EURUSD / 4H Hello Traders, welcome back to another market breakdown. EURUSD has been showing signs of strengh shifting the structure from bearish to bullish. Checkout the setup I'll be waiting for in terms of good risk and reward. Trade safely, Trader Leo.
seeing the price pattern that has occurred, which has formed 2x HH, we can conclude that there has been bullish for the medium term. I still see that the big trend looks bearish, there is no real movement for a strong bullish trend. I think the highest target is the SnD area above.
As price rejects our weekly Level 1.066 which began on May 31st, we map a possible scenario in which we may jump on the train with long positions. I am anticipating the new weekly candle to pullback first and create a bottom wick as most weekly candles contain. Price has arguably been in a range for the past 2 weeks. The Last 2 red folders news events last week...
✅EUR_USD will keep growing Because the pair is in the local uptrend And recently broke the key level of 1.078 So we will be expecting Bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
With key news being released today that will ultimately decide the direction of Dollar pairs, I will be sitting and watching until it is released. That being said, Yesterdays buy predictions have come along nicely overnight but not in my trading session, unfortunately. My main bias is undecided today, with buys above the current range at 1.079 or sells below...
The market is going up for asian session and I'm anticipating a correction of this price action during lodnon session. With USD CPI data during New york session it is possible price could just fly to the next daily resistance zone 1.0813. This will likely occur if the 4.1% forecasted inflation rate isn't met and inflation decreases at a slower rate than what is...
Hello,Friends! Previous week’s green candle means that for us the EUR/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.073. ✅LIKE AND COMMENT MY IDEAS✅
In May, the Annual Consumer Price Index (CPI) in the US is projected to show a 4.2% increase, marking a slowdown compared to April's 4.9% rise. The Core CPI inflation, which excludes volatile food and energy prices, is anticipated to grow at a slightly faster pace of 5.6% year on year, surpassing April's 5.5% growth. The forthcoming release of US CPI inflation...
I think the range of 1.083 is an important resistance and the bull can be rejected from here. If this resistance is broken, the price can go bullish to the next and higher range
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price fell to support level and soon bounced up to resistance area, thereby entering to falling channel. In channel, Euro broke $1.0770 level and even made fake breakout of next support level. After falling channel, price started trading...
EURUSD could rise into an overlap resistance that sits just under the 50.0% Fibonacci retracement level. Price could hit the sell entry at 1.08471 and potentially reverse to drop lower. Take profit is at 1.08040 which is an overlap support. Stop loss is at 1.09091 which is an overlap resistance that sits just under the 61.8% Fibonacci retracement level. Please be...
The Euro has seen significant demand as market participants anticipate a decrease in the policy divergence between the Federal Reserve (Fed) and the European Central Bank (ECB). Despite concerns of a recession in Europe, an ECB interest rate hike is anticipated. Expectations of a softer US headline inflation due to a decrease in energy prices, while core...
The price has broken through the resistance level of 1.07877. It is likely a false breakout, and we will return to the swing range.
Hey Traders , Let's do a New Analysis on GOLD : by checking the gold chart, we see that the price has been corrected by collecting liquidity above $1970 and is trading in the range of $1963, as I said in the previous update, if the price succeeds in stabilizing above $1960 Therefore, we can expect growth to higher levels, and the important levels of this move are...
By examining gold, we see that last week the price stabilized above $1960 and we will probably see price growth from this week, based on the previous analysis: the important levels of this movement are $1984, $1999, $2015, $2027 and $2039 respectively and all these levels should be monitored! The modified bullish order block is in the range of $1939 to $1946! ...
2023.6.13 Daily European Perspective USDX is weakening again ! Hello, I'm Older Duan. Today is Tuesday, June 13 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index...
Past Performance The uptrend remains, and the Euro could edge higher in the days ahead despite the long upper wick suggesting liquidation in the closing session of June 12. However, the bullish outlook remains provided Euro is above $1.0700 or June 8 low. #EURUSD Technical Analysis Technically, the path of least resistance is southwards from a top-down...
Hello everyone! The market is going to be very volatile in the first week of the month and i am betting on long dollar as seasonality would line up with a strong month for the dollar. If J. Pow delivers on Wednesday then i am expecting the markets to correct hard and fast. Will scale out of the position if it goes against me but i am too convinced that everyone...