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,...
WE got a nice failure to launch higher after we close a 30 min fvg breaking the support level i feel we can go for a deep now i'm in a short position to 1.10250
19th August DXY: Looking for reaction at 102 support, needs to stay below 102.35, beyond 102 could trade down to 101.45 NZDUSD: Buy 0.61 SL 20 TP 50 AUDUSD: Buy 0.6720 SL 25 TP 75 GBPUSD: Retest 1.29 Buy 1.2915 SL 25 TP 55 EURUSD: Sell 1.0985 SL 25 TP 90 USDJPY: Wait for retracement to complete, Sell 146.80 L 40 TP 150 USDCHF: Sell 0.8610 SL 20 TP 50...
"The week kicked off bullish in the Asian session—of course, it’s never fun to miss those Monday morning trades. But the weekly target is clear: we’re aiming for 1.11393. There’s still some distance to cover, and I’m hoping for a pullback to give me a solid entry point. I’ll be here, ready to post updates if my alarms go off."**
EURUSD made a good up move as per path given on Friday with almost 0 drawdown. Very bullish price action, and market has already reacted off the above resistance, thus IMO EURUSD should break above the above resistance. A dip to 1.10 will be a gift for a long for a move to target 1.108 level.
Eurusd is consolidating over its 1 Hourly Resistance level and the volume is telling me that it will break above the resistance and will move to its daily Resistance level which is a clear buy but if it goes either way it will rally down to its Previous support but seems like it would rally up and break above the 1 Hourly Resistance level rally upwards to its...
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.1036, which is a multi swing resistance. Our take profit will be at 1.0988 an overlap support level close to 50% Fibo retracememt. The stop loss will be placed at 1.1074 with 127.2% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin...
If you’re looking for a second chance to short EURUSD, there’s a promising setup involving a Type 2 Bearish Shark Pattern with RSI Divergence. Let’s break it down. Current Overview: - Type 2 Bearish Shark Pattern: - What It Means: The first target has already been achieved. This provides clarity on the first target but might reduce participation since the...
An hour into trading of the New Zealand Oceania & Asian session, the week opener, EURUSD is already showing weakness. I see a good short trade here across the Asian session and possibly running into European & New York session. On the flip-side, there is also weakness in the USD, see my recent chart on USDX. However, I don't see this real weakness playing...
Market sentiment is leaning towards three more rate cuts from the European Central Bank (ECB) this year, while economists are more cautious, expecting just two. Should the economists be correct, 2023’s high for the EUR/USD pair could be back in play. The market's confidence in ECB rate cuts outpaces that in the Federal Reserve. The Fed, facing closer scrutiny,...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
By reviewing the latest #Gold chart on the 4-hour timeframe, we can see that on Friday, after reaching the target zone ($2471 to $2477), the price experienced only a brief negative reaction, which was quickly recovered, and finally managed to establish a new high, rising to $2509! Currently, there are no signs of a price reversal in this timeframe. To better...
Eurusd is very likely to be heading upwards for this entire week ahead! We are using this private trading indicator attached to our chart to forecast the outcome for EURUSD and based on the indicator EURUSD is a great buy!
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.1026 Sl - 1.1080 Tp - 1.0931 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Open - 1.10158 TP - 1.9169 SL - 1.10728 Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors. Happy trading!!!
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0977 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.1000 About Used Indicators: Pivot points are a...
The Producers Price Index reached 0.1% in July for the month, below 0.2% forecasted by the market. Core PPI was standing at 0% for the month, lower from market estimate of 0.2%. PPI on a yearly basis was standing at 2.2% in July, again lower from the market estimate of 2.3%. This indicator represents one of indicators which are pointing to the course of inflation...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...