can see lower highs and higher lows forming a triangular pattern. And the market is currently testing the key resistance at 1.08000 and the channel boundary. On...
FX:EURUSD is heading towards trend resistance with interest. This is also supported by the weak dollar, which is standing still. But, the currency pair is still in a bearish trend Buyers are trying to strengthen the euro. On D1 a consolidation format of movement is formed. In this case, the pair may test the trend resistance, but it will be difficult to break...