- Swing Short Trade opportunity for $EUR/USD Short trade within Ascending Triangle, which is a Neutral Pattern that can be broken either to Bulls or Bears. Demand yells for lower $EUR/USD. Even on Volume Profile ; 4Hr* (TF) Stay Sharp ! Until the next one .. TRADE SAFE *** NOTE that this is not Financial Advice Please do your own research and consult...
After the recent 1.0650 low, EurUsd has started to rise in a pretty constructive manner. 1.0750 zone support held very well in the past few days and as long as this level is intact we could expect continuation to the upside. 1.0850 is the next level of resistance and cond represent also short term trader's target
Yesterday's EURUSD move is perfectly in accordance to the levels. When I posted the chart (), I mentioned that is the lows and market just went up to the weekly BZ and got rejected there and closed somewhat in the middle. I would say it is a neutral and slightly bullish close. TBH, I am somewhat bullish GBP (would talk about that in the next post) but looking...
1) This pair has just pushed into new highs. We now have a pullback followed by a swing engulfing candle. That makes this a valid example of The 4hr Pullback strategy. PAIR: EURUSD Entry - 1.07606 Stop - 1.07138 Position 1 - TP @ 1:1 Position 2 - ?
Taking support from 200EMA and support zone (Monthly)
The EUR/USD pair shows no directional bias at the start of an eventful week as investors refrain from taking significant positions ahead of the United States consumer inflation data (Tuesday) and the Federal Reserve monetary policy decision (Wednesday). At the time of writing, the EUR/USD pair is trading at the 1.0750 zone, virtually unchanged on the day, having...
The EUR/USD faced downward pressure, remaining below the 1.0800 level. However, it experienced a notable upswing on Thursday, delivering its strongest performance in weeks, primarily driven by a weakened US Dollar. The Greenback faltered across the board as softer employment data from the US emerged ahead of the upcoming FOMC meeting next week. This favorable...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Ok, today I think the EU will begin an uptrend :D. Hope you enjoy my ideal :D
eurusd have reached to a good demand zone, the first entrance is approved and now since we have a good eng to a fl, the price have approved the QM setup (the second entrance zone on LS-FL). ⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how price bounced up from 1.0790 level and made upward impulse to seller zone, thereby breaking one more resistance level. Later, Euro started to decline, bouncing from seller zone and making strong downward impulse below support area to support line. Also, price entered to...
Take a look at our analysis for EURUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.076. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.058 level. P.S We determine...
Continuing on from last week I am maintaining the forecast of buys from 1.076 and 1.079, expecting the temporary pullback phase on EU to continue a little higher. With sells expected at 1.084 or below 1.07. The theme of last week was watching Dollar start to show some exhaustion at key price sensitivity area of 104.5. On the higher timeframe, the DXY is on a more...
In our previous analysis of the EUR/USD, we highlighted that the currency pair has been trading within a range, oscillating between support and resistance levels. Upon further examination, we have identified a bearish shark pattern with an entry point near the resistance zone. Additionally, today, we observed a divergence on the Relative Strength Index (RSI) in...
Hi Traders! Please see our new levels for EURUSD below. Vector Level: 1.08047 Vector Level: 1.09298 Anchor Level: 1.04833 Apex Level: 1.10956 The recent price action on the 1D chart is telling us that EURUSD is looking for a direction to continue in. We have been stuck in a range (highlighted on the chart) for the past two weeks or so, and key decisions and...
Hello dear trader or investor Today we share eurusd chart according to us it's may be fall So what's your prediction? Like and comment plz
EURUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.08472 Why we like it: There is an overlap support that sits just below the 50.0% Fibonacci retracement level Stop Loss:1.09092 Why we like it: There is an overlap resistance that sits just below the 61.8% Fibonacci...
Not only Germany, but also the Euro Area is in the technical recession. Data revealed during the previous week show that GDP growth rate for Q1 this year is -0.1%, which is second consecutive quarterly drop in GDP rate. At the same time, y/y growth rate was 1%, less than forecasted 1.2%. The US ISM Services PMI dropped to the level of 50.3 in May from 51.9 posted...