✅EUR_USD will soon retest a key resistance level of 1.0860 So I think that the pair will make a pullback And go down to retest the demand level below at 1.0823 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURUSD is currently at the pivot and could potentially fall to the support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level that lines up with the 50% Fibonacci retracement. Pivot: 1.0842 Support: 1.0804 Resistance: 1.0874 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
Hello,Traders! EUR-USD went up from Horizontal support just as I predicted but is now About to retest the Horizontal resistance level Of 1.0850 from where I think We will see a local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the lower bound of the wedge. Moreover, it is retesting a strong support in green at $1.08. 🏹 Thus, the highlighted red circle is a strong area to look for...
1D - On the daily timeframe, we have currently approached a key minimum that will determine the market sentiment for the coming months. If the daily candle closes below 1.079, the context will shift to short. However, if the price closes above this level, the long context will still be maintained.
✅EUR_USD fell down sharply But a strong support level was hit at 1.0796 Thus I am expecting a rebound And a move up towards the target at 1.0819 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD is going down Now but the pair will Soon retest a horizontal Support level of 1.0795 From where we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/USD experienced a sharp downturn on Thursday, closing the day deep in negative territory. Following a strong upward movement on the FOMC day, the pair took a U-turn on Thursday, reversing its trajectory and falling to around the 1.08100 area as of the time of writing. Currently, the price has two support areas to monitor (blue rectangle), where we will...
FX:EURGBP on the background of stronger decrease of GBP than EUR, connected mainly on the background of economic and geopolitical factors allows the currency pair to break the resistance of consolidation. Globally, the currency pair is in neutral-negative condition, as there is no clear trend, at the same time a wedge and symmetrical triangle are traced on the...
The EUR/USD pair kicked off the early European session on Wednesday with a downward push following a positive Tuesday, where the pair reacted to the 1.08400 level as previously anticipated. Now, as the market awaits the Federal Reserve's (Fed) policy announcements, traders brace for potential volatility in the currency pair. The Fed is widely expected to maintain...
The Euro faced downward pressure against the US Dollar as investors awaited the Federal Open Market Committee (FOMC) monetary policy decision. Trading around the 1.0872 mark on Monday, we have shifted our attention to the 1.08400 level, where potential demand could drive price growth. This area aligns with the 50% Fibonacci level and sits just above the 200 Moving...
EURUSD is falling toward a support level and could potentially bounce off a pullback support t and rise toward the multi-swing high resistance Alternatively, if price breaks below the pivot, it could continue to fall to anotherpullback support level. Pivot: 1.0912 Support: 1.0875 Resistance: 1.0949 Risk Warning: Trading Forex and CFDs carries a high level...
EUR/USD, H4 20 March 2024 The EUR/USD pair has recovered from its lowest point in March, ahead of the critical Federal Open Market Committee (FOMC) interest rate decision. A hawkish stance from the Fed could place additional downward pressure on the pair. Nonetheless, the pair has been supported by encouraging data from the ZEW Economic Sentiment Index, which...
FX:EURUSD is breaking the structure of the ascending channel and the market is trying to change the trend on the background of the strengthening dollar index. The market is waiting for news from FOMC & FED today. Globally, we have a neutral range in the format of a symmetrical triangle, with strong resistance at 1.095 - 1.10 inside, which restrains the price...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
EURUSD is rising toward resistance that is close to the 61.8% Fibonacci retracement and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0872 Support: 1.0843 Resistance: 1.0912 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
USDCHF is rising toward resistance that aligns with the 50% Fibonacci retracement and could potentially fall to a support level. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0873 Support: 1.0843 Resistance: 1.0912 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
FX:EURUSD is testing the local channel support. The probability of a breakout attempt is quite high, as the currency pair is trading on a negative fundamental background. The dollar is strengthening after a wave of positive news, at the same time EURUSD is hitting a strong resistance at 1.0949 on D1. A bearish candlestick is being formed with the session...