As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . At The Moment, The Price Has Pulled Back to This Key Level Which Has Become The resistance Level. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Higher Low (1.06780 - 1.07245). We Will See a Bearish Move📉 TARGET: 1.05755🎯
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to wedge, where it at once bounced from support line and little rose, but then started to decline. Price fell to resistance area, after which bounced up to resistance line of wedge and then in a short time declined to support line. Also,...
Hello folks, I am generally bearish on EURUSD at the moment, and I am still waiting for lower prices, but we could see more bullish momentum first. The logic behind this is of course to lure more bullish traders into the market, but I also do not see any significantly high impact news yet. However, if you see my other analysis, I am looking for a monthly close...
Hello Traders ! Previously, The EURUSD Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (1.07431 - 1.06950) . This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move 📉 ------------ TARGET: 1.05755🎯
Hello Traders ! On Thursday 25 April, The EURCAD Price Reached The Resistance Line and Failed To Break it ! The Last Higher Low is Broken (Change of Character). So, I Expect a Bearish Move 📉. ----------- TARGET: 1.45965🎯
🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
OANDA:EURJPY The pair is extremely overbought also shows signs of divergence. A clear doubletop is forming. At the moment the price action is largely dependent on BoJ decision, but it seems that it is ready to support the Yen. The trade is risky, but the reward is considerable.
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Preferred direction: BUY Comment: All previous trading ideas for the euro were closed with profit. For now, it's best to wait until next week, but we're already highlighting the two most likely scenarios. The euro remains bullish and there is short-term growth potential. In addition, there are assumptions regarding the level of 1.09000. and even 1.09500...
As the new trading week kicks off, the EUR/USD pair finds itself in a sideways movement, hovering around the 1.0660 mark. Last week, market participants witnessed a potential bullish momentum, sparked by several technical signals indicating a shift in sentiment. One notable signal was the recognition of a bullish impulse originating from the 78.6% Fibonacci...
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
Technical analysis of EURUSD ahead of important US Fundamentals. Price action, key levels analysis. Potential scenarios. Trading recommendations. ❤️Please, support my work with like, thank you!❤️
Hi folks today I'm prepared for you Euro analytics. A not long time ago price in a short time rose to the trend line and then made a strong impulse down to the 1.0730 resistance level, which coincided with the resistance zone and even soon broke it. After this movement, the price declined to the support zone, which coincided with the 1.0640 support level, but at...
This is a short idea I have, and most likely it will come to fruition. We have a good liquidity pool taken out with a great reversal displacement. We also have a great draw on liquidity for the buyside. See here for my analysis on the Daily timeframe. Refer to my notes within the screenshots for context. Happy trading! - R2F
Hello Traders ! On The Daily Time Frame, The EURJPY Price Formed a Rectangle Pattern. Presently, The Resistance Level is Broken ! So, I Expect a Bullish Move 📈 ------------- TARGET: 166.430🎯
EUR/CAD is rising towards a resistance zone that is bounded by the descending trendline and Fibonacci retracement levels. It could potentially reverse off this zone to drop lower. Sell entry is between 1.4650 and 1.4655 which is a resistance zone that is bounded by the descending trendline and Fibonacci retracements at 38.2% and 50.0% levels. Stop loss is at...
EURAUD has turned marginally bearish on its 1D technical outlook (RSI = 44.934, MACD = 0.000, ADX = 23.651) and dropped under the 1D MA50 and 1D MA200. This happened at the top of the Channel Down. We turn bearish, aiming at a symmetric LH wave of -4.31% (TP = 1.60250). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments...