EURUSD. A sharp drop followed the corrective move upside. The price is likely to resume bearish trend as we can also see five waves to the downside. This analysis is based on the Elliott Wave Theory. Manage risk while trading.
if doesn't drop today most likely a consolidation up to and around 0.8731-0.8760 until next Thursday 15th September 2022 12:00pm but rest a sure WILL DROP! No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management) THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR...
Hey traders, EURUSD is trading in a strong bearish trend. The price action perfectly respects the boundaries of a major falling parallel channel. Next week, pay close attention to a confluence zone based on the resistance of the channel and 1.01 - 1.014 horizontal supply zone. I will look for trend-following opportunities from there. Alternatively, if you...
Let's see if the EURUSD can hold the zone @ 1.0000 or if we smash it and see a new low. If not and we get a confirmation we could see a good bullish move. If the DXY starts moving down now as expected the bullish move could already start in the next few hours. But im waiting for EURUSD to come back down to 1.000. What do you guys think? Please comment it down...
When we look at the past history, Germany, whose army was liquidated by nato and russia, decided to form an army again. Europe will invest its savings in arms. Since the world arms market giant is America, the biggest demand for dollars will come from Europe, what triggered this, Russia's attack on Ukraine? of course no. The second largest army of the...
FX:EURUSD Target and stop loss are specified in the chart
Looks like a break up out of the weekly channel and then a successful retest. Very bullish and 110 + likely soon. Euro likely continues sell off and goes below parity with the USD as I posted before.
GBP – The British pound weakened on Wednesday as data showed inflation climbed to its highest level in more than four decades in July, heaping pressure on the Bank of England to bring down prices but increasing the risk of a sharper economic slowdown. FOMC – According to the Fed’s July minutes, officials saw “little evidence” that inflation pressures were...
eurusd long because of demand zones and bos breaking to the upside. Looking to get into trqade to go long before supply comes in around the 4hr zone.
eurusd is long because of demand and bos breaking. looking for longs till the nezt imbalance
Price action analysis for EURUSD. Potential scenarios. Your trading plan. ❤️Please, support this video with like and comment!❤️
Well I saId that would be it, but I am going to one every now and then if the opportunity is good enough, So EURUSD has been in some serious balance now from the 18th July, the amount of transactions taking place at this level is enormous, and the market is pricing this area in as a great fair value. CPI Data last time was expected 8.6% and we received 9.1%, CPI...
There seems to be no end to this sideways trend that EUR/USD has been forming for the last couple weeks. You could argue that some sort of SUPLY formed on the h1 and m30 timeframes, since plenty of volume came in to the market (news related), but still... the price failed to break significant structure and provide us with a new low... there fore, seeking sells...
GBP – Sterling fell on Thursday after the BoE raised interest rates by the most in 27 years as it seeks to tame inflation now seen peaking at more than 13% but also warned that a long recession is on its way. Summarising the meeting and GBP’s reaction, ING simply stated “The pound is falling despite a 50 by hike by the BoE. The reaction mostly boils down to the...
Hourly chart analysis - I am on the bullish for now. A flat correction likely ended for now.
This is my longterm outlook on the currency pair GBP/USD.
All in the video. 3700 area is first interest, but if it melts down watch the gap on spy at around 367 area.