EURUSD is getting rejected on the 0.618 Fibonacci retracement level of the 14 month consolidation range for 4 straight sessions. This is bearish enough on its own, but it is also the symmetrical level where the price got rejected on June 22nd 2023 to marginally under the 0.5 Fib. The 1day RSI patterns between then and now are very similar. Sell and target...
Hello,Traders! EUR-USD made a retest Of the horizontal support Level of 1.092 while trading In a local uptrend and Is going up again already So I am bullish biased And I will be expecting A bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD hit the 0.618 Fibonacci retracement level and got rejected. This rejection can evolve into a short term bearish reversal, in a symmetric way as the November 29th 2023 did. Trading Plan: 1. Sell if today's candle closes in red. Targets: 1. 1.08500 (a little under the 0.382 Fib, as it happened on the December 8th 2023 low, which was contained on the MA50...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0921 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0868 My Stop Loss - 1.0949 About Used Indicators: By the very...
Hello traders ,what do you think about EURUSD ?After the recent upward rally, this currency pair is now approaching the resistance zone, which is expected to see a reversal of the trend and a downward correction in this currency pair. If this post was useful to you, do not forget to like and comment.❤️
LSE:TIA UPDATE LSE:TIA has breaked the main Falling Wedge Pattern. And retfir a good Bullish wave. In this move we can see gain upto 40%+ soon✍ #TIA #TIAUSDT #CRYPTO #BNB #BTC #TIABTC
EURUSD has turned bullish on the 1D timeframe (RSI = 62.360, MACD = 0.002, ADX = 55.342) but on the 4H chart it has started the bearish leg of the 1 month Channel Up. There is still time to sell and target the 0.5 Fibonacci level on a -0.85% decline from the top (TP = 1.08870), like the bearish wave after the Feb 22nd top. ## If you like our free content follow...
EUR/USD Faces Headwinds Amid Robust US Jobs Data and Fed Signals The EUR/USD pair experienced a significant downturn in the latter part of Friday, closing the week in negative territory. The catalyst for this decline was the release of strong US Nonfarm Payrolls (NFP) data for January, which exceeded market expectations by a substantial margin. The resulting...
EURUSD has reacted off the resistance and could potentially fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0994 Support: 1.0873 Resistance: 1.1120 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Key technical levels and confirmation strategies to watch The EURUSD currency pair is currently exhibiting a well-defined ascending triangle pattern on the weekly timeframe. This technical formation often precedes a bullish breakout, suggesting a potential rise in the value of the Euro relative to the US Dollar. Understanding the Ascending Triangle An...
FX:EURUSD is in the phase of a local uptrend. The reason is the decline in the dollar index on the background of weak fundamental policy. The target in this case is the 1.100 liquids area For two weeks in a row the dollar index ( TVC:DXY ) is trading with a negative fundamental background, which is quite favorable for the euro. As the price is inside the...
EURUSD / 4H Hello Traders, welcome back to another market breakdown. EURUSD has been trading in a trading range, the price seems to bounce from the low of the range, expecting the highs to be visited again. I'll wait for the previous S/L level to ride this leg up. Trade safely, Trader Leo.
hello everybody... as you can see the mid-term trendline broke and eurusd became bullish! I think in a lower time frame this pair is making a double bottom pattern in the flip area! therefore if the the price breaks up the neckline you can get a long position there! target1= 1.08984 target2= 1.09318 ___________________________ 💻📞☎️ always do your...
Yesterday I wrote about a trend change and today we have a BoS already. Looking for a cooldown to enter a long trade with a 1.1 target price. Keeping in mind that we hadn't reached upper POC zone yet, so I'm still off market and monitoring.
EUR/USD Holding Ground Near One-Week Low, Anticipates US Macro Data During Wednesday's European session, the EUR/USD pair faced significant selling pressure, driving it to a one-week low. Although spot prices demonstrated resilience below the key 1.0800 level, there was a slight rebound towards the end of the trading period. However, this recovery was limited...
The EUR/USD pair continues to follow the trajectory forecasted by our technical analysis, building on its rebound from levels below 1.0800 seen in the previous session. After yesterday's climb, where it reached 1.08500, the pair opened the European session with a slight drawback. This pullback can be attributed to the positive outlook for the US indicated by the...
Amidst fluctuations driven by economic indicators, the EUR/USD pair experienced a rollercoaster ride following the release of US Unemployment claims data. Initially, the pair responded positively to the news, witnessing a brief uptick before retracing back to the support level at 1.0800. This retreat from the 1.0800 mark has provided traders with an opportunity...
Long context on all TF, daily target is Prev Day High