Euro-dollar
Bullish or Bearish...? Multi Time Frame Analysis
Hey guys!
Over the past 2 weeks, we have seen the EURUSD pair go deep down. The beautiful part is that it played out well according to our analysis and prediction. So let's try again.
This time, we see this pair switch like a flipped coin from a long bearish to a steep bullish climb. Will this be the end of the bearishness, and are the Bulls to resume taking prices higher?
Or is this just one of those usual bullish pullbacks within a larger timeframe Bearish swing?
Watch this short Multi Time Frame Analysis to find out.
Please share your thoughts on this pair's price movement. Dont forget to Boost and to share with other traders
Xau/UsdHello traders!
As we can see, the couple entered the channel scheme. All we have to do now is to wait for the confirmation to sell. I think that the max level is 2255.00. We have 2 versions: The first version is for the pair to go down directly to the quote where it is. The second version is for the price to reach the level of 2255.00 and then to fall. Patience is the key. Target 1950.00. Be careful! Don`t forget to look at the economic calendar!
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Lower Prices Expected on the EURUSDOn the Weekly chart, we witnessed a few months back how price soared into the Weekly reversal zone. Since its entry into that zone, the market turned bearish and we took on a bearish perspective for this pair. Since then, we have seen this pair continue to melt bearish.
Price is expected to dip all the way down to our Weekly liquidity level at 1.04469, and beyond.
Upon attaining that level, prices is expected to witness a major bullish pullback into the bearishi swing.
On the smaller timeframes of the Daily down to the 1 hour, we will look to spot our trends that align with the higher timeframe perspective. This is the best way to trade, to avoid being caught up in a reversal or unclear market conditions.
EURUSD Top Down Analysis for todayIn this video, we take a close look at the EURUSD pair to ascertain where it is going.
Our analysis reveals we are to expect short-term bullishness on the 1 hour to drive prices into our 4 hour PB, following which prices are expected to drop significantly towards the 4 hour liquidity target.
A quick Top Down Analysis on the EURUSDHelo students and traders.
Here is a quick top down analysis on the EURUSD.
By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame.
Because we believe in trading the smaller timeframe in the direction of the larger timeframe, we will want to hold on to the perspectives of the Weekly and the 1 hour charts, and will be looking to trade this pair bearish.
Find out how we arrived at this perspective...
Near 1000 Pip Dip ExpectedThe EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4.
Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were able to find and mark our order block and refine it to the expected reversal zone.
Last week saw prices come into our zone and push away in a bid to commence the reversal. If this perspective holds, this pair is expected to dip all the way down to take out the liquidity target at 1.4663 and push beyond it.
This down extension push is expected to give us a push in excess of 700 pips and can push as far as 1000 pips and more.
EUR-USD Risky Short From Resistance! Sell!
Hello,Traders!
EUR-USD is trading in a
Strong uptrend but the
Pair will soon hit a horizontal
Resistance level of 1.1016
From where I will be expecting
A local bearish correction
Because the pair is overbought
Sell!
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Eur/Usd (1h)Hello traders!
It is clearly seen that the couple has broken the line. In my opinion, the price will go to test the level of 1.0800 and then a decrease to the level of 1.0755, where this level will bring a confirmation for an increase with a target of 1.0965. Be careful, as Wednesday is the FOMC. Be patient and wait for the break to enter the trade. Be careful!
Don`t forget to look at the economic calendar!
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THANK YOU!
GOOD LUCK!
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EUR-USD Long Update: Wedge Breakout! Buy!
Hello,Traders!
EUR-USD has finally reached
A horizontal support of 1.075
And we are seeing a bullish breakout
From the narrowing wedge pattern
Which reinforces our bullish bias
And makes us expect a move up
Buy!
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Some Bullishness ExpectedToday, we will be looking at this pair from the 4 hour perspective. On this timeframe, we have seen the market continue to make higher highs and higher lows over the past 2 weeks. This up trend is expected tocontinue for a little longer.
From our analysis, the market is current making 4 PBs to the top side. We expect to see some retracement at this level to bring prices into our PB, and possibly into our refined zone, from where we will be looking to see prices reverse bullish and go all the way to the our daily liquidity target at the top.
It is expected that prices will continue to move bullish until it gets to our weekly zone above.
Is the 4-Hour Direction dictating the Bullishness...?From our analysis yesterday, we had a strong bias of dual direction on this pair. While the daily and 1 hour charts were saying the markets will be going bearish, the 4-hour was holding a bullish sway.
Yesterday, we saw the markets take a strong bullish swing that completely up-turned the bearish bias. We now have a bullish bias on both the 1 hour and 4 hour charts.
So let's analysis this market from the 1 hour perspective.
On the 1 hour, the market is in a bullish PB. It has gone on to make a high that is really up high. If the market begins to retrace at this level, we will look to see prices come into our refined zone, and from there look to take a bullish position. When that happens, our target would be the liquidity target above.
By this, it is clear that we are currently looking to have a bearish retracement into our PB and ultimately the 1 hour zone, but we need to have a confirmation before we can say for sure that the pullback has commenced.