Eurusdsignal
EurUsd has carved a very nice topAs I said multiple times in the past 2 weeks, 1.0350 is strong resistance for EurUsd and I expect a drop from this zone.
Although the pair had a spike above this zone and reached 1.0475(which is marked by a strong Pin Bar), the overall idea was the same: resumption of the downtrend.
Last week we have distribution in this zone and now the pair looks ready for a drop.
My target for this drop remains under 1.01 and as long as last week's high is intact sell rallies is my strategy
DeGRAM | EURUSD channel breaking EURUSD is moving down .
The market could not make higher high and higher close.
Price action shows rejection at the resistance level.
We anticipate a short-term decline from level.
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DeGRAM | EURUSD range at resistanceEURUSD is still testing a major resistance level.
The market created rejection candles on the higher timeframes.
Price action shows overbought conditions and deceleration.
We anticipate a short-term decline from level.
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DeGRAM | EURUSD false breakEURUSD is still testing a major resistance zone and psychological level at 1.0500.
Price action shows overbought conditions and a false break.
We anticipate a short-term decline from level.
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DeGRAM | EURUSD overboughtEURUSD is approaching a major resistance zone and psychological level at 1.0500.
Price action shows overbought condition.
We anticipate a short-term decline from level.
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EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURUSD short opportunityEURUSD broke out of the ascending channel .
The market broke and closed above the support level.
Price action is testing a major resistance level.
We expect a short term pullback from level .
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EurUsd could fall from major resistanceSo far, the month of November is one of correction for EurUsd with the pair rising more than 600 pips in the last 2 weeks.
However, let's not forget that the long-term trend is strongly bearish, and also fundamentally nothing changed significantly and a slightly better-than-expected CPI alone couldn't change a strong trend.
At this moment EurUsd is facing a very strong resistance that starts around 1.0350 and extends above 1.04 and this could be a good opportunity for traders to join the long-term trend.
That being said, rallies in this zone should be sold keeping in mind possible spikes when setting stop loss.
1.02 is the first obvious support followed by important parity zone.
EURUSD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on EURUSD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
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