The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level....
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.1114 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1076 Safe Stop Loss - 1.1139 About Used Indicators: A super-trend indicator is plotted on either above or...
here were at the strongest resistance level and fib level, plenty of gaps to fill at the bottom dxy has 2 gaps to fill 0.0
As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets at $2571, $2565,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow. In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level. EUR exited from...
OANDA:EURUSD Indicators indicate a decline of 1.11453 and from here the decline begins until 1.11107 and when a candle opens below 1.11107 especially in the 4-hour frame it will fall to 1.10770 and if the price breaks 1.10770 it will fall until 1.10480
My Short Position in Eurusd You can take entry with this as i shown the entry points in Image Tp and Sl are same as well Follow the Risk Managmenet
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to downward wedge, where it at once rebounded from the resistance line, which is located in the seller zone, and started to decline. In a short time price fell to the support line of the wedge, and then tried to grow, but failed and continued to...
Market Analysis: EUR/USD Strengthens EUR/USD started a fresh increase above the 1.1050 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro surged after it broke the 1.1050 resistance against the US Dollar. - There is a connecting bullish trend line forming with support near 1.1125 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
EURUSD could likely maintain a slightly bearish bias for the week, driven by several key fundamental and market conditions: 1. Diverging Monetary Policies: The European Central Bank (ECB) recently signaled a more cautious tone about future rate hikes, especially after the recent data showed persistent economic weakness in the Eurozone. Meanwhile, the Federal...
18th September DXY: Consolidate around 100.90, (if 50bps cut) needs to break 100.60 to trade down to 100 round number support. (if 25bps cut) bounce from 100.60 to bearish trendline NZDUSD: Buy 0.6220 SL 25 TP 75 (DXY weakness) AUDUSD: Buy 0.6780 SL 20 TP 70 (DXY weakness) GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (DXY...
Hello, my friends! Right now, the EUR/USD pair is trading around 1.1130. The nearest resistance level is at 1.1200. If the price breaks above this level, the next targets could be 1.1265 and 1.1335. On the other hand, if the price falls below 1.1115, it may drop to the key support level at 1.1050. The EMA 34 and 89 is also showing a bullish signal as the moving...
HELLO TRADERS Hope everyone is doing great 📌 A look at The EURUSD At the close of ASIA GOING INTO THE LONDON, TO NY PM SESSION * With a bullish run into Monday CLOSE (PO3) today will be looking for some retracement. * looking at the daily last week Friday failed to take high which is a sign of weakness on EU. * Looking at the IFVG below as targets as...
Price action is looking solid lets see if we get a push below for entry
EUR/USD Holds Steady Above 1.1120 Ahead of Crucial Fed Rate Decision As the first London session kicks off this morning, EUR/USD is maintaining its position above the 1.1120 level, with market participants eagerly awaiting today's Federal Funds Rate decision by the U.S. Federal Reserve. The decision is set to dominate market sentiment, with investors and traders...
Gold prices attracted buying after a brief overnight corrective drop, finding support due to expectations of a 50 basis point rate cut by the Fed. This limits the attempted recovery of the US Dollar (USD) and supports the precious metal, although buyers seem reluctant to place aggressive bets ahead of key central bank events. Immediate resistance is at the...
Looking at this Eurusd chart, I see that the money pair is showing signs of continuing to move in the uptrend. The current price is trading around 1,11231, and there are a few important factors that we need to consider. Firstly, the yellow support area has been maintained very well, showing that the buyer still has the strength in maintaining the price in this...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1132, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.1103, a pullback support level. The stop loss will be at 1.1150, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...