Institutional investors are reducing their SHORT positions Professional investors are already LONG and are increasing their positions. market sentiment is positive and increasing In my opinion it’s time for an important swing that will see the price of the cross EUR/USD rise What do you think?
Operating primarily 1 day chart and tracing target. Then I graph 1 hour and plotting two partial targets. And using 15 minute chart to enter at the right time and place the buylimit.
Hey traders, What a bearish Friday on EURUSD. It looks like bears are finally ready to push. On focus is 1.112 - 1.119 structure support. I am waiting for a breakout of that area to short the pair. Taking into consideration that the market is trading in a strong bearish trend since summer, the breakout may trigger a strong selloff. Next support will be 1.063...
EURUSD. The pair is forming a triangle as a correction pattern. The wave E is usually a confusing one as it never touches the top/bottom channel, but rather remains a small move opposite to wave D. In such cases, the best way to trade is to wait for the structure break and sell/buy at the resistance as we have one in this chart. Manage risk while trading.
USDJPY has breakout from it resistance zone now resistance zone become a support zone (as shown in chart). According to chart pattern analysis , we might see some downside in USDJPY for short term and it will continue it upside trend from support zone. one can trade USDJPY with proper risk management and stop loss Thank You.
Hey traders, After a sharp bearish move, EURUSD reached a key level. Then for many days, the pair is consolidating. For now, buyers faced a major falling trend line that recently was broken to the downside. Now it turned into resistance and we saw two nice pullbacks from that. Next week look for its bullish breakout. You need a daily candle close above that...
An instrument in the global descending channel, after a pullback from support (which is also a false breakout of the global descending support), the price is trading under the support of a local (strong) descending channel, I think that if the price does not go above the resistance, but ends consolidation below the level, we will see a...
hi this is possible move for EURUSD in 1h timeframe if the price could hold up higher than the red zone and doesn't break it the green zone can be a good target
The downfall on EURUSD continues. That shows us how much easier it is to trade in the direction of the trend rather than against it. Today, it is very likely to see a breakout of 1,1200 and price reaching 1,1190. Those are support levels from June, 2020. As every day goes by, there's a higher chance for a retracement. That's why those short positions have to be...
GBP – The pound slid against the euro edged down slightly against the dollar on Thursday as traders assessed whether recent gains linked to expectations of a central bank rate hike had gone too far. Reuters noted that “investors remain wary about the timing of any move, however, after the BoE surprised markets earlier this month by keeping rates steady when many...
GBP – The pound climbed to a one-week high versus the dollar, and a 21-month peak against the euro on Wednesday after data showed UK inflation surged to a 10-year high last month, backing expectations of an interest rate hike as early as next month. CAD – The Canadian dollar weakened to its lowest level in nearly six weeks against the greenback on Wednesday,...
Hey Traders, i'm 120 pips up on EURUSD trade, in this week i'm still monitoring to add more position before USD news. we're currently waiting for FOMC to confirm!
this multi time frame analysis form h1 to monthly time frame from h4 to Monthly H4 - price has breakout rising wedge pattern, ready to retest lower trend line and make new lower low Daily - price has retest daily resistance after breakout , making sideway correction below resistance before making new lower low on h4 Monthly - if this month candle...
Looking to short EU if daily candle closes below 1.16000 Daily Timeframe Confluences: - Bearish market, as the market is making a series of LH and LL - If we get a closure below 1.16000, we could enter a short position on the retest of this level for a new LL to be created 4H timeframe confluences: - Intraday bullish momentum and ascending trendline has been...
Hey Traders, we monitoring EURUSD for a selling opporunity at the retestat 1,161 Zone. we expect usd to be bullish on medium term and the eurusd to drop till 1.13 on long term. Trade safe and use proper risk management. Joe.
Hey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed. it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames...
eurusd long setup with a advanced rr of a 1/4 manage youre risk trade your own plan goodluck
Price has created some EQL/H with a tight asian range. I will be setting my orders for new york open and be waiting price to tag me on the malnipulation and lets see if we retrace for the last two days of the week.