The Fiber (EUR/ISD) is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support level. Pivot: 1.1109 1st Support: 1.1020 1st Resistance: 1.1195 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...
The EURUSD pair confirmed with last week's closing the start of a new bearish sequence as it closed the 1W candle in deep red below even the 1W MA200 (orange trend-line). This established not only the previous High as the top (Higher Highs trend-line) of the 11-month Channel Up but also posted an identical long-term Top sequence as the July 17 2023 weekly...
EUR/USD is falling towards the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1023 Why we like it: There is a pullback support level which is slightly below the 38.2% Fibonacci retracement. Stop loss: 1.0955 Why we like it: There is a pullback support...
Here we are at the beginning of September, continuing to follow and track the markets as we do with every Sunday markup that we release. This week, we observed a clear bearish movement. As we move into the new week, we have a scenario suggesting that more downside could occur, while also recognizing the liquidity sitting above the highs. It’s important to...
As of the current price of 1.104, the EUR/USD pair continues to exhibit a long-term bearish trend dating back to 2008. The historical chart reveals a clear pattern of price fluctuations within a defined range, oscillating between established support and resistance levels. Currently, the price is approaching a significant resistance zone. This resistance level...
The Fiber (EUR/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 50% Fibonacci support. Pivot: 1.1105 1st Support: 1.1035 1st Resistance: 1.1153 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...
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1150 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1223 Why we like it: There is a resistance level at the...
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1150 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1223 Why we like it: There is a resistance level at the...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.11600 zone, EURUSD is trading in an uptrend and currently seems to be attempting to break it out. if we get dips below the 1.11600 support we will look for a potential retrace of the trend towards downsides. Trade safe, Joe.
Coming into this week, we maintained a very clear bullish directional bias that we identified last week in our analysis. We do not expect this bias to change suddenly. You can see in our chart that we have a straightforward idea, which is a continuation of the trend from the similar trajectory we established last week. However, if the price sells off, giving us a...
The EURUSD pair broke through all major medium-term Resistance levels, with the latest being the 1W MA200, but is now facing perhaps the most important Resistance of all. That is the Lower Highs trend-line, that started during the height of the 2008 U.S. Housing Crisis on July 2008. As you can see on this 1M time-frame, this Resistance is technically the top of...
Hello my guys We have more the more of liquidity So the market should take it So that get energy So I think it will drop
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.11300 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.11300 support and resistance area. Trade safe, Joe.
EURUSD FVG testing and ... to UP we are wating to go about 0.095 price
The EURUSD pair has broken above its 1W MA200 (orange trend-line) for the first time in more than 1 year (since the week of July 17 2023). With this move it entered the (red) Resistance Zone of the practically Rectangle pattern that it has been trading in for more than 1.5 years. Technically, the above conditions offer a great opportunity to sell for the...
Starting off our week as always with EUR/USD, we have a very simple markup for you this week. We liquidated our four-hour high, which was created after the break of the previous structural high. This has now established a clear liquidity trajectory to the upside. We have an area of demand that sits around the 50% level of the last created range. This will be the...
Eurusd is very likely to be heading upwards for this entire week ahead! We are using this private trading indicator attached to our chart to forecast the outcome for EURUSD and based on the indicator EURUSD is a great buy!
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for a pullback to long. daily chart it has hold on to the uptrend line, last few days momentum was to the bull side. Looking at setups for long on this. Also for Eurusd. Do check out my recorded video (in trading ideas) for the week to have more explanation...