Hello traders. we had from the beginning of this week an upward movement EURUSD, but yet we had DXY breaking through the roof. bearish was expected. today with Non farm payroll what to expect from the forex markets? I'm not sure if I'll be trading news but if the conditions look fine I may end up trading them.
The euro against the dollar, the trend is down, but it needs to test the clear level on the chart, and then return to the bottom
Long-term trend is strongly bearish. Mid-term trend is almost bearish We are at overbought half of the mid term bearish linear regression channel! A strong Bearish candle indicate presence of strong sellers There might be another Bearish move Regarding to 3 RtoR this trade is rational. Don't forget about Risk and Money management.
Eur/USD Downside all-ready for 1 year. Due to Upcoming Euro-Energy Related recession the downside risk is very high. Eur/USD bellow trendline support, with an exact rejection. Pivot dates marked with possible targets.
Hey traders, in today.s trading session we are monitoring EURUSD for a buying opportunity around 1.069 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Please Like, Share & Comment on my post. I am looking for potential short on EUR/USD Price has now BOS on the 1hr timeframe and is also creating LH's and LL's, there is a shift in market structure. 78.60% is a key level for entry which resistance at this level. Happy Trading Traders.
Hello Everyone this is my update on Next week, on the chart we might have a head and shoulder pattern which will help sellers to gain more strength and push market downward, Other Information you can see on the chart with my possible entries. NB; Im a Beginner More comments will help me very much. hank you
The analysis depends on 3 scenarios only, follow the drawing and prices How to take advantage of this idea: Penetrating the orange trend line, we enter a buy transaction with the aim of the black trend line Breaking the black trend line, we will enter a buy deal with a retest, it will be a very excellent deal Breaking the key area and holding it below it with...
EUR/USD has been bearish since June 2021 at Monthly structure breakout. Finally price has closed below monthly trend support confirming another selling signal on Monthly TF. Price is most likely to drop at 0.85 zone before December 2022. Please remember this is Monthly TF so you must be very cautious about your SL. (above trend support).
It's still more likely to see a move up to 1,1200. We're not looking to buy right now but instead, we will look for selling opportunities above the 1,1200 level. That's why we're constantly monitoring this pair and waiting for the right moment. Like we said on Friday, in case of a strong USD we will trade EURUSD and GBPUSD and if we have a weak USD, then we...
Daily: Ascending Wedge pattern, Ranging up between the Daily Swing High and Low. 4H: Pushing down past the 4H CHoC, Retested the structure and continued moving down. Not currently mad a Lower High and retest. 1H, We have had an 1H BoS, price currently broken 1H CHoC, LL formed, waiting for LH to form, Bearish candle to enter trade to the downside, aiming for...
15 MIN BOS. Creating LQ to swipe up to the last point of sell to resell R/R 1-16
EUR/USD seems to be continuing its downward movement. In the H4 charts, a falling wedge is observed with nearest support at $1.1010, and nearest resistance at $1.1090 Price is, currently, below all the Moving Averages of 5-day, 20-day and 200-day.
Based on the current Daily trend, I see the EUR/USD falling to the May 2020 price level of 1.0800, and potentially lower. I will wait for a confirmation of a closed candle below that price level on the 1H timeframe before entering.
Short below low of prev candle....RRR .6 :1...One can tgt even lower Support lines
This is a simple bearish wedge pattern. i expect a push upward to the trendline before price would come down
Short now for tgt shown...RRR 1:1...maintain SL as per instructions...