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. 💡...
The EURUSD pair has broken above its 1W MA200 (orange trend-line) for the first time in more than 1 year (since the week of July 17 2023). With this move it entered the (red) Resistance Zone of the practically Rectangle pattern that it has been trading in for more than 1.5 years. Technically, the above conditions offer a great opportunity to sell for the...
At these elevated levels, we're not adding anything new. Just chilling and keeping eye on things. We have leftover trades still running and waiting to see market makers approach.
EURUSD has a nice potential to go higher. The price has just updated a new local higher high. The next historic resistance that I see is 1.1105 - 1.1140 area. It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
The EUR/USD pair has extended its upward momentum, reaching new highs for 2024, currently hovering around 1.1077 as I write this. This surge is largely attributed to the persistent weakness in the US Dollar (USD), which has been on the back foot in recent sessions. Expectations around the upcoming Consumer Price Index (CPI) release have shifted market sentiment....
If the EURJPY breaks below the 38.2% fibonacci retracement level, this could signal further downside potential. This would also somewhat nullify the potential inverted head and shoulder pattern forming. If the price breaks below the 162 price level, look for the EURJPY to potentially trade down to the 160.50 price level.
20th August DXY: Retracing, needs to stay below 102.10 for continuation to downside. Below 101.80 could trade down to 101.45 NZDUSD: Buy 0.6165 SL 20 TP 50 AUDUSD: Buy 0.6735 SL 25 TP 60 GBPUSD: Look for reaction at 1.3040 resistance EURUSD: Could retrace down to 1.1045, Buy 1.1055 SL 20 TP 70 (hesitation at 1.1090) USDJPY: Sell 146.80 SL 40 TP...
EURUSD continued its up move, a bullish continuation from Friday's move. Follow the trend is what you need to do. And it hit the price target I gave. For today, price is at the resistance zone. Price action on H4 is somewhat bearish. I see USDJPY wanting to go up and this would likely bring EURUSD GBPUSD down. Thus IMO, while bullish on EURUSD, better to look for...
EURUSD price is near the resistance zone 1.10854-1.11098. If the price cannot break through the 1.11098 level, it is expected that the price will drop. Consider selling the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea! *Always follow your trading plan regarding entry, risk management
Hello,Traders! EUR-USD is trading in an Uptrend but the pair is Locally oversold so After it hits a strong Horizontal resistance Level above at 1.1139 We will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This private trading indicator that I am using has analysed the market for me and found that EURUSD is a great buying opportunity. EURUSD will continue to go to the upside for the entire week & possibly month.
So High Volatility Day behind us and few nice in and out trades. we made it almost into destination today ,ill make new plan tomorrow , EU could do little consolidation on Target area. we share new ideas when price gives us new direction.
After breaking out of the consolidation zone, the market is now approaching the next significant resistance level. EURUSD has closed above the critical level of 1.1000 on the daily timeframe, and the market is currently pulling back to this level. With high-impact news on the horizon, we can anticipate an increase in market volatility today. Given the prevailing...
Price action for EUR/USD is very similar to GBP/USD (GU). If GU continues rising to mitigate that deeper supply, it aligns with the 1.11000 level in the 20-hour supply zone for EUR/USD. I expect the bullish pressure to gradually die down and for price to eventually mitigate this supply. Therefore, I don’t expect a major move on Monday, but this scenario could play...
My dear friends, Please, find my technical outlook for EURUSD below: The instrument tests an important psychological level 1.1069 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 - 1.0984 Recommended Stop Loss - 1.1121 About Used...
By reviewing the latest #Gold chart on the 6-hour timeframe, we can see that the price has dropped over 230 pips since last night, and as expected, we're starting to see the first signs of a price reversal on the chart! A large Fair Value Gap (FVG) between $2465 and $2486 was created on Friday with the price surge, and I expect this gap to be filled soon. Keep a...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a not long time ago declined a little and then made a strong impulse up, thereby breaking the support level, which coincided with the support zone. Also, the price started to grow inside the upward channel, where it later reached the resistance line and then...
Please, check our technical outlook for EURUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.103. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.093 level. P.S Please,...