28th August DXY: Trading along 100.80, could trade lower to 100.55. If support level not broken, could range between 100.55 and 100.90 NZDUSD: Buy 0.6290 SL 20 T 70 AUDUSD: Looking for a break of resistance, Buy 0.6810 SL 20 TP 40 GBPUSD: Could trade up to 1.33, look for reaction at the strong resistance level. EURUSD: Could range between 1.1160 and 1.12 ...
In todays session we are monitoring EURUSD for sell positions, our entry is at 1.11372 and targets are below 1.1000 and stops above 1.11734. Use proper risk management.
Overview: On Tuesday, the Dollar Index (DXY) showed weak performance, failing to consolidate the partial recovery seen on Monday after last week's sharp decline. Although the dollar posted gains against major Asian currencies, such as the Japanese Yen (JPY) and the Korean Won (KRW), these gains were quickly erased during the US trading session. The return of a...
Based on the M15 chart analysis, we can see that the price is rising toward our sell entry at 1.1173, which is a pullback resistance Our take profit will be at 1.1149, an overlap support level. The stop loss will be at 1.1190, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Small range day for EURUSD yesterday; no dip, as EURUSD re-tested Monday's low in a fake break down, before a move to close near the highs at the strong level. Overall, I am still bullish as before, 1.1138 IMO will be a good level to look for longs for a move higher, with 1.1254 as the near term price target.
This is Part 2 of the Weekly Forex Forecast for AUG 26-30th. 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...
this set up is taken off the 5M timeframe. looking for a run of yesterdays highs off intraday market structure - support will the bullish rally continue in EURUSD for another day? let me know what you think in the comments down below!
Bitcoin is now giving an entry. You can it with a proper RR & position sizing at current price. This is your long setup for bitcoin
The EUR/USD pair is currently approaching a significant resistance zone, which is highlighted in the chart. After a strong bullish move, the price has shown signs of weakening momentum, suggesting that this resistance area could act as a reversal point. The resistance zone around 1.1200 - 1.1185 is crucial. A rejection here could lead to a significant drop...
General Overview: USD/JPY remains near 145.00 in the Asian session on Tuesday, despite a cautious market environment. The pair benefits from the recent rebound of the US Dollar and higher US Treasury yields. However, the divergence in monetary policies between the Federal Reserve (Fed) and the Bank of Japan (BoJ) continues to be a key factor that could...
EUR/USD Long Position Targeting Sunday Open Setup Overview: This trade is based on a 30-minute chart where EUR/USD is positioned for a potential bullish move. The pair has recently shown strong support at the lower zone, and I’m targeting a rally towards the Sunday open, which aligns with the upper resistance level visible on the chart. Key Levels: • Entry:...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a few moments ago entered to range and dropped from the support level, which coincided with the support area to the buyer zone. When the EUR fell to this area, it some time traded very close to the bottom part of the range and later rebounded up to the...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price broke $1.0785 level and entered a flat, where it soon made a gap and reached the top part. Next, price turned around and declined to $1.0785 level, after which bounced and started to grow in rising channel. Also, EUR left flat, and in channel,...
27th August DXY: consolidating along 100.80, needs to stay below 101.10 to maintain bearish sentiment, breaking 100.80 could trade down to 100.55 NZDUSD: Buy 0.6230 SL 20 TP 45 AUDUSD: Look for reaction at 0.68 (CPI Pending) Sell 0.6740 SL 25 TP 45 (Tomorrow) GBPUSD: Buy 1.3225 SL 35 TP 70 EURUSD: Buy 1.1180 SL 25 TP 70 USDJPY: Wait for retracement to...
The GBP/USD pair is currently in a bullish phase, trading near its highest level in the past three weeks, just below the 1.2900 mark. This movement followed the easing of concerns about a broader conflict in the Middle East, after recent hostilities between Israel and Hezbollah in Lebanon did not escalate further. The reduction in geopolitical tensions has...
EURUSD pulled back nicely off 1.12 level, to our buy level, did give a 30pips up move but held by PZ before coming down. Price action is somewhat bearish. Overall, I am still overall bullish bias, but given yesterday's red candle, IMO, EURUSD could pullback further down to 1.114 level which would give a good level to look for longs for a move higher. Near term...
Oil prices have surged on Monday, driven by escalating tensions in the Middle East and potential disruptions in Libyan oil production. The recent uptick in violence between Israel and Hezbollah, coupled with ongoing drone attacks and bombings, has severely diminished the prospects of a Gaza ceasefire deal, pushing oil prices higher. Adding fuel to the fire, Libya...
Looking to take EURUSD down to the .618 retracement of the 4H, 1.095 - 1.12 impulse move. I will most likely stay bearish until we start seeing higher lows and higher highs on the short/medium timeframes (15M, 1H). The blue lines are HTF target 1 & 2