The EURUSD pair isn't diverging from our original plan (June 04 idea, see chart below) and is extending the new Bearish Leg of the 6-month Channel Down: Today it tested the 4H MA50 (blue trend-line) of a counter-trend rebound, which has take place during both previous Bearish Legs. The 1st time was +1.12% and the 2nd +1.50% that even broke above the 4H MA200...
Price is has reacted off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance. Pivot: 1.0724 1st Support: 1.0685 1st Resistance: 1.0790 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.06000 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.06000 support and resistance area. Trade safe, Joe.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to flat, where it at once bounced up to $1.0890 level from $1.0770 level. Then it turned around and little declined, after which price some time traded in flat and then made upward impulse. Price exited from flat, and then...
The EUR/USD currency pair experienced a notable upward movement on Monday, following a rebound from critical support levels around 1.0700 and 1.0640 during the early European session. This rebound marks a significant shift after a period of pressure, largely attributed to potential risks emerging from France's financial situation. The speculation that Marine Le...
The EUR/USD pair is trading higher on Tuesday, following a pullback to the support level at 1.06690, which coincides with the 78.6% Fibonacci retracement from the previous swing low. This support area has provided a strong foundation for the pair, allowing it to gain upward momentum. Traders are closely monitoring the upcoming US Retail Sales data, particularly...
Hello traders, The bearish channel is obvious in the chart! you can see that upward moves are weak but the downwards are so strong. I consider the trend to be bearish. However, while my total bias over the pair is still bearish I think any breaks over the zone might lead the price to reach the next strong zone which is around 1.0790 At the same time breaking the...
By taking a deeper look at Daily chart we could easily see a bearish move! Latest reaction was to top of the channel an we are going to reach to bottom of the channel. However, We see the RSI is forming a trend line which seems hard to be broken down. I think we could see a reversal to MA of RSI. So we might have one or two range days. Therefore we are both ready...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️Please, support our work with like & comment!❤️
Hello,Traders! EUR-CHF is trading in a Downtrend and the pair Made a strong bearish Breakout of the key Horizontal level of 0.953 And the breakout is confirmed So we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The EURNZD currency pair has been experiencing a strong downtrend. Notably, there have been consistent and clean price swings, except for a spike on Friday. I’m currently seeking an opportunity to short the market based on specific criteria related to price action. In the video, we analyze the trend, market structure, and price action, discussing two potential...
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.762. ✅LIKE AND COMMENT MY IDEAS✅
We just entered a new month, and not just an ordinary month -- It's JULY! And what's special about it? -- and its connection to EUR? Based on 50 year chart history, JULY is EUR's favorite month to 'ascend' so to speak. JULY seems to play an important role for the pair's price behavior. A lot of times, what comes after a correction -- is an upside reversal that...
Hello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURJPY has been overall bearish, trading within the falling red channel. Currently, EURJPY is undergoing a correction phase and it is currently approaching the upper bound of the channel. Moreover, it is retesting strong supply zone marked in blue. 🏹 Thus, the...
Following Wednesday's surge, EUR/USD reversed course and experienced significant losses on Thursday. The pair remains under pressure on Friday, trading at its lowest level since early May, just below 1.0700. This downturn reflects the broader market sentiment and the evolving economic landscape. The shift in risk sentiment helped the US Dollar (USD) gain strength...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.84900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84900 support and resistance area. Trade safe, Joe.
EURGBP - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.8455. We look to Sell at 0.8455 (stop at 0.8473) Our profit targets will be 0.8410 and 0.8400 Resistance: 0.8455...