"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...
Analysis of EURUSD 4-hour time frame The euro can fluctuate in the specified areas and the price will move in the same direction if the failure occurs.
21st August DXY: Look for retracement to complete, continuation of the downside, below 101.30 could trade down to 100.80 (hesitation at 101.10) NZDUSD: Buy 0.6170 SL 20 TP 45 AUDUSD: Looking for reaction at 0.68 resistance level GBPUSD: Buy 1.3055 SL 40 TP 80 EURUSD: Buy 1.1150 SL 30 TP 100 (hesitation at 1.12) USDJPY: Wait for retracement to complete...
Market Analysis: EUR/USD Regains Strength EUR/USD started a fresh increase above the 1.1000 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro surged after it broke the 1.0950 resistance against the US Dollar. - There is a connecting bullish trend line forming with support near 1.1090 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
"The trend is your friend" is a well worn FX trading adage. Its meaningless. The trend is your friend if the trend is heading in the same direction as your trade but if its not then the trend is your enemy. EUR/USD is in an uptrend and has been since 1st August. The price has now hit a level last seen on the 28th December 2023. The last time the price was at this...
Dear Colleagues, the price has completed wave “1” and I believe that the price will leave for the correction of wave “2”. At the moment I believe that it is possible to update the high of 1.1047 for the bears to gain strength, then I believe that the price will reach the area of 50% Fibonacci level of 1.08580. It is possible that the price will immediately start...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1130, which is a swing high resistance. Our take profit will be at 1.1031, an overlap support level close to 61.8% Fibo retracement. The stop loss will be placed at 1.1222, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs...
I am bullish EURUSD and it nicely hit my target at 1.113 level and is pulling back now. But TBH, I was expecting a pullback as price is tagging the top of the Bollinger Band on daily. But on intraday, we can see EURUSD based at PZ and just moved higher. For today, we can see that price hit the strong level at 1.1130 and price is pulling back now. Overall, I am...
In a previous EUR/USD analysis, I mentioned that the pair could reach the 1.11 resistance zone. Yesterday, the single currency indeed climbed to a high of 1.1088 against the dollar and is currently consolidating its recent gains. The trend remains strongly bullish, and the trading strategy should continue to be "buy on dips." The ideal entry point for this...
✅EUR_USD will be retesting a resistance level around 1.1137 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURUSD 4H On this 4H chart we look closer in the current situation. There are a few things to take in consideration: The market structure on EURUSD has changed from Bearish to Bullish with the latest up swing. This transition is indicated from the blue lines and the orange lines The price is forming a double divergence on the MACD and the RSI. This suggests...
EURUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURUSD Entry - 1.1093 Stop - 1.1150 Take - 1.1002 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hey there, looking at the FOREXCOM:EURUSD chart on a 10-day timeframe, it’s clear that the price has been stuck in a range for almost two years. Right now, the price has broken through its 7-month high and is currently trading around 1.011. Personally, I have a bullish outlook for both the medium and long term. ⏩I anticipate that the price could rise toward...
By reviewing the latest #gold chart on the 2-hour timeframe, we can see that after yesterday's analysis and reaching the key level of $2486, the price was met with strong demand and has since established a new all-time high, reaching $2531! With this recent rise, a Fair Value Gap (FVG) has formed in the $2520 to $2506 range, which I expect to be filled in the...
it's still too soon to jump to a conclusion but it seems EUR/USD is moving inside a big diagonal triangle and right now has hit the upper dynamic trendline. we can sell EUR/USD if the price shows some bearish signs around here. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For...
Hi folks today I'm prepared for you Euro analytics. A few moments ago price rebounded up from the trend line and rose to support 2, which coincided with the support zone. Soon, the price broke this level and continued to grow, but later turned around and made a correction movement to support 2. Next, the price bounced and some time traded near this level until it...
EUR/USD Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡...