Gold/EUR
EURNZD is currently in an ABC correction. We've completed wave B and now we're in wave C. The completion of wave B can be used as a strict invalidation level for our short play. We can use a channel to gauge the target for wave C, which happens to be the -27 fibonacci extension of wave A. Trade Idea: - Watch for a correction to appear - Enter on break of...
1W - the weekly timeframe is in a short context. It would be desirable to see liquidity withdrawal around 1.088 to confirm the short order flow. Also, if the price closes above 1.088, the context will change to long. However, the main target remains at 1.045.
Hello TradingView Family / Fellow Traders, EUJPY is currently approaching a massive supply zone marked in red. For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, EURJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan regarding...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EURUSD is in a downtrend channel on the daily and weekly timeframe. Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10. The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and...
Two scenarios: If the composite index level based on surveyed consumers favors USD or remains normal, we'll follow the red path towards the bottom of the bullish channel. If any announcement exceeds 77, there's a possibility of breaking below the bottom of the channel. The dotted green path is in case of any surprise gains for the US dollar. In that scenario,...
1H - locally in a short context. It's important to observe the formation of the Asian session on Monday, as it will help determine the context for the day.
1M - the monthly timeframe is in a short context. The invalidation point of the context is at the 1.16 mark. Until this level is confirmed, we remain in a short context. The main target is 0.94.
The next move for gold hinges on the unemployment news of Preliminary UoM Consumer Sentiment. Any breaks above or below 2320 or 2303 respectively indicate a continuation of the trend. Consider entering after a breakout or on reversals.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
#EURUSD Hello everyone, finally the context has synchronized in the short direction across the daily and hourly timeframes. After the start of the London session, my nearest intraday target is the equal lows below. Ideally, before heading lower, clearing the equal highs formed above during the Asian session would be preferred. The scenario will be considered...
EURNZD - 24h expiry Price action is forming a bearish flag which has a bias to break to the downside. Trend line resistance is located at 1.7960. Rallies should be capped by yesterday's high. We look for a temporary move higher. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.7950 (stop at 1.8000) Our profit targets will...
This is my Intraday analysis on EURUSD for 9 May 2024 W19 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Nothing changed since the start of the week and as per Tuesday sentiment, investors are waiting for a catalyst to have a clear policy direction for the...
EURUSD is neutral on its 1D technical outlook (RSI = 51.370, MACD = -0.001, ADX = 29.673) as it got rejected on the 1D MA50-MA200 level, which stopped the bullish wave of the Channel Up from extending higher and potential breaking the pattern. The 1D RSI is on the stage where it should reverse as per March 12th. This is a strong sell signal, TP = 1.05550 (the...
EURJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into...
Previously, we witnessed a strong reaction around the selling zone. Consider a safe entry after a complete break of the short-term bullish channel and a drop below 1.0726. A slightly riskier entry point is around 1.0760.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), EURUSD rejected our blue circle zone and traded higher. What's next? 📈 EURUSD has been overall bearish long-term , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the upper bound of the...