EURCAD could potentially move back to the 1.51800 area (and beyond) if the Demand zone, which was tested once before, holds for the second time around the 1.50700/800 area. A potential confirmation that the Demand zone would hold would be a combination of bullish price action (candlestick) and a relative increase in Volume (bullish pressure). Today is also a day...
An interesting and tempting situation is happening. But I wait for the candle to close daily. However, we have been given the desired confirmations for sale!
I think the price will test the resistance line again. It's more likely that we will bounce back from it and renew our lows. History shows that we shouldn't wait for a retest near to resistance. So I'll put the order in advance. Don't forget about SL. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the...
EURUSD - Intraday - We look to Buy at 1.2016 (stop at 1.1998) Daily signals are mildly bullish. We look to buy dips. 20 4hour EMA is at 1.2017. We can see no technical reason for a change of trend. Trading close to the psychological 1.2000 level. Our outlook is bullish. Our profit targets will be 1.2069 and 1.2089 Resistance: 1.2040 / 1.2070 /...
Hi Everyone, EURUSD is moving towards supply zone on weekly chart, its a long term setup, day traders can use it for their TOPDOWN analysis only. Disclaimer: The above analysis is a personal market judgment based. Hope investors will consider and like, however I am not responsible for your investment decision. Wish you best of luck.
EurUsd looks to be continuing to ascend. So I went long @ 1.20363. Let’s see what happens. Hopefully it continues for my sake lol. What you guys think?
Enter the sale at the specified point and after breaking the trend line
EURUSD - Intraday - We look to Sell at 1.2069 (stop at 1.2087) Daily signals are mildly bearish. Bearish divergence is expected to cap gains. A lower correction is expected. Preferred trade is to sell into rallies. Our profit targets will be 1.2016 and 1.1996 Resistance: 1.2070 / 1.2100 / 1.2120 Support: 1.2060 / 1.2040 / 1.2020
A retest of 1.199 is a possibility. 1.199 was a very strong resistance level that was used and respected multiple times before yesterday price smashed through this level, now when price breaks such a strong level we do expect price to come back down and retest that level as support before making more bullish moves up to our target area which is marked out with a...
Channel Scheme Target one: buy 1857.50 Don't forget to look the economic calendar. THANK YOU! GOOD LUCK!
Flat Top/Bottom Target one: sell 1.18250 Don't forget to look the economic calendar. THANK YOU! GOOD LUCK!
EURUSD - As per the parallel channel it's running around a stiff resistance zone and potential likely to drag down further, showing weakness over a daily and weekly candles as well, with the technical chart patterns also indicating a loss of momentum, Go for short sell here around 1.20500 Potential downside target 1.19250 Maintain stop loss around 1.21150 Follow...
Price is facing bullish pressure from our Pivot point at 1.19900, in line with 23.6% Fibonacci retracement and graphical pullback support, where we could potentially see a further upside from our pivot towards our 1st resistance level at 1.21234, which is in line with 78.6% fibonacci retracement and graphical pullback resistance level. Ichimoku cloud and EMA are...
EURAUD on the 4h chart is moving over a trendline near to a minor structure. The price tested the trendline a few times and according to Plancton's strategy if the market will break below we will set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
EURJPY is currently in an uptrend on pretty much all timeframes. It has been trading sideways for 2 weeks now without a succesful breakout. In order to continue, we should see a break above 130,65. This will give us an entry opportunity on the retest of this level. Our target after a breakout will be 131,69! We expect to see some progress on this situation...