Trading Setup: There is a Trading Signal to Sell in EURUSD Forex Signal (1h)Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0759 ⭕️SL@ 1.0786 🔵TP1@ 1.0666 🔵TP2@ 1.0624 🔵TP3@ 1.0581 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
On our last analysis EURUSD analysis (June 04, see chart below) we mentioned that it was a do-or-die moment for a rejection as it had marginally broken above the top (Lower Highs trend-line) of the 5-month Channel Down: As you can see the price did close all subsequent candles below the top and inside the pattern, hence confirming the rejection bias and that...
The Fiber (EUR/USD) is rising towards the pivot which is an overlap resistance and could reverse to the pullback support. Pivot: 1.07973 1st Support: 1.07298 1st Resistance: 1.08394 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 rising towards a resistance level which is an overlap resistance that lines up with the 23.6% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 1.07943 Why we like it: There is an overlap resistance level which aligns with the 23.6% Fibonacci retracement. Stop loss: 1.08406 Why we like it: There is an...
Starting things off with euro to the USD this pair has finally shifted bearish into the higher time for a narrative we have mentioned so many times over the last fortnight. This means for us this week we are predominantly focusing on bearish movements, as it stands we have an nfp range this is the overall range responsible for shifting us bearish, Within the 4...
EUR/USD Technical Analysis The EUR/USD is trading under bullish pressure towards 1.0950, provided it remains above 1.0872. A correction down to 1.0861 is possible before resuming the bullish trend. However, stability below 1.0861 could support a decline towards 1.0810 and 1.0792. Pivot Price: 1.0872 Resistance Levels: 1.0950, 1.1000, 1.1070 Support Levels:...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08200 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08200 support and resistance area. Trade safe, Joe.
Price is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support. Pivot: 1.09140 1st Support: 1.08408 1st Resistance: 1.09487 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...
Dear traders! A mid-term channel is clear in the chart. A short-term channel is also there! Any breaking below the bottom of short-term channel is hunting liquidity as long as we are perfectly over the zone! Any breaks below the zone alter the bearish scenario! Remember that Final Manufacturing PMI release if USA could change the market direction.
Price is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.08941 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.09159 Why we like it: There is a pullback resistance...
The EURUSD pair cemented a strong rebound yesterday as it broke above the May 16 High, after it held the 1D MA50 (blue trend-line) as Support. This took yesterday's 1D candle exactly at the top (Lower Highs trend-line) of the December 28 2023 Channel Down. This is the last chance for the pair to resume the pattern's downtrend, if today's 1D candle closes inside...
EUR/USD is falling towards a support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08932 Why we like it: There is a pullback support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.08623 Why we like it: There is a pullback support level...
Hey Trader, Check out this analysis on EURUSD. A long entry plan is best above the intraday resistance area. Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered. Trade safe.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from support area, which coincided with support level, and rose to resistance area. Then EUR started to decline in falling channel and soon exited from resistance area, making fake breakout. In channel, price declined until to...
The EUR/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel 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 1.0820, positioned close to the breakout level....
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel 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 1.0850, positioned close to the breakout level. This...
EUR/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.08524 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.08838 Why we like it: There is a pullback resistance...
EURUSD Techncial analyse The price reached the price we mentioned in the previous idea, it was the upper of the channel. Now, after touching the support line the price rebounded and will continue the bullish trend toward 1.08800 and then should break that to get 1.0917 and 1.09575 stability under 1.0796 means will start a bearish trend toward 1.0707, ...