Welcome to our daily EURUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.10368 Wish you good luck in trading to you all!
EUR/USD is currently trading near the 1.1000 support area, a key psychological level that has historically acted as a strong support. This setup presents an opportunity to go long, aiming for a rebound from this level. Technical Analysis: • Support Zone: The 1.1000 area has acted as a significant support level, with previous price action showing strong buyer...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it at once rose to resistance line and then continued to fall. In a short time, price declined to $1.1135 level, broke it, and then fell to support line, which coincided with $1.1040 level. Next, price bounced...
EURUSD price is near the resistance zone 1.10718. If the price cannot break through, it is expected that the price will drop. Consider selling the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
11th September DXY: Consolidating, should stay below 101.50, CPI Pending, break below trendline to trade down to 100.85, key support at 100.55 NZDUSD: Buy 0.6175 SL 20 TP 60 AUDUSD: Buy 0.6690 SL 30 TP 60 GBPUSD: Sell 1.3115 SL 20 TP 65 or Sell 1.3030 SL 20 TP 60 EURUSD: Could retrace to trendline and reject, Sell 1.1075 SL 20 TP 60 USDJPY: Sell 140.70...
Moving Averages: 20-period EMA (green), 50-period EMA (orange), and 200-period EMA (red) show a clearer short, mid, and long-term trend direction. The price is currently trading below the 200 EMA, which indicates that the overall trend is bearish. The price has moved above the 20 EMA and is challenging the 50 EMA, suggesting a short-term bullish reversal or...
Moving Averages: The 20-period EMA (green line) and 50-period EMA (orange line) are closer to the price and show short to mid-term trend directions. The 200-period EMA (red line) represents the longer-term trend. Currently, the price is above the 200 EMA, indicating a bullish long-term trend. Relative Strength Index (RSI): RSI is slightly below 50 (48.05),...
Based on the H1 chart analysis, wait for the price to pullback to our buy entry at 1.1027. a pullback support level. Our take profit is set at 1.1062, identified as a pullback resistance level close to 38.2% Fibo retracement. The stop loss is placed at 1.1012, which is below swing low support level High Risk Investment Warning Trading Forex/CFDs on margin...
I was initially bearish for yesterday but after I see price base off 5460, I turned bullish, SPX hit 5490, sold down to 5460; which I said will hold. That gave an almost 30pts bounce, but it sold back down perfectly to PZ bottom before the huge up move. Small range day as market awaits possibly presidential debate and also CPI today. Overall, IMO daily is still...
EURUSD is bearish on its 4H technical outlook (RSI = 33.975, MACD = -0.002, ADX = 38.295) as the 2 week Channel Down is on a bearish wave under the 4H MA50 and just over the 4H MA200. Technically this is already LL region but the bottom might take a while to form, as August 29th - Sep 3rd did, grinding inside a Rectangle. Testing the 1D MA50 inside a new Rectangle...
Fundamental Overview: UK Employment Data: The latest employment figures from the UK show a slight improvement in the ILO Unemployment Rate, down to 4.1% from 4.2%, and a significant increase in Employment Change to 265K. However, wage inflation (excluding bonuses) has eased to 5.1% from 5.4%, reflecting slower growth in wages. Although these figures offered...
I believe eurusd is bullish right now because it cleared the sellside liquidity with a wick and there is a 4h bearish fair value gap that has not been filled.
Finally 3° wave should be completed so we can have a rebound until support area above first wave.
Stop Loss = 1.14925 Entry Order = 1.10425 TP1 = 1.05925 Two positions with the same stop loss and x1 target for the first position The stop loss of the second position to breakeven when the first position hits the target1. The second position has no target, only exit Risk= 2% of account capital (1% each position)
Finally got my TP 1 with the Friday plan, after staring at it since Friday. Oh well, now plan is to add on to the swing trade with the next bull back into the green box, which is the range 50% Ich. I'd be happy with it. I do not like the dollar. It didn't take a high while market makers were heavily selling off. So, it's like always nothing lines up great, but oh well.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10400 zone, EURUSD is trading in a down trend and currently is in a correction phase in which it is approaching the trend at 1.10400 support and resistance area. Trade safe, Joe.
Pair Name : EUR/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.10200 Area Reasons...
I'm a little late to the trade because I missed the retest of the 1.095 Bi-monthly level, but a new setup above 1.103 is still valid. The monthly trend has just issued a bullish signal. This is something that hasn't happened since Nov '20 so I think it is worth the risk after so many attempts to break out of this range. Will love to see this close above...