EUR/AUD - M30 - Head and Shoulder Formation Sell EURAUD @ Head and Shoulder Pattern now this good chance to sell Always wait for strong Conformation in Short term for entry. πππ If you found my post helpful or informative, could you please leave a comment π¬π and hitting that like buttonππ βMarkets are never wrong, but opinions often are.β-Jesse...
Hello,Traders! EUR-CHF will keep falling Because the pair broke the Key horizontal level of 0.974 Made a pullback and retest And is going down again So a retest of the target Below at 0.965 is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURCHF is approaching the bottom of the January Channel Down and S1 (0.964500), followng a Death Cross on Friday. The 1D timeframe is technically red heavily (RSI = 33.995, MACD = -0.004, ADX = 37.194) and as the RSI is on a Falling Wedge, an upward break-out is very likely. Consistent with the previous two rebounds inside the Channel Down, we are aiming at a...
EURUSD reached the important levels which we watching for trend reversal on H1. No entry grounds yet. In order to get confirmation, we're watching for breakout of the previous top and test. Before that, it's possible to test 1,0700 again. No big news this week except NFP on Friday.
On EURCHF, we have a bearish setup this morning with the price declining and forming a short setup, making it an excellent entry point around 0.971 area. The trade offers a 1:25 risk-to-reward ratio, which is a great setup with the Forex48 strategy. Let me know what you think. Happy trading to everyone.
DXY bias is bullish so i am expecting weakness in EU. NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish. HTF Bearish objective is sellside liquidity around 1.06271, which is 1 standard deviation of all the trading above the February open price mirrored to the downside. All other relevant POIs are annotated on the chart.
Based on market conditions and technical analysis I expect a push up for the EUR pair. BUY!
This is my setup for E J, let's see if this support will hold, I've placed a buy limit order. Trade carefully! Remember: Take some profits if the trade is going as planned and move your SL to entry.
Fundamental Backdrop Last week, notably the German Flash Manufacturing PMI and French Flash Services PMI dropped a lot causing the EUR to weaken. This week there's only the German Prelim CPI m/m which is also expected to decrease from 0.4% to 0.2%. This will cause the EUR to weaken further. Technical Confluences Near-term resistance level at 1.07350 ...
EURNZD has jumped over 2.30% after the RBNZ decision. Now Price seems to be overbought and ready to test the area close to next resistance. The market structure on the higher timeframe remains bearish so this is technically a great entry price for a SELL. My target is the last low at 1.7120 .
β EUR_CHF broke the key Horizontal level of 0.972 Then made a retest and now We are seeing a bearish move Down so I think that The pair will keep falling SHORTπ₯ β Like and subscribe to never miss a new idea!β
Hey Traders, in tomorrow's trading session we are monitoring EURUSD for a selling opportunity around 1.07500 zone, EURUSD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 1.07500 support and resistance zone. Trade safe, Joe.
Today's focus: EURGBP Pattern β Range/Descending Triangle Possible targets β .8600 Support β .8670 Resistance β .8705 Todayβs update, will we see the EURGBP make a new push lower, confirming its descending triangle pattern? Price broke the main trend setting up its first leg lower. From that point, we have seen a consolidation set-up with a bearish pattern in...
Instructions: 1) The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal. 2) Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone. 3) The Forex Stochastic Oscillator (Stoch) helps identify buy and sell moments based on comparing the current...
My dear followers , My technical analysis for EUR/CHF is below: The market is trading on 0.97004 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.96622 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the...
I'm writing to you today to discuss the recent election results in Turkey and how they have impacted the value of the Turkish lira. As you may know, President Erdogan's party suffered a significant setback in the recent local elections, which has caused a drop in the value of the Turkish lira. While this news may concern some, it presents a unique opportunity...
Hey Traders! π For Day 19/100 of our challenge, we will look at EURCAD downside potential this week. - Recently rejected 1.0465 resistance - Now heading towards 1.45 strong support - When 1.45 breaks, we can expect 1.444 to be met This is based on seasonality and retail positioning. Check them out for yourselves π Have a great start to the week. Hope you...
EURCHF - 24h expiry Trades at the lowest level in 32 weeks. There is no clear indication that the downward move is coming to an end. The previous swing low is located at 0.9677. A break of the recent low at 0.9674 should result in a further move lower. We look for losses to be extended today. We look to Sell a break of 0.9673 (stop at 0.9693 Our profit...