In my last EUR/USD commentary, I mentioned that the pair could reach 1.11. That target was not only met but exceeded, with a top at 1.12. The pair is currently in a normal corrective phase, and once this correction ends, EUR/USD could resume its upward movement. My strategy is to buy on dips near the 1.10 level, with the potential for a 1:3 risk-to-reward ratio...
5th September DXY: Currently at 101.25, needs to break 50% retracement level, to trade down to 100.90 (ADP Pending) NZDUSD: Sell 0.6165 SL 20 TP 60 (if DXY recovery) AUDUSD: Sell 0.6685 SL 20 TP 45 (if DXY recovery) GBPUSD: Sell 1.3080 SL 25 TP 100 EURUSD: Buy 1.1105 SL 20 TP 55 USDJPY: Sell 143.20 SL 40 TP 120 USDCHF: Sell 0.8450 SL 20 TP 40 USDCAD:...
1)London High Swept 2)bsl swept 3)Wait for break back into structure. 4)Following number 3, a FVG, OB or BB will form. 5)Enter in Zones marked above. 6)Target bsl 1 and bsl 2 as TP London Session Trade.
#EURUSD Euro is crossing and breaking a ceiling in the area of 1.126 in its daily and weekly lower time. which is moving after the inner inner node is formed and the valid inner inner RS is removed. The first price level is 1.120.
Pair Name = Gold Timeframe = D1 Analysis = technical + fundamentals Trend = Bullish Explaination :- In daily Time Gold is getting a good support expecting price 2530+. lets check the lower time frames and analyze the market deeply. H4 Time Frame Analysis :- Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish H1 Time Frame Analysis:-...
#EURUSD - H1 Analysis 📣 On the 1-hour timeframe, if the resistance level around 1.1100 is broken, a price increase towards 1.1140 is expected. ⛔️ Stop loss: 1.1060 On the other hand, if the 1.1060 level is broken, selling with a target of 1.1020 could be considered. ⛔️ Stop loss: 1.1100
With the latest update of my view on the market The euro is making its third phase to climb, and the liquidity hunt and meeting the MPL of the second phase and confirming the classic pattern in the monthly time frame of this scenario are strengthening. The first level, the price of 1.126 is certain for me. But what corrections we have to climb towards the end of...
Market Analysis: EUR/USD Eyes Fresh Increase EUR/USD started a fresh decline from 1.1200. Important Takeaways for EUR/USD Analysis Today - The Euro started a fresh decline below the 1.1150 support. - There is a key bearish trend line forming with resistance at 1.1055 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1108, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 1.1036, an overlap support level close to 61.8% Fibo retracement. The stop loss will be at 1.1149, a pullback resistance level close to 78.6% Fibo retracement. High...
Price action for EURUSD is IMO stronger than GBPUSD. I will be cautiously bullish for a move higher, with 1.1058 as a good level to look for longs for a move higher. Upside target would be to 1.127. For now IMO, it is still unclear if it is a bottom yet.
The Fiber (EUR/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 1.1109 1st Support: 1.1035 1st Resistance: 1.1149 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
The EUR/USD pair rebounded following the release of the weaker-than-expected US JOLTS Job Openings data, prompting questions about whether this is a potential opportunity to enter short positions. After an initial rebound from the Supply area, the EUR/USD pair recovered some ground on Wednesday, likely driven by the US labor data. However, this recovery could...
We have broken through previous daily highs of 1.10774. First bullish move higher. The reason is dollar bearish fundamental news. So, let's see if we get a daily bullish closing. We are still in a bullish range premium price levels. So, I want to see a few higher timeframe lower highs holding before I make up my mind to go bullish again. I'll keep you posted if we...
Hello Traders! What are your thoughts on EURUSD? Given the break of the support level, this currency pair is currently completing a pullback to the broken level. It is expected that after completing the pullback, the price will resume its downward movement toward the specified target level. If you found this analysis helpful, don’t forget to like and share...
Based on our private profitable trading indicator... there has been a sell signal which means that EURUSD Is ready to reverse and drop all the way to the next major support level.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to pennant, where it at once bounced from support line to resistance line, breaking $1.0800 level. In this pattern, price made a gap, and later it bounced from resistance line and fell to support area, exiting from pennant. Next, EUR...
Hello, Friends! EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.105 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
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 downside. So we are locally bearish biased and the target for the short trade is 1.10413 Wish you good luck in trading to you all!