Hello dear traders! Overall, as Conan mentioned in the previous analysis EURUSD is mostly showing good growth prospects in all time frames, The main pair's price increase is supported by the softer Greenback. EU is currently trading around 1.08816, higher than 1.0875 on Monday in the early hours of trading in Asia and up 0.14% on the day as measured by...
EURUSD keeps its direction and we expect to see another peak. On Friday we saw a correction and higher low. The next support levels: 1,0899 1,0927 1,0948 Lower the risk if the price hits these levels. The upside move goes awry upon a drop below the previous low.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
After first trade setup posted this morning, had another look, and thinking there could be continued dxy weakness will drive up eurusd. Levels as marked
Based on the m15 chart analysis, we can see that the price is rising toward our sell entry at 11.0878, which is an overlap resistance. Our take profit will be at 1.0855, a pullback support level. The stop loss will be placed at 1.0878, above the resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
📌After strong gains on Wednesday, EUR/USD struggled to maintain upward momentum and closed slightly lower on Thursday. The pair rebounded on Thursday with USD weakness following the news. Unemployment claims announced. Up to now this pair has remained relatively calm, holding around the 1.0870 level. 📌The ECB is weighing the extent of interest rate cuts after the...
EURUSD made a good dip for a long (did not hit the buy level perfectly so it could be not a buy for you). Price action is bullish on daily and weekly for further upside this week. Possible dip, but overall looking at 1.0857 to hold for further upside to 1.0905 and 1.0929.
On Friday - 17 may 2024, price tapped by in to the 1H orderblock at the 1.08357 price level. Structure on the same timeframe confirms bullish price action with the continuation of higher highs and higher lows. Further bullish price action is expected during the London session when volume returns to the market. At this point, we are expecting bullish order flow...
- Based on fib levels - Fib Inverse extention as well as fib extention lines up
EUR/USD Trade Hits Target at 1.0650 by July 2024 The EUR/USD currency pair has reached a significant level as the short trade hits its target at 1.0650 by July 2024. The pair's downward movement has been influenced by various factors, including economic data, central bank policies, and market sentiment. The US dollar has shown strength in recent months, driven...
The Fiber (EUR/USD) is rising towards the pivot and could potentially drop to the 1st support. Pivot: 1.08843 1st Support: 1.08350 1st Resistance: 1.09356 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
EURUSD has been trading in a strong Bullish Trend, following which, a strong Bearish Divergence has been observed on the 1 hour RSI. The divergence has pushed the price action down, which currently seems to be printing new lows - a potential reversal into a strong Bearish trend. If the price action breaks out the 1.08215 level, the price could continue in a...
Sentiment : Bearish On 8H, Daily and Weekly, we can see a clear head and shoulders. March seems to be giving the final leg of the right shoulder. Looking from the start of year, we had a bearish impulse followed by retracement. Retracement hit 61.8 fib a rejected perfectly into another bearish leg (finishing right shoulder of H&S pattern mentioned)...
Hey Traders, in tomorrow's trading session we are monitoring EURUSD for a buying opportunity around 1.08100 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08100 support and resistance area. Trade safe, Joe.
i personally think that the price should hit 1.05750-1.05000 before it goes up to 1.15000 so here is my idea: this massive upward movement is a wave C of a flat correction. this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.07900 to 1.07835. Additionally, medium-risk buy zone between 1.08300-1.08230 respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.07900 and 1.07835, serving as a...
Fair value gap with order block in 15m to 5m timeframe bullish move is