My forecast for this week. The dollar remains bearish until economic data improves. EUR/USD remains in an uptrend. Waiting for a EUR/USD Retracement before taking a long position.
As we can see, the market is currently forming a clear triangle pattern, which is a trend continuation pattern. Given the bullish rally we experienced beforehand, it makes sense to anticipate the market moving higher. On the daily timeframe, we see a long-tailed candle that took out liquidity at Thursday's lows. I think this could lead to a test of the support...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once bounced from support level and fell to support line of channel. Then Euro at once bounced up to support area, some time traded there, and soon broke $1.0725 level again. Next, price rose to resistance...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0833 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0849 About Used Indicators: By the very nature of the supertrend...
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...
On Thursday, the EUR/USD pair experienced a slight decline and held steady into early Friday, hovering around the 1.0850 mark as the U.S. dollar gradually recouped its losses from earlier in the week. Despite this minor pullback, the currency pair has still seen a notable increase over the trading week, preserving its upward price trajectory. As long as buyers...
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...
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...
Looking for a sell opportunity in EU. Reason to sell: 1. breakdown and retest the uptrend in many times in 5 minute chart. Use proper risk management. Thank you
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.
The EUR/USD exchange rate declined on Wednesday after the latest Federal Reserve (Fed) meeting minutes revealed that the Federal Open Market Committee (FOMC) remains steadfast in waiting for more evidence that inflation will decrease to 2%. This has lowered risk appetite, as investors continue to hope for dovish signals from the US central bank. EUR/USD is...
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...
Traders! keep up with EURUSD keep your eyes on EU shall we see a bullish pump? what would make EURUSD pump fundamentally? what do expect about EURUSD? share your ideas and suggestions about EURUSD with me and other participants. good luck.
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...