EURUSD: Bearish 1H Possible Rejection at 1.09070The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations.
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Eurusdshort
Shorter term Pullback After forming H4 Bearish Engulfing (BE) this rising channel need to break lower TL before we can go short ,
TP is defined on lower TF to Higher TF , depending on how you read chart and what TF you take to enter market.
Most major trend reversals have at least a 30% pullback before forming a higher low, which would be a pullback to 1.05 on the daily chart (Weekly TF).
EURUSD SELL OFF COMINGThe EURUSD currency is in a critical zone for Day Traders like me, so what is happening here?
The market has taken the PWH (Previous Week High) which means the market has Triggered the SLs Above, then plunged from there why? coz it has taken the liquidity above so as always we want to see a pullback of at least the 50% of the last week's candle which brings us to this chart's analysis.
The time frame of the market work on the thing which is (AMD) Accumulation, Manipulation, and Distribution, if have a look at yesterday's Price action the market then attacked PDL then reversed in the New york Killzone and what is the market doing today?
As soon as the market opened Today it immediately attacked PDH creating an SMT(Smart Money Tool) then plunged from there and even created an OB(Order Block) an FvG which ladies and Gentlemen give us a great probability of selling EURUSD.
in Conclusion the market is in :-
✔ Old 4H OB
✔ TOday's OB
✔ Waiting RTO
That is all from me today have a nice and profitable trading
EUR/USD :: Is a sales position created ?EUR/USD :::
The price is in an upward trend and the limit of 1.08 has been hit the most in the short term.
The price has not yet hit the ceiling of the channel, but there is a possibility that the price will return to this range.
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EURUSD Technical Analysis and Trade IdeaIn this video we take a look at the EURUSD for a possible trade opportunity. We discuss levels of support and resistance, price action, market structure, the trend, and potential stop-loss and target levels. Please note that this should not be considered as financial advice.
EURUSD - 23rd January 2023There is 4H MacD Divergence and price is currently retesting the top of the range after the break out. There is an uptrend on the higher timeframes. Priice is showing signs of getting ready to drop and make a Higher Low, however we need to monitor if price re-enters the range or if it respects the top break-out, there is a chance it could push higher before selling.
EURUSD - Possible ShortI shared this prediction before on Jan. 10th and so far EURUSD is showing some nice rejection to the upside but to confirm the push below we must wait for it to close below the ascending channel.
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EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. This time after the FOMC, the dollar became even more WEAK. Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. Stay tuned for FED UPDATES and US DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0860 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR.
- After that, EURUSD can go up to 1.2000 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
#EURUSD short #signalDear friends and companions:
According to my roadmap, the divergence between the price chart and rsi is evident in the 4-hour time frame. From here, I get a low-risk, high-reward short potision.
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EUR/USD :: Can it break the support line ?EUR/USD :::
The price has not touched the ceiling of the channel and in the first step it is expected to touch the ceiling of the channel and then move towards the support lines .
If the first line is broken, the price will be suffering for a while, and if it can break the second line that has created a triangle, the price will decrease quickly .
EURUSD swing tade ideaHigher timeframe downtrend. The yellow line represents 50% of the monthly range.
Blue box represents the first area price can react from to then reverse and make a new lower low.
My SL would be the new higher low that gets created in or around the blue rectangle. If I risk 1% of the trade my first partial profit will be the amount that I have risked for the trade. I will continue to take partials on the way down in certain areas
#EURUSD-SELL-Hello Traders, #EURUSD has been bullish due to DXY have failed to reverse on multiple occasion taking EU to the moon!!!. However, we are expecting this move and it may be the good time to consider shorting #EU before FED announce its decision on whether or not to hike interest rates or not in February.
-So what we are looking for ? - we currently looking for a strong daily bearish candle so today is decider, if prices shows bearish momentum we may consider entering a short using smaller timeframe.