16th September DXY: Look to trade slightly lower to 100.55 support, should stay below 101 to maintain bearish NZDUSD: Sell 0.6150 SL 15 TP 75 (Hesitation at 0.6110) AUDUSD: Sell 0.67 SL 30 TP 60 GBPUSD: Buy 1.32 SL 20 TP 60 EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: Sell 139 SL 50 TP 100 USDCHF: Sell 0.8430 SL 40 TP 80 (Hesitation at 0.84) USDCAD: Sell...
After breaking the ascending channel, the euro has entered the correction phase in the form of a descending channel and it can almost be said that it has lost its strong ascending guard. This will be a new move, most likely in the form of a trading range. A move from the top of the descending channel to the previous bottom is likely
#EURUSD - H1 📣 Upon analyzing the 1-hour time frame, with a break of the downtrend around the 1.1115 level, we can expect a price increase toward the 1.1160 area. ⛔️ Stop Loss: 1.1090 On the other hand, if the 1.1090 level is broken, selling can be considered with a target of 1.1030. ⛔️ Stop Loss: 1.1115
EUR/USD Kicks Off the Week on a Positive Note Ahead of Crucial Fed Decision The EUR/USD pair began the week with positive momentum, hovering around the 1.1000 mark ahead of the London session on Monday. Investors are keeping a close eye on the upcoming US Federal Reserve (Fed) policy decision, which is expected to have a significant impact on the market later...
The inflation rate in the US in August reached 0,2% for the month and 2,5% on a yearly basis. This was in line with market expectations. Core inflation remained modestly elevated, reaching 0,3% on a monthly basis and 3,2% for the year. The Producers Price Index for August was standing at 0,2% for the month, modestly higher from forecasted 0,1%. Core PPI reached...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1091, which is an overlap resistance close to 61.8% Fibo retracement. Our take profit will be at 1.1054, a pullback support level close to 50% Fibo retracement. The stop loss will be placed at 1.1135, which is a swing-high resistance level. High Risk Investment...
EURUSD was much sideways on Friday; opened and moved up but sold back down towards end of day. A reversal pin bar but is that so? If we look at the daily, it does look to be forming a lower high, or is it forming a bull flag? I am cautiously bullish for the upside, with 1.1051/060 as a good level to look for longs for a move higher to 1.1140 near term.
Starting this week as always with EUR/USD, we saw a drop as we predicted last week, clearing liquidity and taking out the last major low. However, we haven’t hit our area of demand, meaning this area is still in play, as shown on our chart. A new area of demand has formed, and there is liquidity below the low from which this new zone has emerged. Based on the...
Here I have EUR/USD on the 4Hr Chart! EU Bears have been pulling price down forming what seems to be a Falling Wedge since the end of August but could the Double Bottom made by the Sell-Side Liquidity and New Swing Low be a sign that Price is loading up to make its Bullish Break?! Now we see Price after being rejected from the Falling Resistance, descending to...
Our last analysis for USDJPY resulted in a massive 2000pip trade! We are now getting ready for another 2000pip trade setup. We anticipate price to move within the fib levels. As to which price exactly is yet to be determined. We can easily use price action to figure out where the reversal point is once we enter our area of interest. In the meantime, we can look...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️
Hello traders! Today, I’m analyzing the EUR/USD pair on the 1-hour time frame. We’ve seen some strong movement recently, but right now, the price is approaching a critical support level. This level has held strong in the past, and based on my analysis, I believe we could see a bullish bounce from this zone. Here’s what I’m looking at: Support Level: The price...
Here is my latest structure analysis and important support and resistance levels to trade on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Fibre is showing strength; a pullback below 1.10500 likely to cause the pair to rise above 1.11500. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
✅EUR_USD has formed a Bullish wedge pattern And the horizontal support Of 1.1000 is below so IF we See a bullish breakout from The wedge then we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Usdchf trade idea ,, if market give bullish move then we enter trade but make sure there is bullish enfulging candle in support area
Weekly Closing Remarks for EUR/USD (Post-September 13, 2024): EUR/USD closed the week on Friday, September 13, 2024, at 1.1074, maintaining a bearish bias throughout the week. The market remained cautious ahead of next week’s FOMC rate decision, set for Wednesday, September 18, 2024. The Ichimoku cloud continues to display a bearish structure, with price action...
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.1071 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1046 About Used Indicators: Pivot points are a...