Hi folks today I'm prepared for you Euro analytics. Some days ago price declined to support 2, which coincided with the support zone, and even broke this level and fell to the trend line. But after this movement, the EUR turned around, entered to the pennant, and made a strong impulse up from the trend line to support 1, breaking support 2. Next, the price broke...
Just last week (August 05, see chart below), we stressed on the importance of the 1W candle closing following the break above the 13-month Lower Highs trend-line (top) of the Triangle pattern: The week eventually closed in losses (red 1W candle) and below the Lower Highs, which gave a bearish signal upon a technical rejection. This is a Double Higher High...
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0930 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0918 About Used Indicators: The average true range (ATR) plays an important role in...
13th August DXY: Likely to consolidate above 103, needs to stay below 103.50 NZDUSD: Sell 0.6030 SL 25 TP 55 (RBNZ decision pending) AUDUSD: Buy 0.6615 SL 30 TP 65 GBPUSD: Buy 1.2815 SL 20 TP 40 (needs to complete retracement first) EURUSD: Buy 1.0950 SL 25 TP 50 USDJPY: Sell 146.20 SL 40 TP 200 USDCHF: Sell 0.8640 SL 30 TP 70 USDCAD: Sell 1.3715 SL 25...
We are still in a bullish range, and London is currently driving us down into discount territory. Our preferred scenario is to see a bullish reversal. We’re waiting for the price to dip below 1.09090, knock out stops, and from there, we’ll look for bullish scalp trades. With news events incoming, we’re cutting our risk in half. Remember, it’s crucial to wait for...
We talked about a bullish turn on German Bund back on June 20th, where we mentioned and highlighted more gains within wave C of an A-B-C rally, which can also recover the EURUSD pair. As you can see today on August 05, German Bund is extending strongly higher within a five-wave bullish cycle for wave C with space up to 140 area. At the same time EURUSD is also...
USDCHF H4 chart, Bearish Wolfe wave. Bulls are tired, they need a little rest war recovery. Risk reward 1/3
In my opinion, the best trading time in forex is 15 minutes. You can trade Euro-USD by seeing the entry sign
Two key inflation reports for the US and a potentially live RBNZ meeting over the next 24 hours has put EUR/USD, AUD/USD and NZD/USD onto my radar. And in each case, these markets have risen to interesting levels which hint at a weaker US dollar over the near-term. Part of this may be because traders are front-running weaker US inflation data. If the RBNZ treat...
I was bullish EURUSD yesterday, and it was helped much by GBPUSD strength which provided clue to the direction. But much whipsaw movement for EURUSD yesterday. TBH I think it is dumb if you are bullish but got killed by the whipsaw, especially, while trying to get a confirmation, or trying to get the perfect entry. Anyway, overall, I am still looking for a move...
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0943 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1008 Why we like it: There is a pullback resistance...
Switch to a lower timeframe (M15/M39) to properly see the change of character with the breaker block that took the low. Price is now trying to push up to the order block which it should reject from then push down to give us our 100 pips setup which is highly probable considering this week is CPI !. The stop is just 10 pips, look for entries before or during...
EURUSD Sell as EurUsd has taken a high fly last week and now it has reached on its Globel Resistance now we are waiting to for EurUsd to reach its global resistance level
EURUSD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURUSD Entry Point - 1.0920 Stop Loss - 1.0945 Take Profit - 1.0874 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
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 upward channel, where it at once reached the resistance line and then rebounded down to the support line of the channel. Then price rebounded up and in a short time rose to the support level, which coincided with the support area,...
1D - On the daily timeframe, a large FVG (Fair Value Gap) has formed, and it will take at least another week to work through it. Simply put, we are in an MS Range, where the price is likely to react from the boundaries and eventually move higher. The scenario would be invalidated if the price consolidates below 1.076.
Potential Trade Setup on EURUSD Prior to the spike which was initiated by the July NFP data released. EURUSD seem to be ranging since then, however there is an opportunity for trade setup moving forward.. The price is developing, and I am waiting for either a break above the resistance and retest of that zone to take a a BUY trade, or Alternatively if the price...
Welcome to a new week, FX friends! EUR/USD has managed to dip into the discount of its range, and if it continues to trade higher into the 1.09452 level, As of now, we’re not in a trade and are keeping it cool with EUR/USD swing trades. If EUR/USD fails to break through 1.09452 and we see a 4-hour displacement candle with levels starting to break down, we’ll...