Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸 The market is trading within a wide horizontal range on a daily. The price nicely respected its support and the yesterday's FED decision to keep the interest rates will most likely push the prices higher to the upper boundary of the range. 2️⃣...
EURUSD is trading in a long-term bearish trend. After the price set a new lower low at the beginning of October, the market started a correctional movement within a bearish flag pattern. Closely monitor a support of the flag next week, its violation - a daily candle close below, will be a strong bearish signal. A bearish continuation will be anticipated then...
Multiple time frame analysis for EURUSD. Daily/4h/1h outlook. Price action & important key levels. Bullish bias explained. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for EURUSD. Horizontal Key Levels Support 1: 1.0618 - 1.0645 area Support 2: 1.0495 - 1.0509 area Support 3: 1.0448 - 1.0466 area Resistance 1: 1.0690 - 1.0737 area Resistance 2: 1.0756 - 1.0775 area Vertical Key Levels Vertical Support 1: Falling trend line Consider these structures for pullback/breakout trading. ...
Here is my latest structure analysis for EURUSD. Support 1: 1.0448 - 1.0468 area Resistance 1: 1.0618 - 1.0644 area Resistance 2: 1.0691 - 1.0738 area Resistance 3: 1.0755 - 1.0794 area I believe that probabilities will be high to see a bearish continuation to Support 1. Consider the underlined structures for pullback/breakout trading. ❤️Please, support...
We have a busy claendar today for forex traders, with US producer prices data, FOMC minutes and several Fed members set to speak. Clearly this lineup has the potential for some larger moves on the US dollar, and that helps explain why the 1-day implied volatilty level for EUR/USD is nearly 200% of its 20-day average. What’s grabed our attention is that DXY has...
Here is my latest structure analysis for EURUSD. Support 1: 1.0448 - 1.0468 area Resistance 1: 1.0574 - 1.0644 area Resistance 2: 1.0691 - 1.0738 area Resistance 3: 1.0755 - 1.0794 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
EURUSD nicely respected a key historic horizontal support. Taking into consideration that the pair is quite oversold, probabilities will be high that a correctional movement will initiate from the underlined green area. Goals: 1.063 / 1.069 ❤️Please, support my work with like, thank you!❤️
✅EUR_USD is in a very Strong downtrend and the Pair has been falling for a while now So much so that it is now oversold Thus as the pair is retesting a Horizontal support level of 1.04833 I think that we might see A local bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Following the interest rate decision, we observed a pronounced sell-off within the market. This resulted in a decline to the significant monthly support level at 1.0635. In the forthcoming period, our outlook is anchored on the potential for a price resurgence towards the 1.0686 vicinity. The critical juncture will be the price's behavior at this level; if it...
Following the previous analysis, the Euro has activated Sell Short positions by reacting to the specified QM level and then decreased to the weekly demand area. Now, considering the engulfing of the Major SR line and the formation of the FTR area, there is a possibility of a trading range between this area and the weekly demand area. Due to the price being...
See the three touches on the upper trend line. If this line holds, the DX price could move down to the 98 area. Also the RSI (10) is overbought. Such a chart could be used to short the DX, or to go long the EUR/USD and the precious metals such as gold, silver, platinum. If I were to trade the DX short, I would place an extra big stop loss, maybe at 103.90 or at...
Observe the current Forex analysis for EURUSD, focusing on the return towards the weekly resistance point at 1.0833. Let's closely monitor the price dynamics of EURUSD on both the daily and 15-minute charts. The price has experienced a rally, bringing it closer to the significant weekly resistance point at 1.0833. This level, ranging from 1.0833 to 1.0841,...
• Technical long term picture for the Euro/Dollar pair is a bit mixed at the moment and at a critical area • The yearly rally from 0.95 to almost 1.13 represents the 61.8% retracement level of the 2021 decline from 1.22 to 0.95 • The above statement gets us wondering whether the 2022-2023 rally is a trend reversal and bullish trend or just a correction of the...
Gain valuable insights into market trends with TradingView's advanced analysis tools, including the highly regarded Elliott Wave analysis technique. Explore price patterns and potential wave formations, empowering you to make informed trading decisions. Follow for more insightful analysis and stay ahead of market movements.
EURUSD is currently trading between 2 solid key levels. Depending on the reaction of the price to these structures, I see 2 potential scenarios next week. IF the price breaks and closes above 1.094, I will expect a bullish movement at least to 1.101. IF the price violates 1.083 support and closes below that, a bearish continuation will be anticipated to...
EURUSD is trading a minor bearish trend. After the price set a new lower low on a 4H time frame, the market retraced to a confluence zone based on a horizontal resistance and a falling trend line. I expect a bearish movement from that to 1.0855 ❤️Please, support this video with like and comment!❤️
EURUSD is currently stuck within a horizontal trading range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. If the price breaks and closes below the support of the range. I will expect a bearish trend continuation at least to 1.0855 support. If the price breaks and closes above 1.106 resistance, a bullish...