SL: 1.06500 ENTRY: 1.07626 TP: 1.0 After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line. This ultimately formed a higher low and a continuation of the overall bullish trend. Price then began a bullish move until it met resistance at a weekly supply zone and created a...
the cycle is on .. and look like we are bottoming out its anchored to oil's price action on the lowe time frames Back in the day
With ECB expected to hike the interest rates decision from 0.50 to 1.25 we could see anew bullish swing of the euro. BUY EurUsd at 0.99073 tp @ 1.0021 sl @ 0.9847, Looking at the price action we have an inside bar that has formed on the 1 hour chart. Use proper money management.
i think it's going to happen if price a little bit come back... Dont forget Money Management! Goodluck ;)
Price is Ranging and Buyers Stepping up Trading for a double of the range
On the daily chart of the EUR/USD , the completion of a bullish divergence is observed today. Euro has reached a 50% correction to the downward impulse on January 14-28, 2022 and the resistance level is around 1.1313. These and other factors of our trading strategy give a signal for the growth of the Euro. We believe that the first wave of this growth has come to...
Hello Traders, as you can see this is a lovely setup on a weekly chart. a breakout then a clear retest happened. so we are definitely ready to see some push higher for the Euro Dollar, however I'm suggesting a triangular setup that might take the euro in a sideways move before any surge might happen.
Hello Traders, Euro is trading near 161.8% fibo a critical area in which we will be looking to start a pullback higher and to think of long positions. however in terms of Elliott waves we can still have a missing leg towards a double bottom or a minor new low before any reversal might happen.
the Euro Pair has proven that the last move up was not corrective however impulsive, that means any pullback towards 1.1590/1.1580 we will be looking to long the pair. lets not mention that the dollar index is falling and retreating from highs against most of the foreign currencies.
we have just broken out of the corrective structure, Buy is imminent
Take a look below you will see the previous analysis of this pair. Originally price formed a double bottom. Price retraced to the neckline as expected. After the retracement priced formed a doji on the daily (signally a possible reversal after the downtrend/sell of). This area was near 61.8 fib level, which is where price respected and found support at this...
Weekly Price found support and has been consolidating after a long downtrend. The previous weekly candlestick was a large bullish candle, which showed there was a significant amount of bullish pressure. Daily Price appear to have found support and formed a double bottom, which is a bullish candlestick pattern. After the formation of the double...
Expecting some bullish pressure of the EURO. Price made a bearish fall but ultimately respected the monthly trend line. Price then formed a double bottom (which is a bullish candlestick pattern) There was also bullish divergence confirming that price was ready to make a push to the upside. I am looking to enter a long positon, once price make a retracement...
the pair is finishing an intermediate 5 waves cycle that will label the grand cycle wave 3. the resistance area is expected to start near 1.2260-1.2290. a three waves pullback is expected to retrace and retest previous wave 4 near 1.2060. we will be looking forward to buy the pair again to target new highs finishing wave 5.
long euraud for the target that shown in the chart. Bull flage is firmed and Fibonacci cluster supported the price.
long eurnzd for two target that shown in the chart. flag is firmed and price is supported by Fibonacci cluster.
the exotic pair traded in a side ways ranging market for a long period of time, last week we witnessed a breakout to the upside in which a bullish momentum is gained. a retest was made by the pair during the Asian session today!! and the critical level acted as a great support. a potential bounce can be seen from the current levels or from 1.6505 level. the stop...
Aloha,with the dollar (DXY) weakening, Euro could be a temporary long at least to the 50ema on the daily...we'll see what happens there: either a continuation long (a pattern will show us), or a rejection back to form a running channel for clearer direction. Placed the entry right above the 50 ema on both the 15 min and 1hr. First trade of the month. Another...