Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08600 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance area. Trade safe, Joe.
The Fiber (EUR/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.0860 1st Support: 1.0809 1st Resistance: 1.0911 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...
The ECB is delivering its interest rate decision today, however, most of the action could happen during the press conference. Keep your eyes on that! FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's...
Political uncertainty in the U.S. could significantly impact the EUR/USD as markets brace for tomorrow’s ECB decision. The major political factor may not if President Biden steps down, but who steps up to take his place. Who will the markets like and who will they dislike? This could play out in the EUR/USD. Biden has said he will reevaluate his candidacy if...
EURUSD H4 In addition to GBPUSD, we also have EURUSD which is at a key area of resistance. This 1.09 handle is acting as a whole number resistance price, amongst H4 supply and previous tested resistance. Certainly a good region and zone for a short confluence stack. We will be following EURUSD, GBPUSD and DXY very closely this week as we are trading from some...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08700, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08700 support and resistance area. we would also like to consider the current easing inflation in the US, the previous soft inflation data may take...
The Fiber (EUR/USD) is reacting off the pivot and could potentially drop to the pullback support. Pivot: 1.0900 1st Support: 1.0860 1st Resistance: 1.09226 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,...
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Rising Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0895, positioned close to the breakout...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it some time traded between $1.0850 level and then made a downward impulse. Price broke $1.0850 level and exited from rising channel, after which fell to $1.0720 level and at once bounced up. Next, EUR started...
The EURUSD pair has been trading within a Channel Up pattern and as we mentioned on our previous idea (July 08, see chart below), is aiming for a Higher High target at 1.09500: Since last week, the price is getting closer to our Target and the top of the 3-month Channel Up. Based on the pattern's symmetry and the proportions between the Bullish/ Bearish Legs,...
EUR/USD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08447 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci retracement. Stop loss: 1.08090 Why we like it: There is a pullback support...
EUR/USD is reacting off the pivot which has been identified as a pullback resistance and could reverse to the pullback support. Pivot: 1.0913 1st Support: 1.0843 1st Resistance: 1.0950 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...
EUR/USD is currently on a very strong resistance zone and could reverse from this level to the downside.
The EU this week sits within a bullish trend and bullish range. This, of course, goes against the higher timeframe biases that we have discussed over the last several weeks in our Sunday markups. However, we follow what the price shows us, not what we want it to do. Coming into this week, we have a relatively neutral bias in terms of direction. Bullish, of...
Hello traders, First let's take a deeper look at daily chart!! We are in a bullish leg of a bearish channel. I'm waiting for a reversal to enter around the zone!
EUR/USD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08447 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.08090 Why we like it: There is a pullback support level. Take...
EUR/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.07959 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.07684 Why we like it: There is a pullback support level. Take...
The Fiber (EUR/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.07763 1st Support: 1.07391 1st Resistance: 1.08442 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...