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Hello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss...
The EUR/USD pair is showing a bearish movement on the 4-hour timeframe as the Elliott Wave 5th wave has completed, and the price has broken out of the ascending trendline. Currently, the price appears to be following an Elliott Wave ABC correction pattern. We should wait for the 50% retracement of the corrective wave to complete before entering a selling position.
Hi Traders, this is another episode of charts247 weekly trade planning session. We believe in trade planning because it helps us identify high-probability forex pairs that we should trade during the week. Below are the indexes based on the 4HR wave structure. DXY: Bullish Reversal (+ve) EXY: Bearish Continuation (-ve) AXY: Reversal (-ve) SXY: Bullish Pullback...
Hello traders, European Central Bank (E.C.B.) is likely to overtake the Fed in terms of rate cuts today in later session. While the Fed has been seen as the global weathervane for monetary policy, the E.C.B. may take more aggressive steps to stimulate growth as pressures on the eurozone economy increase. This CUTTING rate decision could make EURUSD turn down...
I am expecting EURUSD to make a move upward, thereby taking out the previous high before deciding if to continue moving upward.
During a recent rally, the EURUSD exhibited notable bullish momentum. In our video analysis, we explore potential long positions, contingent upon price aligning with our entry criteria. Examining the 4-hour chart, we observe a previous bearish trend that has been interrupted by a bullish market structure breakout. While my bias leans toward a long position, it...
EURUSD: This currency pair in today's session is expected to have a downward adjustment in the context that the ECB will announce that EUR interest rates today are expected to decrease, so it is possible that EURUSD will re-examine the 1.0800 support area first. when the outlook increases again. However, observing on technical factors, the uptrend is still the...
EURUSD: The EUR yesterday adjusted slightly, then increased again in the early morning session this morning. On the H4 frame, it can be seen that the uptrend has returned to dominate before, however in today's session it is expected that the market will largely still accumulate with the advantage of increasing points in the context of quite a lot of negative...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level Impulse Correction
Dollar index has been weak on recent weeks and this move is likely to continue. I expect XETR:DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100 If this move happens then it is good news for pairs like FX:EURUSD and FX:GBPUSD as they are all set to drift north. Fundamentally news have been against the...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: This week on Thursday we will see results...
FX:EURUSD Price is approaching our buying zone, from where we can expect a strong price rebound. Also, we have very important news coming up this week, NFP may have significant impact on the future of this pair. However, as we had mentioned previously that we cannot predict the news, we can only see the chart and analysis what is in front of us. Always, do not...
I'm expecting the price to retrace back down to the 4-hour demand zone. Once it reaches this level, I'll wait for price accumulation to buy back up. If the price breaches this zone due to the Asian low underneath, I'll be more interested in the 6-hour demand zone right below, which looks more probable. I anticipate the price to rise and take out the pool of...
I have a potential EUR/USD SHORT trade from 1.0883. 1.0883 is WR1 (weekly resistance 1) pivot and this pivot co-incides with a line of resistance which was last weeks high (Monday 20th May). This morning, 1.0879 has proven too tough to break for EUR/USD BULLS despite several attemps. It's possible we may see EUR/USD decline from these levels though the proximity...
The main difference between this post and previous analysis is that we've got some reaction from daily supply chain, and from here, we might see further bearish development ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical...
Usd strength! After those talks of Eur rate cuts next week by Euro central bankers. Lower rates means less monies flow into the Eurozone for the Carry trade. USD is taking advantage of this and strengthening. Look at that shooting star candle on the Daily timeframe. What a pre-cursor to a massive selloff on the Eur today. The price action was giving us hints as to...