6th September DXY: Currently just below 100.90, could consolidate/retrace briefly, looking downside to 100.55 support level (NFP Pending), could bounce from support NZDUSD: Buy 0.6245 SL 20 TP 50 (DXY Weakness) AUDUSD: Buy 0.6755 SL 25 TP 65 (DXY Weakness) GBPUSD: Sell 1.3170 SL 30 TP 80 (DXY Strength) EURUSD: Buy 1.1145 SL 20 TP 60 (DXY Weakness) USDJPY:...
An event to look out for today: 15:30 GMT+3. USD - Unemployment Rate EURUSD: EUR/USD posted a second consecutive day of gains on Thursday, breaking above 1.1100 as markets actively sold off the US Dollar ahead of Friday's highly anticipated US Non-Farm Payrolls (NFP) report. Markets are looking for further signs that the Federal Reserve (Fed) is ready for an...
Similar to GBPUSD, EURUSD made almost no pullback, as it just based at PZ and moved higher. Overall, I am looking for another pull up to 1.1150, and that level could be a potential sell level, especially on NFP, for a move lower.
This is Part 1 of the Weekly Forex Forecast for SEPT 2-6th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so...
Futures markets are pricing in a US rate cut for September, with a 62% chance of a 25-basis point cut and a 38% chance of 50-basis points. The Fed’s dovish shift has helped the euro surge to its highest level in more than a year. Attention now shifts to the ECB’s 12 September rate decision. After cutting rates in June and pausing in July, analysts expect the ECB...
in my previous idea I stated that we need to go higher from the 4H FVG below but we are now already in a bearish 4H FVG and in 15m time frame the structure shifted bearish indicating that the price need to retrace lower.
FX:EURUSD is testing the liquidity zone within the correction. False breakdown of the channel boundary may form another bullish potential for continuation of growth to 1.1300 The currency pair forms a false breakdown of 1.1123, after which it enters the correction phase amid a strong market. The price is testing 0.236 fibo on D1, forming a false breakdown we...
RISKY eurnzd trade idea #eurnzd #usdcad #eurusd #usdchf we can wait for support level breakout and retest then enter trade
So I got Rejection and tp 1 no add on saddly, if i get 4H Low 1.10746 rally thru , one can take it as a bullback is Over and target range low in scalp form. lets see if we find something good before weekend.
hello guys. as you can see eurusd made a rising wedge and broke it. the target area is obvious! We can get a long position in the retracement area! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with...
Taking into consideration that DXY index is bearish fundamentally and technically, And since EURUSD is heavily correlated with DXY inversely which means we are bullish on Euro. Technically : Euro was in correction for the last week or so, But this changed yesterday and extra confirmations landed today on the charts and fundamentally. We touched the weekly FVG...
Here is our detailed technical review for EURUSD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.110. Considering the today's price action, probabilities will be high to see a movement to 1.105. P.S We determine oversold/overbought condition with RSI...
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 down. ❤️ Please, support our work with like & comment! ❤️
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to grow inside the upward channel, where it soon grew to resistance level, which coincided with the seller zone. After this, the EUR turned around and made a correction movement to support line of the channel and then rebounded up. Price...
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 1.11094 Wish you good luck in trading to you all!
The Bearish Cycle has ended yesterday , after reviewing the fundamentals and the technical i'm taking another Buy position
I entered a scalping trade with a bullish bias. I'm currently looking the price to see if it can break through the bearish resistance cap and retest it. If it does, I'll be adding to my position. While I'm not entirely satisfied with my initial entry, I plan to let the trade play out regardless of whether it's loss or win, well im 1 % up now i plan to add it...
By analyzing the #Gold chart on the 4-hour timeframe, we can see that after last night’s analysis, gold rose again to $2497 before experiencing a sharp decline down to $2471. After reaching this critical level, the price didn’t penetrate the liquidity pool below $2471 and instead rebounded to $2491 to fill the liquidity gap caused by the previous drop. As you can...