In this video, we explore a trading approach for the EURUSD pair. Our analysis suggests a potential trading opportunity. We provide an extensive analysis of the current price trends, carefully assess the market structure, and consider the dynamics of the market. When conditions are favorable, we identify a possible entry point. However, it’s critical to highlight...
EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields. On the upside, EUR/USD is projected to find early resistance at the key 200-day SMA of 1.0827, ahead of the April top of 1.0885...
EURUSD turned oversold today on its 1D technical outlook (RSI = 29.517, MACD = -0.004, ADX = 31.573) as it failed to sustain the rebound during the early session. The long term pattern is a Channel Down since the start of the year and this is the second bearish wave for a LL. The 1D MACD is on the second Bearish Cross inside 30 days and even though a short term...
Pair :EURUSD ( EURO / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Completed " 12345 " and " AB " Corrective Waves Symmetrical Triangle in Short Time Frame Impulse Correction
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves RSI - Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame S / R Level
EURUSD is neutral on its 1D technical outlook (RSI = 49.712, MACD = -0.001, ADX = 26.518) and that's exactly how we can characterize its trend on the medium term. Even though both this week and the previous closed on flat 1W candles, the pair remains inside a Channel Down that has just formed a 1D Death Cross. For now that is bearish and that's what we remain,...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line Break of Structure Completed " 1234 " Impulsive Waves Fibonacci Level - 50.00% / 61.80%
Hello traders,I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
EURUSD LONG Daily TF Daily TF: 4H TF: 1H TF: Trade to be initiated only when price closes above Blue Sloping TL. Otherwise, Trade should not be initiated. THe pattern formed is deformed Inverse H&S found in Daily TF. Stop Loss should be 25 to 30 pips after initiating the trade or 5 pips below round figure of 1.07
The EURUSD exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key support zone, the pair appears overextended. The accompanying video explores a potential selling opportunity on a 50-61.8% Fibonacci retracement. Please note: this analysis is for educational purposes and does not constitute financial advice.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Fibonacci Level - 61.80% S / R Level
The EURUSD has rallied on the back of the Fed holding rates and the USD tanking. The move seems over extended and has traded into a key resistance level. On the 1D time frame we can see lower lows/highs and a bearish break of structure. In the video we discuss a possible short if price action sets up the right conditions.
EURUSD has erased most of yesterday's "Fed fuelled" gains with a strong 1D red candle that turned the 1D timeframe neutral again (RSI = 48.908, MACD = 0.002, ADX = 36.543). Amidst this volatility a strong technical development is going unnoticed. The pair is about to form the first 1D Death Cross since September 28th 2023 and only second since July 22nd...
FX:EURUSD price currently reaching a perfect buying key area where we expect price to bounce and continue the bullish trend up until it hit out 'take profit'. If you like our idea then please do consider liking the idea or leave comment. Good Luck and Trade Safe.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement RSI - Divergence Break of Structure Falling Wedge in Short Time Frame
EURUSD has turned bullish on the 1D timeframe (RSI = 62.360, MACD = 0.002, ADX = 55.342) but on the 4H chart it has started the bearish leg of the 1 month Channel Up. There is still time to sell and target the 0.5 Fibonacci level on a -0.85% decline from the top (TP = 1.08870), like the bearish wave after the Feb 22nd top. ## If you like our free content follow...
EUR-USD surged up on The news but the pair Is now clearly overbought So after the retest of the Horizontal resistance of 1.09960 we will Be expecting a local correction !