You can see possible scenarios on the chart.
the price after taking the sell-side liquidity can move higher to break the previous high and then touch the bearish order block.
What I expect is the price test the lower price again and then start to move up. (Scenario 1)
Since the price collected sell-side liquidity, it is possible to move to higher prices from...
✅EUR_USD fell down sharply
But a strong support level was hit at 1.0634
Thus as a rebound is already happening
A move up towards the target of 1.070 shall follow
LONG🚀
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Hello,Traders!
EUR-USD has retested the
Horizontal support level of 1.0639
From where we are already seeing a
Bullish reaction so I think we will
See a local move up
Buy!
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Check out other forecasts below too!
The EURUSD pair hit the 1.06350 Support A, which is the Low of May 31st.
Today that was followed with a minor rise, so as long as it holds, that's a Double Bottom and a buy signal.
Buy and target the Channel Down's top at 1.07450. If the price crosses over 1.07855 (Fibonacci 0.236), buy again and target 1.08550.
If on the contrary we get a 1day candle closing...
hello guys...
i published this analysis in the update of another analysis:
but I think I should publish it now for future updates.
______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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Preferred direction: SELL
Comment: The situation with gold remains the same and, as we said yesterday, the instrument will most likely now be in balance. No growth is expected above 1920. For intraday trading, you can consider the range 1903-1920.
Thank you for like and share your views!
EUR\USD has a Daily Volume Inefficiency right below this weeks closing price. I expect that, with the current momentum and the draw that this particular inefficiency is having on price for it to tap into this area and quickly spring up.
This area of Volume Inefficiency is a visible Gap on the Daily chart Friday March 17-March 23rd this is also a Weekly opening gap...
Preferred direction: Neutral
Comment: The Japanese yen is starting to gradually move into the top topics against the backdrop of recent statements from the Bank of Japan, a change in the head of the central bank, and, in general, a likely change in policy from soft to more hawkish. The fall may very well be approximately from the current levels, but most...
Good morning, fellow traders. It seems that Asia is pushing the price higher towards a liquidity pool. They might run into a higher Order Block, which could potentially lead to a price reversal. The same situation appears to be happening with the USD index. It's essential to keep a close watch on these developments. There's no need to rush into trades, especially...
Hello,Traders!
EUR-USD will go further
Up to hit the horizontal
Resistance of 1.078
From where we are
Likely to see a bearish
Reaction and a move down
Sell!
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Preferred direction: SELL
Comment: Today is quite an important day, since during the American session, data on the US CPI will be published. These are some of the most volatile moments in the market, so in the event of significant deviations, high volatility in the market should not be a surprise to anyone. For gold in particular, we also expect downward...
Preferred direction: SELL
Comment: The plan for the Australian also remains in force and most likely here the instrument would follow the first scenario, which we discussed in the previous trading idea for this instrument. So, today we expect a fall to the lower balance line, the level of 0.63780. For this instrument there is also a high probability of...
The Longs have been going well as discussed in the last couple of videos first Profit Targets have been reached. However it looks as momentum is switching now and with a red daily close we could see a very nice short opportunity in the next sessions.
Hello Traders Investors And Community, welcome to this update-analysis about the EURUSD where we are looking at the weekly timeframe perspective, the overall breakout and rising dynamic, the importance of further price-action, where the price can lead and what to take note of in order to take appropriate action. EURUSD has formed a huge bullish rising to the...
hello guys...
as you can see, the pairs did a sharp downward movement, and it is not out of mind if this wanna continue to downward movement!
risk alert: It is on the bottom of the ascending channel:
______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And...
EURUSD is preparing for further decline. After the resistance retest, the price declines again and performs a pre-breakdown retest of the support at 1.0707
TA on the high timeframe:
1) Strong downtrend
2) The liquidity area on the support side will not withstand another retest. Buyers are weak
3) Medium-term target is 1.06350
TA on low timeframe:
1) A resistance...
The EURUSD pair got last week the closest to the 1W MA50 (blue trend-line) it has been since the January 02 2023 1W candle, practically the start of the year. The 1W MA50 has been the long-term Support of the bullish trend since the pair broke above it on the week of December 05 2022. Testing it after that long can provide a technical rebound, especially...
- EURUSD has an uptrend structure.
- Look for a BUY entry in the range of 1.06364 - 1.06876 if there is buying interest in this area.
- If the price rises and reaches a resistance level, a good selling area is at 1.07976.
