EURUSD may retrace from a key daily resistance. The market looks quite overbought after yesterday's bullish rally. As a confirmation, I see a bull trap on an hourly time frame followed by a bearish imbalance. Goals: 1.085 / 1.0835 ❤️Please, support my work with like, thank you!❤️
EURUSD is bullish on its 1D technical outlook (RSI = 61.508, MACD = 0.003, ADX = 33.468) but is on the 4th day of descend, which is a natural reaction as it almost hit the top of the 5-month Channel Down. In the meantime the 1D RSI almost hit the top of its own 5-month Rectangle. We are still on the ideal level to short. Our Target is intact just over the 1.236...
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📉 Bearish Reversal Setup on USD Pair: Trade Idea and Analysis 📉 Overview: This analysis focuses on a potential bearish reversal pattern for a USD currency pair on the shorter timeframe. ⏳ Recent price action suggests a downward movement, and this trade idea aims to capitalize on that potential. 📉 🔍 Analysis Details: 1. Current Price Action: - The price is...
EURUSD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most...
The 1.08000 zone still has a lot of selling pressure, so if there is no clear breakout, the price would have to fall back towards the 1.07500 level. Guys, what do you think? Leave a comment with your thoughts.
Despite being in a long-term bullish trend on EURUSD, we can not deny the following bearish clues: The pair has broken a support rising trend line and closed below it on a 4-hour chart, as well as forming a descending triangle pattern and breaking its neckline. These two bearish confirmations suggest that the market could continue to drop lower, with potential...
Expected Price Movement: After rejecting the upper channel line, there’s an expectation for a short correction. The target for this correction is around 1.08059 which is the next support level also this level aligns with the lower line of the channel. Resistance levels 1.08950-1.09150 Support levels 1.08100-1.07950
Hello traders, as we prepare for the week ahead; allow me to share my thoughts on EU. EU is still bearish on a HTF, we haven't taken out swing LH yet. but we are indeed seeing a swing pull back after the market broke swing lower lows. Following previous week with High impact news we expected a turn for EU on the internal LH but unfortunately the market violated...
Hi my friends EURUSD is still bullish and from here , i believe that buyers will increase their long positions ! and also momentum is bullish too ! So , you can buy EURUSD from here But keep in mind that money management is the key to success !
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.0876 Sl - 1.0924 Tp - 1.0786 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Looking for a buy opportunity. Reasons: 1. breakout and retest on the support area, which i drawn 2. making a double bottom Pattern in 5 and 15 minute charts. Use proper risk management. Thank you
📈EURUSD Anylisis 🔍Currently EURUSD Finds itself at a crossroads caught between two vitel daily structures. Looking ahead to next week's potential moves here are two scen to watch: 1) Bullish outlook if the market breaks the trend line and seals the deal with a solid close above a hefty resistance line forming a Substantial falling wedge on the dialy chart it...
Good Morning London, The H4 is a currently in a bearish cycle, evidenced by the break of structure that took place last week. Yesterday, we saw the market begin to give a bearish continuation to the downside but stalled towards the end of New York. I'm anticipating a bearish continuation this morning based on the following: 30mins BMS with price...
The EUR/USD 1-hour chart shows a clear pattern of bullish movements, marked by three distinct legs of upward momentum. Each leg is followed by a pullback, indicating a consistent pattern of price corrections after bullish advances. Given this recurring behavior, it is likely that EUR/USD will experience another pullback similar to the previous movements. For the...
📈EURUSD Anylisis 🔍Currently EURUSD Finds itself at a crossroads caught between two vitel daily structures. Looking ahead to potential moves here are two scen to watch: 1) Bullish outlook if the market breaks the trend line and seals the deal with a solid close above a hefty resistance line forming a Substantial falling wedge on the dialy chart it might be time...
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...