✅EUR_NZD is going down now But a strong support level is ahead at 1.7896 Thus I am expecting a rebound And a move up towards the target at 1.7957 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous...
This is my Intraday analysis on EURUSD for 8 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg and...
Today, the EUR/JPY price rose in the early morning, and right now the price made a good rejection from the 165.1 zone. this rejection could lead to further downward movement after a short retracement. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer:...
According to Uptrendline channel Fibo retracement to 50%-61% CCI
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This is just a overall update on yesterdays trades and new market outlooks. In this video i am mentioning the following currency pairs: GBPUSD EURNZD GBPAUD Also i called out eurgbp sell from previous videos lol look where it is now!! lets go
Hi Traders here is a quick analysis on EURNZD Trade using the third touch strategy, We all know how powerful third touches are in forex trading, here is a third touch strategy for eurnzd and Gbpnzd as well, that i strongly believe would drop. Not a financial advice! Trade with what you can afford to lose
According to Fibo Retracment According to Divergence According to R level
EUR/USD trades in positive territory above 1.0770 during the US session on Tuesday. Although data from the US was slightly better than expected, the US Dollar still struggled to find demand and help the pair move higher.
By examining the trend in the one-hour time frame, the euro is fluctuating in an upward channel, and considering the high rate of moving averages of the ALLIAGTOR indicator, the possibility of the continuation of the upward trend is very high. In general, this scenario is strengthened, that the rate can rise to the resistance of the ceiling of the ascending...
The EURUSD pair hit our 1.07250 Target of our March 27 analysis (see chart below) before the current 1-week rebound: Right now it is giving mixed signals as the latest rebound made the 1D RSI break and stay above its MA trend-line, which is a pattern it following on the February - March Bullish Leg. At the same time though, the 2024 Channel Down is intact but...
This goes out to everyone in Europe who doesn't want to see there hard earned money loose value. Get your hands on some gold, a rare opportunity to buy awaits at €1900-€1950. I will keep you posted.
The price is rising towards a resistance level, which also serves as a pullback resistance. A reversal from this level could indicate a double top pattern, potentially leading the price to fall to our take profit target. Entry: 1.08692 Why we like it: There is a pullback resistance level Stop loss: 1.09153 Why we like it: There is an overlap resistance...
EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. We look to Sell at 1.6480 (stop at 1.6516) Our profit targets will be 1.6390 and 1.6370 Resistance: 1.6480 / 1.6510 /...
EURUSD is trading inside a Bearish Megaphone with the price very close to its top. This is still a sell unless it crosses over the top of the pattern. Trading Plan: 1. Sell on the current market price. 2. Buy if the price crosses over the top of the Megaphone. Targets: 1. 1.09800 (Resistance A). 2. 1.07000 (Fibonacci 0). Tips: 1. The RSI (1d) crossed over its...
EURJPY has turned bullish on the 4H timeframe (RSI = 65.893, MACD = 0.220, ADX = 54.338) as the 4H MA50 held and supported a new 2 day rally since Friday. The dominant pattern is a 3 month Channel Up, which makes a HH on the 1.5 Fibonacci extension. The 4H MACD is identical to the pre-High consolidation of the past bullish waves. We are bullish (TP =...