EURUSD moved perfectly as per plan given; was bearish and that PZ to hold the highs as it trended down 50pips after rejection off 1.1090 strong level and move lower. 1.1023 is my target and we are almost there. DXY is also above the 101.54 target I gave yesterday. For today, IMO, will be a bit tricky. Price is at previous support, thus could see a bounce from...
Analysis: On the EUR/USD 1-hour time frame, we can observe bearish momentum. Price has been steadily declining, forming lower highs and lower lows, indicating that sellers are currently in control. We are approaching a potential support zone , which has acted as support in the past. If the price holds at this level, we could see a bounce or consolidation....
The EUR/USD pair has formed a double-top pattern on the weekly chart with the top range near 1.1200. Looking for other confirmation I found the following for this pair: With these confirmations, I am looking for this pair to continue in the downward direction
✅EUR_USD fell down sharply But a strong support level was hit at 1.1026 Thus as a rebound is already happening A move up towards the target shall follow at 1.1045 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10600 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.10600 support and resistance zone. Trade safe, Joe.
Bank of America (BofA) is in line with market expectations, predicting that the European Central Bank (ECB) will announce a 25-basis point rate cut in its decision this week. BofA also foresees a modest downside risk for the EUR, driven by a potential dovish shift in the ECB's forward guidance. In the EUR/USD, recent price action saw lower lows and lower highs...
Pair Name =EURUSD Timeframe = D1 Analysis = technical + fundamentals Trend = Bearish Explaination :- EURUSD is following the bearish trend for few more pips. after that it can again follow bullish move. there is a strong support available
EUR/USD is showing bearish momentum as we approach the New York open. The USD is displaying strength, and we anticipate a continuation of the downtrend. This short setup targets the 1.1033 area, capitalizing on the current market sentiment. Chart Analysis: • Bearish Trend: The 15-minute chart indicates a clear downtrend with recent price action confirming...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for EURUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.104. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.106 level soon. P.S The term oversold refers to a...
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 1.10665 Wish you good luck in trading to you all!
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to upward channel, where it at once made a first gap and then broke the 1.0780 level, which coincided with the buyer zone. Then price rose to the resistance line of the channel, making a second gap, after which turned around and in a short time...
Ik neem nog een keer een long entree op EU. De vorige was op BE gesloten maar ik denk dat we nog een laatste push omhoog krijgen voordat we verder naar beneden gaan. Al ligt dat natuurlijk ook aan de cijfers die aankomende woensdag uitkomen zoals de rente verlaging. EU blijft ook sterk terug komen op de entree prijs wat een teken is van kracht. ------ I'm...
Now securing first tp just in case it will consolidate around , 2% is ok, stop Behind 1.10910for secure management and overall not bad last weeks news trading , stil in daily we are bearish against very bullish trend so , i do not enter trades with swing stops i scalp into bears as long as i can and aviously it will stop me out somepoint, but lets see if we get to...
EURUSD has formed a tweezer candle pattern on the weekly chart, indicating a potential reversal. This pattern suggests that the recent move may have been a false breakout above 1.1200. Since June, the pair has seen a strong bullish run, and it now seems poised for a correction. We could see a complex pullback, potentially forming an ABC pattern, as the price has...
9th September DXY: Currently at 101.50, just below bearish trendline. If trendline broken and above 101.60, could trade up to resistance of 102 NZDUSD: Sell 0.6125 SL 20 TP 40 AUDUSD: Sell 0.6650 SL 20 TP 60 GBPUSD: Watch for break of 1.31 and reaction at support level of 1.3045 EURUSD: Sell 1.1035 SL 15 TP 45 USDJPY: Sell 143.30 SL 50 TP 120 USDCHF:...
The pivotal moment during the previous week was the moment of a release of jobs data in the US. Friday brought increased volatility, considering weaker than expected non-farm payrolls. NFP reached the level of 142K in August, which was an increase from the revised figure from the previous month of only 89K. Still, the market was expecting to see the figure of 160K...
Dear Colleagues, In the last forecast I expected a deeper correction, but it didn't happen. Well, so the price is in a strong bullish movement and at the moment I expect the price to complete wave “3” and start a small correction in wave “4” 1.10671, then I expect the resumption of the upward movement and the beginning of wave “5”, which will update the maximum...