FX:EURUSD Overall structure based on the weekly, daily 4h and 1h is bearish. Price closed below 1.08368 4h support and made a retest as resistance with a bullish engulfing candlestick being an entry confirmation to continue sell bias
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. 1. Market Psychology and Greed/Fear Dynamics Trader psychology plays a significant role in market movements. As prices rise, greed may drive buying, causing the market to become overbought (likewise when market is down). Eventually, fear sets in as traders worry...
In the 24-hour perspective, the EUR dropped to 1.0827 last Friday before rebounding and closing relatively unchanged at 1.0881 (-0.05%). As highlighted on Monday, although selling pressure seemed to ease, there was a possibility for the EUR to decline to 1.0810 before a potential sustained recovery. In New York trading, the EUR dipped to 1.0802 before staging a...
#EURUSD 1W The weekly timeframe is also no less interesting. I mentioned last week that from the perspective of the weekly timeframe, until the price is firmly above the specified fractal, we are and have been in a short context, and all movement represents a simple correction.
#EURUSD On the daily timeframe, the Euro has broken the market structure. The first target in the current movement will be the daily FVG (Fractal Value Gap), after which I would like to see an overlap of the imbalance above. The next target will be the nearest fractal minimum.
✅EUR_USD was trading in an Uptrend and the pair has formed A bearish flag pattern but then we Saw a bearish breakout which Is confirmed and I will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The EURUSD pair gave us a very successful sell signal two weeks ago (see chart below) and is on its way to hit our 1.07650 medium-term target: What we haven't at the time considered as a possibility, but we clearly see it now, is the emergence of a Channel Down, if of course the November 29 High holds, that can break the current Megaphone pattern downwards,...
Hello,Traders! EUR-USD broke out of the Rising parallel channel And the breakout is confirmed So its highly likely for us To see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Because olymp trade and a suck plat form they are forcing the market to go short
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Here are 5 reasons why it is too RISKY and you should'nt do it! > Challenges to recover - Large losses require proportionally larger gains to recover. A 50% drawdown requires you to have a gain of 100% to BREAKEVEN! > Emotional Stresses - Trading with such...
EUR/USD rallied vigorously in November, but has started to retrace some of that advance in recent days, with bearish pressure easing as prices tested the 200-day simple moving average. It is important for bulls to defend this technical indicator, which currently symbolizes support; a failure to do so could result in a decline toward 1.0765, followed by 1.0650. On...
The price perfectly fulfills my last idea. The market is heading towards the support level. The price made impulse leg downwards. The market broke through the upward channel and fixed below. If it pulls back to swing area and rejects it, then we might see a further downward move because strong rebound from the daily resistance zone. My goal is the previous support...
H4 - Bearish divergence. Most recent uptrend line breakout. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
This is my Intraday analysis on EURUSD for 5 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. Swing low and last demand for potential buys. 3. Price created a bearish iBOS which confirmed the Swing High and the Pullback...
EURUSD fluctuates downward in the short term, and the short trend takes advantage. At present, you can pay attention to the resistance near 1.0880. If the rebound encounters resistance, you can consider shorting. At the bottom, focus on 1.0750. After falling below, the lower support will be around 1.0700.
EURUSD continues its daily correction after reaching 1,1000. Yesterday failed to start an upside move and we saw break out of the previous low. No growth for new trades at current levels. Important daily support levels are 1,0800 and 1,0665. There will be new opportunities in the coming days.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0878, which is an overlap resistance that aligns with the 38.2% Fibo retracement. Our take profit will be at 1.0773, a pullback support level. The stop loss will be placed at 1.0966, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
OANDA:EURUSD caught a small lift against the Greenback (USD) in early Tuesday trading before reversing direction and heading back into bearish territory and is now probing into the OANDA:EURUSD pair's lowest prices in half a year. The broad US Dollar Index (DXY) is seeing a healthy bid across the markets, bolstered by a jump in US Treasury yields. German...