Hey traders, EURUSD is trading in a long-term bearish trend. Since May the pair is falling sharply. I believe that the goal for sellers is the demand area based on 2 years' structure low. 1.0635 - 1.073 is the next goal for sellers. From that area, a pullback will be expected. I will post the update once I see a decent confirmation. Good luck next week,...
NZD – The New Zealand dollar slipped on Thursday after data showed inflation was not quite as hot as feared in the first quarter, leading investors to slightly widen the odds on another half point interest rate hike by the RBNZ. EUR – The euro rose to a more than one-week high on Thursday after a spate of hawkish comments from ECB officials raised bets that...
As shown in the picture, the desired pattern is being completed with correct and measured ratios. It is expected to drop to the blue box, then start its upward movement.
Top-down analysis on EURUSD. Price action & important update. Trading plan and potential scenarios. ❤️Please, support this idea with like and comment!❤️
Hey traders, After 2 consequent tests of 1.109 - 1.1145 structure resistance, the price finally broke and closed above that. Now the pair will most likely go higher. Next resistances: 1.1275 / 1.1375 ❤️Please, support this idea with like and comment!❤️
BUY STOP EURUSD 1.0930 STOP LOSS 1.0872 TAKE PROFIT 1.1248 Enjoy making money and thank me later.
Hi ellioticians, todays technical analysis regard the EURUSD and its weekly time frame. We see a five-wave completed move on the weekly chart from the 2000's lows and a high at the 1.60 lvl.., which was then followed by a choppy price action between years 2008 and 2022. I labeled a possible triangle correction in the making with leg (c) now unfolding. Ideally the...
I see the dollar euro rate getting to 1 over time.
Good Monday Trader, please see my current idea on the EURUSD pair, where my count suggests the next impulsive starting from now, in order to build up our wave 3. I expect our bottom here soon, since we corrected as Flat characterized by a wave B making a new high. Currently we are building our wave C as an ending diagonal, why I assume that our bottom is not...
With the EUR/USD settling down and positive news coming for the US dollar, I'm short-biased on this pair for the current week. Levels based on Fibonacci and Wayne's weekly pivots.
Hey traders, Even though these last days were very bullish for eurusd, I want to remind you that we are still trading in a long-term bearish trend. On Friday the price reached a very strong zone of supply. From 1.146 - 1.1545 zone I will expect a bearish move at least to 1.135 level. Next week look for a confirmation with the underlined area to sell. Good...
EURUSD is trading at its support level . it is tested the support level 2 or 3 times but did not break below its support level. According to chart pattern analysis , we might see consolidation to upside trnd in eurusd from current levels. Long trade on EURUSD pair can be taken with stop loss and risk management. Views and opinions are welcome to discuss . Thank you.
Views and opinions are welcome to discuss thank you
AUDUSD short trade . take for short with stop loss and risk management views / opinions are welcome to discuss thank you
EURCAD is trading in descending channel pattern and trending in downside. According chart pattern analysis, we might see downside in EUCAD till support 1 as target 1 and support 2 as target 2. Short trade can be place with stop loss and risk management . thank you.
Hey traders, After a confirmed bullish breakout of a major falling trend line on a daily, the price is preparing for its retest. Next week pay close attention to the area based on a broken trend line and boundaries of an ascending triangle formation. From that zone, I will expect a bullish move to 1.152 level. ❤️Please, support this idea with like and comment!❤️
NZDUSD is trading in channel pattern and also it is reverse from its resistance level . According to chart pattern analysis, we might see down side in NZDUSD . one can trade NZDUSD on short side with risk management and stop loss . Thank You
Multiple time frame analysis on EURUSD. Price action analysis & structure. Potential scenarios & thoughts. ❤️Please, support this idea with like and comment!❤️