EURUSD - Parallel channel in play!The following chart offers a closer look at the current structure of the EUR/USD pair on the 4-hour timeframe. Price action has been respecting a well-defined bearish parallel channel, which has provided clear boundaries for both resistance and support. Based on the ongoing reaction to these levels,
About Euro / U.S. Dollar
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
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EURO - Price can continue to decline in falling channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
For a long time, the price was moving within a large ascending wedge, showing a gradual upward trend.
However, buyers failed to maintain momentum, and the price made a decisive breakout below the we
123 Quick Learn Trading Tips - Tip #7 - The Dual Power of Math123 Quick Learn Trading Tips - Tip #7
The Dual Power of Math: Logic for Analysis, Willpower for Victory
✅ An ideal trader is a mix of a sharp analyst and a tough fighter .
To succeed in the financial markets, you need both logical decision-making and the willpower to stay on track.
Mathemat
EUR/USD - Bullish parallel channel formation!The EUR/USD currency pair is currently exhibiting a bullish market structure on the 4-hour timeframe, moving steadily within a well-defined ascending parallel channel. Price action has consistently bounced between the lower and upper boundaries of the channel, with each dip finding support at the lo
Euro may reach resistance level, break it and continue to growHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
For an extended period, the price was dictated by a descending channel, with each rally attempt failing at its upper boundary.
The downward trend culminated in a test of the crucial support level at
Euro may correct a little and then continue to rise in channelHello traders, I want share with you my opinion about Euro. Observing the recent price action, we can map out a clear transition in market structure. Previously, the pair was contained within a well-defined downward channel, where the seller zone around the 1.1760 resistance level consistently cappe
EUR/USD Flexing Strength- Is the Next Big Coming? EUR/USD Market Update – Bullish Setup at 1.16440
EUR/USD is trading around 1.16440, maintaining its bullish momentum in the current uptrend.
🔹 Current Price: 1.16440
🔹 Support Zone: 1.1600 – 1.1620
🔹 Resistance Zone: 1.1680 – 1.1700
🔹 Trend: Strong bullish structure with clear upward momentum
Th
EURUSD at Make-or-Break Zone: Time to Short?EURUSD – Key Data Out Today, Short Setup Confirmed?
Today, several important economic indexes were released for both the Euro(EUR) and the Dollar(USD) . Let’s break them down in a simple way:
Eurozone PMI Data: Mixed to Weak
France:
Manufacturing PMI: 48.4 (slightly lower than forecas
EURUSD I Its re-accumulation. COT Overview Hey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend.
🎯 Non Commercials added significant longs and closed shorts at the same time. So for that reas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the EURUSD pair is quoted as 1 EUR per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 EUR.
EURUSD is a major currency pair, i.e. a popular currency paired with USD.
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