Hello, Friends! EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.101 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
22nd August DXY: Needs to break 101.10 to trade down to 100.80 (strong support), could range between 100.80 and 101.60 NZDUSD: Buy 0.6170 SL 20 TP 45 AUDUSD: Looking for reaction at 0.68 resistance level GBPUSD: Buy 1.3060 SL 30 TP 75 EURUSD: Buy 1.1100 SL 30 TP 60 USDJPY: Sell 144.40 SL 50 TP 100 USDCHF: Sell 0.8490 SL 20 TP 40 USDCAD: Sell 1.3570 SL...
EURUSD Long - term outlook This is a Daily chart for the EURUSD. With the most recent increase, EURUSD managed to break out to the up side of a massive Triangle that's been forming since January 2024 At this stage the price has produced an effective breakout as it has closed a few candles above the resistance line There are 2 additional confluences that support...
price had a rally upwards in last few days and it had a immediate resistance over there the price have already broken that level of resistance and seems like bulls are still in control as SMA 50 also shows the bull run is still on so we are waiting for the consolidation range to break above and show some bullish price action so we could be a part of this bull run
EUR/USD has surged to highs not seen since July 2023. However, such has been the rush to buy since the start of August, it’s now sitting at extremely overbought levels on RSI (14) on the daily. That should be a worry for late-to-the-party longs considering that outside the early stages of the pandemic, whenever EUR/USD has been this overbought, it’s coincided...
EURUSD gave a perfect long as per plan for a good 70 pips, hitting the target before pulling back. Cautiously bullish for EURUSD for today, 1.1132 good for a long with 1.1220 as first price target and 1.13 next.
Guys, don't get me wrong, but it's like they knock out the bears before going down. The sentiment indicators we're looking at agree with that. In particular, yesterday, with the rise in quotes, some participants are actively draining call options in-the-money with about 15 trading days ahead. In other words, they just cut the profits and didn't wait. Take a look...
EURUSD FVG testing and ... to UP we are wating to go about 0.095 price
The price broke the ceiling and BOS was hit, so price drops give us the opportunity to buy until the next swap zone
Our recent trades has closed successfully, and those two weeks of screen time have paid off. Congrats to everyone who had similar targets and reached them! Few more days to go lets se if we figure out where they target next.
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.1127 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1042 My Stop Loss - 1.1180 About Used Indicators: On...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to wedge, where at once broke $1.0830 level and rose until to resistance line of wedge. Also, price formed a gap and later it started to decline from resistance line to $1.0830 support level. When EUR reached this level, it broke it and...
I looking to see if there if there will be a reaction to either of these two demand zones at 1.1080 and 1.1040. We have the FOMC minutes released at 19:00 BST (later today) and on Thursday and Friday we will have Jackson Hole symposium. I'm not looking to trade until I see a bounce of either of these zones by way of a confirmation candle.
Bitcoin is preparing for a massive move to the upside targeting 70k again. We are working with a WXY correction. WXY pattern is made up of 3 waves were each wave is also made up of 3 waves. We are now in the final leg of wave X and looking to catch Wave Y. Trade Idea: - Wait for a clear rejection on buy zone - Stoploss below 49k or below price after your...
"We have Dollar fundamentals coming up.i dont recomend jumping in to trades before the news event. We haven’t opened any positions yet. I’ve identified a Naked Point of Control within the weekly negative order block, just beyond the recent range high at 1.12270. We need to hit these levels and observe what the market makers do here. At this point, I’m sticking...
Here is our detailed technical review for EURUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.112. Considering the today's price action, probabilities will be high to see a movement to 1.109. P.S Please, note that an oversold/overbought condition can...