As We Talked in The Previous Analysis: The Price Has Pulled Back to The Resistance Line. Currently, The Market Created a New Higher Low. So, Let's Expect The Bearish Scenario: if The Price Breaks The Higher Low and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . On Friday 3 May, The Price Has Pulled Back to The Resistance Line. So, Let's Expect The Bearish Scenario : if The Price Breaks The Support Line and Closes Below That, We Will See a Bearish Move📉 _________ TARGET 1: 1.06670🎯 TARGET 2: 1.05755🎯
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see , long for eurusd for me :) At the same time i am also bias to short USDCHF USDMEX (Mexican Peso) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed...
EURUSD is in a downtrend channel on the daily and weekly timeframe. Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10. The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and...
Hi folks today I'm prepared for you Euro analytics. A few moments ago price traded in the resistance zone, which coincided with the resistance level, and then rebounded to the trend line, but after this move, it turned around and started to decline. In a short time, EUR broke the 1.0855 level and declined a little lower, but later price rebounded up to the...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price broke the resistance level, which coincided with the seller zone, made a retest and even soon rose higher. But after this, the EUR turned around and started to decline inside the downward channel, where later the price broke the 1.0860 resistance level one...
The EUR/USD pair is poised for a potential downside move as key technical and fundamental factors align. Here's my analysis: Target Projection: With a clear break of 1.06, the EUR/USD could aim to take out the previous year's low, currently at 1.0450, and head straight for the level of 1.0377. This breakdown suggests that sellers are gaining control and may...
Hello Traders ! After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it ! At The Moment, The Higher Low is Broken (Change of Character). So, I Predict a Bearish Move📉 -------------- TARGET: 1.46665🎯
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity. In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario. So if the price reaches the bearish order block...
Like, comment and share my analysis with your frineds Morning Friends, EJ has a very strong bullish outlook and will most likely continue pushing up. Entry - 167.650 - 167.721 area SL 167.397 TP 168.507 Warning : trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to...
The Euro (EUR/USD) is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.0740 which is an overlap support. Stop loss is at 1.0690 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels. Take profit is...
I expect to see price pump after that wild range. SL 167.030 TP 168.010 Make sure to apply proper risk management. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings See my signature below...
Euro Stonks are raging higher Euro zone growth has been terrible ever since the inception of the #EU and especially with the introduction of the common currency. (common currency but uncommon debts) Why are they going up now Are they simply playing catch up Is the ECB going to engage in FED like stimulus and PPT activities? Currency devaluation or actual...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to downward wedge, where it broke $1.0850 level and fell to support line. After this movement, EUR turned around and made upward impulse to resistance area, exiting from wedge pattern. But soon, price exited from resistance area,...
EURJPY may retrace from a key daily horizontal resistance. The market looks quite overbought after quite an extended bullish movement. A cup & handle formation on an hourly time frame indicates a local strength of the sellers. I expect a retracement at least to 166.76 support. ❤️Please, support my work with like, thank you!❤️
EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the...
It is worth noting that the euro has been in a major downward trend for over 14 years (5200 days). And it's time to end it. In 2024-2025, the euro will rise. Possibly also in 2026 Proof of the great rise of Bitcoin, and that something we haven't seen before, something much better, is coming. For crypto, a weakening dollar is very important.
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.