I'm looking at the EUR/USD retracing from the current level, targeting the previous support level visible on the 4-hour chart. This aligns with my expectation of price rebalancing. If the entry is at the current level, aim for a 1:1 (1R) risk-reward ratio with a SL above the high.
EURUSD has turned marginally bullish on the 1D timeframe (RSI = 55.444, MACD = -0.001, ADX = 39.548) but today made the second rejection on the 1D MA20 since February 22nd. Based on the 1D RSI uptrend that has started, the price action seems very much like the October 24th 2023 rejection, which pulled back near the 0.786 Fibonacci level. According to that, we...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement RSI - Divergence Fibonacci Level - 50.00% / 61.80% Completed " 12345 " Impulsive Waves and " A " Corrective Waves
EUR/USD continues to fluctuate in its daily range above 1.0800 in the American session on Friday. The data from the US showed that ISM Manufacturing PMI declined more than expected in February, making it difficult for the US Dollar to gather strength.EUR/USD stays in daily range above 1.0800 after US PMI data EUR/USD is the forex ticker that tells traders how many...
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...
EURUSD is technically neutral both on the 1W and 1M timeframes (RSI = 50.883 and 49.520 respectively), which indicates a lack of trend currently. This is justified technically as the late 2022 - early 2023 rally stopped on an emphatic July 2023 rejection on the 1M MA50. December 2023 gave a second rejection on the trendline, which makes for a technical Double Top....
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...
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...
EURUSD turned neutral technically on the 1D timeframe (RSI = 49.576, MACD = -0.003, ADX = 24.613) for the first time since February 1st which was the previous LH of the two month Channel Down pattern. It hit today the 1D MA50 in the process and got just pips away from a 4H MA200 test, a trendline that has been intact as a Resistance for almost 1 month (since...
FX:EURUSD has broken out of an area of interest, once I see a retest of that zone (1.07900) and it holds as a new found support, I will be going in for a long. #EURUSD May just have the capacity to hit 1.10374 Do your due diligence
Here is my latest structure analysis and important key levels to watch on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
A move to the downside seems reasonable when it comes to trend following
EURUSD has been providing successive low risk signals inside the 2024 Channel Down, as every crossing over the 4H MA50 is a technical sell opportunity. The 1D technical outlook remains bearish (RSI = 36.769, MACD = -0.004, ADX = 25.401) which continues to justify selling inside the Channel Down pattern. We are waiting for yet another 4H MA50 breach in order to...
we are marking structure on 4h tf. eur/usd is making lower lows and lower highs indicating a downtrend and marking resistance on 4h tf. when London opens at 3 am EST 30m and 1h close below resistance. we are taking a short entry there. we have CPI, PMI, retail sales and multiple fed member speaks. monitor economic events closely and manage your position.
EURUSD is trading inside a Channel Down ever since it made a High on December 28th 2023 with the 1D technical outlook steadily bearish (RSI = 39.870, MACD = -0.004, ADX = 22.645). After the price crossed under the 4H MA50 on January 2nd 2024, every time it recovered over it, the most optimal sell opportunity emerged for the short term. As long as the 4H MA200...
I expect a bearish movement from intraday horizontal resistance on EURUSD. I see a nice double top with strong rejections and confirmed neckline breakout. I expect a bearish movement at least to 1.0763 ❤️Please, support my work with like, thank you!❤️
EUR-USD fell down but Has reached a horizontal Support of 1.07361 from Where I think we will See a bullish rebound !
The EURUSD is currently situated in the Daily Demand area, signaling a possible dominance of buyers. The existing upward trend remains intact unless there is a break below the critical Higher Low level at 1.07250. Being within the Daily Demand zone, the EURUSD indicates a positive outlook for buyers, with the upward trend likely to persist as long as the crucial...