Hello friends!
As James mentioned in the previous analysis EURUSD is currently in a recovery phase with the market correcting and capturing liquidity receiving support at 1.0660. However, overcoming the 1.0750 resistance level remains the challenge and target.
On the news impact: EUR/USD continues to ease around 1.0640 after retreating from Friday's weekly peak...
After steep losses in recent days, EURUSD stabilized and rebounded off the psychological 1.0600 level on Wednesday, pushing past the 1.0650 mark. If the pair manages to build upon its recovery in the days ahead, resistance lies at 1.0695, followed by 1.0725. On further strength, the focus will be on 1.0820.
On the other hand, if sellers return and regain control...
In the intricate dance of global currencies, the EUR/USD pair has recently found itself swaying to the tunes of central bank pronouncements and economic indicators. The past few days have been particularly eventful, as remarks from key figures like European Central Bank President Christine Lagarde and Federal Reserve Chairman Jerome Powell have reverberated...
At the latest policy meeting, the ECB decided to keep interest rates unchanged but left no doubt about its intention to move to more easing. The guidance prompted traders to increase bets that the organization led by Christine Lagarde will launch an easing campaign at the next monetary policy meeting in June.
The prospect of the ECB being ahead of the Fed on...
FX:EURUSD
Processing: +3.6RR
Risk: 1%
Updated a large amount of liquidation on the purchase
There is a structure breakdown at 1h, I expect further upside to the nearest FVG resistance zone at 1h.
Waiting for working off
For those curious about the DXY's direction and targets, take note of the bullish movements displayed in these two legs.
The Dollar Index is showing signs that it could complete these runs and effortlessly reach the resistance zone.
Keep a close eye on these developments as the DXY approaches key levels.
EURUSD is currently at the pivot and could potentially rise to the next pullback resistance level.
Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level
Pivot: 1.0614
Support: 1.0526
Resistance: 1.0696
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only...
EURUSD / 1D
Greetings, traders! Welcome back to another market analysis.
EURUSD has been trading in a trading range, the price seems to have broken the trend line, expecting lower prices for the next week. I'll wait for the previous S/L level to get on this leg up.
Trade safely,
Trader Leo.
EURUSD has just bounced off the pivot that aligns with the 161.8 Fibonacci extension and 100% Fibonacci projection
Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level
Pivot: 1.0618
Support: 1.0499
Resistance: 1.0707
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and...
We continue with the short order flow on the euro, and the context remains short as well. There are no significant signs of a reversal observed yet. For a change in sentiment on the primary timeframe, it is important for the price to establish itself above 1.0735. I don't expect any particularly clear movements for the day since the intraday target at PDL has been reached.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About JST
(Update)
Moving Exactly As We Expected & Running In +15% Profit So Far✅
Still Moving Towards The Target & Hit Soon✍️
Dear colleagues, I suppose that the price will make a correction of wave 2 to the area of 50% - 61.8% Fibonacci levels 1.07829, after which I expect an upward movement to the resistance area 1.09003.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The Euro is still fluctuating around the 1.0850 level, constrained by support and resistance levels.
Looking at the 4-hour chart, signs of price increase are still evident at the current moment. EUR/USD is expected to encounter the highest initial resistance level so far in April at 1.0885, and then continue to rise to higher levels. The price remains above the...
Gold's price movement is nearing the completion of another bullish leg, in the range of $45-$50. With this achievement, we might be on the cusp of a pullback and correction phase. It's a good time to manage your buy positions strategically and potentially leverage this cycle to secure more profits. Stay alert to the shifts in the market!
The EURUSD pair hit our 1.07250 Target of our March 27 analysis (see chart below) before the current 1-week rebound:
Right now it is giving mixed signals as the latest rebound made the 1D RSI break and stay above its MA trend-line, which is a pattern it following on the February - March Bullish Leg. At the same time though, the 2024 Channel Down is intact but...
EURUSD is trading inside a Bearish Megaphone with the price very close to its top.
This is still a sell unless it crosses over the top of the pattern.
Trading Plan:
1. Sell on the current market price.
2. Buy if the price crosses over the top of the Megaphone.
Targets:
1. 1.09800 (Resistance A).
2. 1.07000 (Fibonacci 0).
Tips:
1. The RSI (1d) crossed over its...
#EURAUD
UPDATE
Hey team we are here to update about EURAUD. EURAUD is ready for a good bearish wave. Already breakout done. Here we can see drop upto 200Pips+ soon. Keep in touch we will update further soon.
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(Update)
Testing The Top Of Symmetrical Triangle Incase Of Upside Breakout It Could Lead To Further Bullish Momentum⚡️
Rise Upto $700 In Short Term✍️
