Eurusdforecast
EURUSD | Perspective for the new weekThe recovery of the Euro in the last couple of weeks doesn't seem to be strong enough to break through the supply zone around 1.02500; hereby giving the impression of strength for the Dollar.
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DeGRAM | EURUSD consolidation EURSUD is consolidating.
Price action is trading in the ascending channel.
The market might go up to the resistance level from the lower border of the channel.
We expect further consolidation until we see a trend indication.
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DeGRAM | EURUSD in consolidation EURSUD did not make a significant move since the last session.
Price action is forming a triangle pattern.
We expect further consolidation until we see a trend indication.
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🍌EURUSD Time to make money) buy off the level🍌EURUSD Time to make money) buy off the level
Price Formation in an Uplink
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EurUsd could continue its correction to 1.04 resistanceAfter the short-lived dive under parity, EurUsd has started a 3-week now consolidation between 1.01 and 1.03.
With a solid base now at 1.01, the pair could continue its up correction and test important 1.04 resistance.
I'm bullish as long as 1.01 is intact
EURUSD IS GOING NORTH To Fill That Imbalance from Friday $The DXY has broke South. The news always causes the DXY to re-balance itself and the Market.
Price Moves for TWO REASONS
1. liquidity
2. imbalance- to re-balance the market. When the market is rebalance it is in its natural state. aka Consolidation.
Simplicity is always King. Indicators lag and you should never rely on them when trading live. The DXY is REAL TIME Price Action and is the Ying to the Yang on most US base pairs especially our ATM Pair
aka Broken Slot machine EURUSD!
Imbalances get filled 45-50%. That's a great destination to pull some or all profit$.
Never over leverage. This allows you always to stay in the game just in case the trade doesn't respond to your analysis. 1-2% max of your account always.
Remember Compounding is magic! Stay true to that formula and over time you will be amazed how your trading account$ will grow.
Always trust your set up. Stay true to your bias. Consolidation is normal and it's meant to jam traders up and also make you think that price isn't going in the direction the analysis calls for.
You are either right or wrong. You can't switch answers on the exam. So don't do it in the markets.
Have fun and have an incredible profitable week!
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EURUSD sell setup EURUSD is currently trading in a range
and an experience trader always avoid the range for an entry
wait for the breakout of trend line and main support area and after breakout look for bearish confirmation on reterst of the broken support structure
than sell EURUSD with your own money management
always remember that Patience is the key
EURNZD top-down analysis Save this information post, like, comment & share with your friends.
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