Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.79858 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.80981 Why we like it: There is a pullback resistance...
EURUSD we will try same way SELL zone again and again
Based on my previous analysis on 18th Feb 2024. I now see that EURNZD has completed the swing and starting to move lower. I am expecting a drop for around 500 pips.
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect downside move after price filled the imbalance and rejected from bearish order block + institutional big figure 0.98000. Like, comment and subscribe to be in touch with my content!
The euro is susceptible to fluctuations in energy prices, while the Canadian dollar stands to gain from them. Any developments concerning the conflicts in the Middle East or Ukraine, as well as increased tensions in these regions, could potentially lead to a bearish sentiment for EUR/CAD. However, I believe that the market's reaction to previous events, such as...
Traders, Here's our analysis across different timeframes: Daily Chart: Strong bearish sentiment prevails, supported by a bearish channel formation, signaling potential long-term bearish trajectory. 4-Hour Chart: Consider the high of last week as a prime level for short positions. However, be prepared to switch to a bullish outlook if this level is...
We continue to remain in a short context. Despite the long movement during the Asian session, positions in the long direction should have been avoided because until the price consolidates above 1.7415, we are still in a short trend.
This is my Intraday analysis on EURUSD for 29 April 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment No major economic data releases are scheduled for Monday, limiting significant movement in the pair. However, the intervention in JPY leading to a USD...
Price has just bounced off the support level which is an overlap support that aligns with the 78.6% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.85516 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.85204 Why we like it: There is a pullback support level Take...
Waiting for a break and retest of 0.97388 to long EURCHF back to 4H swing high at 0.98404 If you agree drop a like and if you have any questions leave a comment :)
A glimpse of the USDCHF in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for...
Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from...
Here is my latest structure analysis and support & resistance levels to be focused on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel,...
1h - The hourly timeframe appears less clear despite our short context. The main target was reached in the form of equal lows, which were forming throughout the week. I believe it's quite likely to see a breach of the previous day low (PDL) on Monday, after which the continuation of the long trend may begin. However, this is just speculation. It's important to see...
Hello everyone and welcome to the weekly TOP-DOWN analysis. The week was not the most active in terms of position accumulation, but at the same time, it was quite informative. 1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long...
This is my Weekly analysis on EURUSD for 29-3 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart Analysis Daily Chart Analysis 4H Chart Analysis Economic Events for the Week Market Sentiment Potential EUR Upside: Weaker Dollar: The recent US economic data, particularly the lower than...
Hello folks, I am generally bearish on EURUSD at the moment, and I am still waiting for lower prices, but we could see more bullish momentum first. The logic behind this is of course to lure more bullish traders into the market, but I also do not see any significantly high impact news yet. However, if you see my other analysis, I am looking for a monthly close...