I'm expecting bullish movement on EURUSD throughout the remainder of the month. We've already come down and took out liquidity residing below December 15th low (1.08811) and filling in the gap below that level. If price manages to push with good volume pass the 1.08963 price I'll be looking to enter a long position aimed at December's high.
Opportunity for Long trade with a success rate of over 75% The price is likely to hit TP1 with a 75% chance and TP2 with an 65% chance. Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
Despite the awaiting of the CPI news today, I am very optimistic that all USD pairs may long after the news release. From the chart, the price is retesting 1.18205 level and after the restest, the price is expected to reach the 0.618 fibanacci level on the daily time frame at 1.11166
The USD is showing some terrible weakness today after going up strongly yesterday. It could be due to the better than expected down on oil inventory which stimulated demand for USD and lessen fears of recession forcing down a Fed rate hike. So the USD strengthen yesterday on 26 Apr 2023. Now on 27 Apr 2023, the USD Strength seems to have reversed. The long EURUSD...
The EURUSD is showing a steady uptrend which is amazing for the long trade. There are good entry at the recent resistance level of 1.099 and good fundamentals behind the EUR strength against the USD. Also, this is a trend that appears to be able to continue for months ahead.
EURUSD shook off 2 days of indecision to rally last Friday. I was wrong to jump to conclusion that indecision daily candles last Wed & Thu was a sign of possible EURUSD decline. After all, DXY is showing clear USD weakness. Also the monthly and weekly HA Candles are still showing strong bullish candles.
- H4 bullish bias - Price retraced to discount area of previous price leg into a M15 FVG - Market structure shift with displacement, creating a M5 FVG - Multiple returns into M5 FVG SL below M5 FVG candle TP1 + BE Asian range high TP2 symetrical swing, 100% fib extension Cons: - London open may wipe out stops before moving in the opposite direction - Outside of...
LONG EURUSD First idea published. Don't execute on this. Friday-Monday AM - correction from previous week impulse leg Sunday NY PM Session 13:00 sharp - correction reaching into HTF (H4) order block from previous week - potential low of the week formed Tuesday London Session - impulse leg - leaving previous day high and candyland intact - liquidity at candy...
EURUSD is possibly forming an uptrend correction phase with possible target to the upper down channel on the weekly timeframe to area 1.18-1.20. Currently EURUSD is below the resistance area at level 1.08 and a break will confirm its next leg up movement.
Note: When the price is close to your entry range, it is better to go to the 5-minute timeframe before entering the position and wait for the change of character and then place your limitorder in the base that caused the change of character or FVG. Goodluck ..
overall my directional bias for EU is short. important area of resistance around 1.06200 which can act as liquidity area to dump price on lower levels. meanwhile I'm waiting for my alert to activate for bigger risk to reward setup. checkout last weeks profitable signals for USDCHF and EURJPY
Hello there I guess the chart is clear and don't need to explain , As you can see we are in ascending channel in H4 . the AO indicator shows a positive divergence. Actually last week the EURUSD broke a strong resistance and I'm wating for pullback. Thanks for your time
Buy EURUSD at 0.9660 Target 0.9876 stops below 0.9626 Use proper money management
Buy NZDUSD at 0.5669 Target 0.5816 stops below 0.5640 Use proper money management. As I said earlier the big boys are shorting the dollar.
A break out of contracting triangle indicates this eurusd will try upside target again. My stop for this long positiin would be BELOW 1.00968 (low of 27 July), the lowest of lower trendline of the contracting triangle. Manage your risk well. Min target is R:R 1:2. My personal taking profit area would be somewhere around 1.04-1.05. Trade well and wisely.
I spotted this time might be good chance for EURUSD to brrak higher after hitting parity and level below parity last week. The risk for this trade is BELOW the lowest price of last week. The target profit would be around 1.0350-1.0400. Trade well. Trade wisely. 🙏🙏🙏
OANDA:EURUSD has been on a downhill for a very long time. At the moment price has come to a historic support level. Alot of liqudity lies between 1.047 and 1.031 this is a great level to go long. Use proper money management as we target to long with 1.1507 being our long term bullish target. Use proper money management. Cheers to everyone. OANDA:EURUSD
OANDA:EURUSD My speculation will be BULLISH in the next couple of days for EURUSD Pair! As seen we are forming a parallel upwards slope. Indicating a possible bounce support on the dynamic support zone. Why this Speculation? 1) Dynamic support zone is being retouched in a uptrend (higher high & lower lows) 2) CCI is rising UPWARDS under the undervalued...