💬Description: As a result of yesterday's trading day, the currency pair closed above the level of 1.35019 , which is a very significant event, especially for buyers. The dollar continues to exert pressure across the board, and with the daily close above this level, this trend for USDCAD will continue. However, most likely, growth is limited and setting targets...
Elsewhere, the euro stood at $1.05625 EURUSD , down 0.04% so far in Asia after climbing off this week's multi-month low of $1.0488. Investors will be looking ahead to Friday's CPI data out of the euro zone for clues into the state of the bloc's economy. OANDA:EURUSD SELL 1.0575- 1.0590 ✔️✔️ ✔️TP1: 1.0545 ✔️TP2: 1.0525 ❌SL: 1.0620
EURUSD undergoing a transition day today with the possibility of an intraday short opportunity again.
#EURUSD Hello everyone. I would like to see the removal of the Asian high with the potential for a new low of the day (PDL).1D short context confirm, 1h short confirm.
EURUSD reached the short target as predicted and now is possibly lining up for a small pullback to the long side.
After hitting the short target in EURUSD as predicted a smaller pullback to the upside is now possible in the next couple of sessions.
FX:EURUSD continues to form a downtrend. At the moment we see a rebound from resistance and a retest of support at 1.06350, which ends with a slight strengthening of the currency pair EURUSD is waiting for a reaction from the US market, namely we are all watching the dollar index. It forms a retest of the strong resistance at 105.00 and forms a rather strong...
Preferred direction: SELL Comment: Based on short-term volume analysis, the currency pair is about to start falling to the level of 147.816. This probability is high, but we also do not exclude the probable scenario of the price approaching the level of 150. The more medium-term target for the current expected fall is the level of 146.500. The fall is...
The EURUSD pair is extending the bearish trend firmly within the borders of the 2-month Channel Down hitting in the process last week's target: As you see, it failed to break above the 4H MA100 (green trend-line) so we didn't pursue Target 2. We are in a similar situation now, with the price again at the bottom of the Channel Down, while the 4H RSI is about...
EURUSD on the background of a quick retest breaks the key support and forms consolidation. A potential is formed, within the framework of the realization of which the price can quickly reach 1.0536 TA on the high timeframe: 1) Strong bearish trend continues 2) A retest of the support at 1.0635 breaks the level 3) Price opens a corridor to fall to 1.0536 TA on...
The EUR/JPY continues to depreciate for the tenth consecutive day, with resistance at 158.17 and proximity to the Ichimoku Cloud (Kumo) suggesting potential downside risks. Currently trading at 157.60 (-0.19%), the Euro is weak due to recessive prospects in the Eurozone. The ECB is maintaining steady rates, following the Fed's approach of keeping rates higher for...
EURUSD has been declining without a stop since July, turning bearish on the 1W timeframe (RSI = 38.075, MACD = -0.002, ADX = 37.003) with the RSI that low for the first time since October 2022. The most important technical formation though is the 1W Bullish Cross (MA50-100) which is the first time we see it forming after exactly 3 years. A quick look on past 1W...
The Euro will need to devalue itself against the dollar. If US companies have not repatriated some assets back to the US at the time prior to tariffs, they should do so now. Strength of the dollar should continue into the next decade.
My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0645 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0753 Safe Stop Loss - 1.0590 About Used Indicators: The...
EURUSD Back to sell area Fed Sell off got stopped by Bonds Back to regular Trading days !! Stay Calm Be patient TP 1.0750 SL 1.0600
USDJPY is going down after completing 5 waves up and reaching the target for the 5th wave which also corresponds cleanly with the are of resistance near the all-time-high. We should expect a pullback from hear to at least the 138 level.
Hi all! In view of the news, the goals for the day were achieved in view of the news, I recommend refraining from trading until the meeting on Monday
Hello,Traders! EUR-USD is making a Bullish rebound form the Horizontal support of 1.0632 And I think it will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!