Fundamental Analysis EUR/USD regained momentum and rose to 1.1020 in the American session on Friday after snapping a three-day winning streak. Upbeat macroeconomic data from the United States boosted the US dollar (USD) and sent EUR/USD lower. The US Department of Labor reported that initial weekly jobless claims fell by 7,000. Improved risk sentiment on Friday...
Hello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EUR JPY has formed an head and shoulders pattern on the 30 mins timeframe. This pattern was formed at the 4 hour resistance level. Now we need to see a soild candlesticks confirmation pattern before going short. Don't trade all the time, trade forex only at the confirmed trade setups.
Core Analysis Method Smart Money Concepts 😇 7 Dimension Analysis Time Frame: H4 1: Swing Structure: A completely bearish structure with sweeps and mitigations. The market has taken proper inducement and completed its corrective swing move with multiple pullbacks. Now, after mitigating the external POI, it is once again forming a bearish internal structure from...
Last week, we anticipated EUR/USD would reach the major supply zone, but instead, the price formed a new, minor supply zone. This was followed by a doji and a close below candlestick pattern, providing a solid confirmation from the minor supply level. The trade was executed based on this candlestick confirmation at that level. Now, we wait. Remember, once you...
After some weakness in US labor market, futures are pricing in more agressive rate cuts this year. If inflation countinues to remain stable or decline and labor market as well, i think there is a case for euro long.
This idea aligns with my other pairs. After mitigating a daily imbalance, price is showing clear rejection and heading down to fill the imbalance left from last week's NFP news event. If price reaches the extreme demand level on the 17-hour timeframe, I'll wait for a Wyckoff accumulation to buy back up. Meanwhile, I’m watching for a new supply zone to sell from...
Fundamental Analysis EUR/USD traded sideways above the round-figure support of 1.0900 in New York trading on Friday. The ECB is expected to cut interest rates two more times this year as the Eurozone economy struggles and price pressures are on track to return to the desired 2%. However, ECB officials have yet to commit to a predetermined rate-cutting path as they...
Current Market Status: Range-Bound: The EUR/USD pair is currently trading within a range, lacking significant directional momentum. Key Levels: Resistance Level: 1.09456 Support Level: 1.09051 Technical Setup: Potential Buy Scenario: Breakout Criteria: Awaiting a breakout and close above the resistance level at 1.09456. Target: If the breakout occurs, the target...
Current Market Status: Range-Bound: The EUR/USD pair is currently trading within a range, lacking significant directional momentum. Key Levels: Resistance Level: 1.09456 Support Level: 1.09051 Technical Setup: Potential Buy Scenario: Breakout Criteria: Awaiting a breakout and close above the resistance level at 1.09456. Target: If the breakout occurs, the target...
Pair : EURUSD ( Euro / U.S Dollar ) Description : RSI - Divergence Completed " 12345 " Impulsive Waves Break of Structure and Retracement CHoCH Bullish Channel as an Corrective Patter in Short Time Frame
This week, my analysis has diverged from GU due to the bullish reaction in EU triggered by the NFP, causing a CHOCH (Change of Character) to the upside. The higher time frame structure has broken, creating clean demand zones. I now expect price to retrace to one of these demand zones before continuing its upward movement. If price continues to rise and fully...
EUR/USD has been pushing bullish and has reached a resistance level at 1.10100. We did not get a retest of the descending channel as predicted. We will now be looking to sell from the resistance level if we can find solid trend reversal patterns and candlestick confirmations on the lower timeframes.
👉🔍In this video, we closely examine EURUSD. Recently, the EURUSD has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement. In the video, I share my insights on price action, market structure, and the trend. Remember, this...
EUR/USD has formed a descending channel on the 4-hour timeframe, characterized by lower lows and lower highs following a strong breakout. currently waiting for a retest of the broken lower high structure level, which is also aligning with the Fibonacci retracement level. Once price has reached this level we will scale down to the lower timeframe of 30 mins to...
Eurusd- Elliott Wave Count FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD FOREXCOM:EURUSD FX_IDC:EURUSD PEPPERSTONE:EURUSD ICMARKETS:EURUSD CAPITALCOM:EURUSD Elliott Wave Count!
BUY EURUSD now zone 1.08300-1.08100 ↠ Stoploss 1.07900 → Take Profit 1 1.08600 → Take Profit 2 1.09300 EURUSD pair price is at the upper boundary of the price range. After some CPI data released, the pair has a tendency to break the resistance level and close the m30 candle above the trendline resistance area. The pair is still creating Dow to break out of the...
EURUSD go rally up during last week and consolidating in a Sell area. But I note with my analysis a trap of equal highs noted potential big boys will take before hitting the FVG for a real potential downtrend move. EURUSD is a great pair to watch out on our list next week. Good luck!