The EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to formation Head & Shoulder pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 167.12. This offers an entry point near the perceived shift in momentum. Target...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago reached the support level, which coincided with the support level. Soon, EUR broke this level, made a retest, and at once made an impulse up to the resistance level, but when it reached the 1.0900 level, it made a small correction movement. After...
The EUR/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.0842, positioned close to the breakout level. This...
As anticipated, the EUR/GBP currency pair has found support around the 0.8400 level, aligning with our previous forecasts. This area has proven to be a strong demand zone, where buyers seem poised to initiate a retracement, potentially driving the price higher. Currently, the EUR/GBP pair remains within a consolidation phase. However, market sentiment indicates...
EUUR/GBP is reacting off the pivot and could potentially reverse to the pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 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 suitable for all investors, so...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84600 support and resistance area. Trade safe, Joe.
ECB deposit rate facility news comes out soon, as well as speech from the ECB in general terms relating to monetary policy. Anything that confirms a quicker easing cycle will likely feed into a downside drip for the EURO. This comes as a near term uptrend forms on a second high. Upside moves will rely on anything that will delay a cut (unlikely). The FED has...
The Fiber (EUR/USD) has reacted off the pivot and could potentially drop to the 1st support level which has been identified as a pullback support. Pivot: 1.0858 1st Support: 1.0809 1st Resistance: 1.0879 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...
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
EURUSD remains bearish on the daily timeframe and is currently in an ascending channel with a test at the upper channel, a failure to break above a major resistance area at 1.09-1.10 level, and a bearish daily engulfing candlestick pattern that would confirm its next movement. The first target is to the lower channel at area 1.07 and if it breaks, the next target...
Hi guys. right here we have a potential short opportunity on EURUSD and it is based off the 4hrs internal structure. the 4hrs swing structure is bearish and now that the internal structure has aligned itself with the bigger swing structure, the expectation is that this bearish order flow will be maintained until we take out the swing low. I am looking for...
Trading Setup: There is a Trading Signal to Sell in EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0882 ⭕️SL@ 1.0906 🔵TP1@ 1.0829 🔵TP2@ 1.0786 🔵TP3@ 1.0711 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84300 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84300 support and resistance area. Trade safe, Joe.
This week’s gold markup is looking very similar to EUR/USD. We have trendline liquidity sitting under the current lows. We have taken some obvious liquidity, so this could be an early sign that price action may be shifting bearish for a longer-term move. Bear in mind, we have taken all-time highs on gold, as we have across the higher timeframes, meaning that our...
The EURUSD pair is pulling back as per our last week's trading plan (July 16, see chart below) and reached the bottom of the (dashed) Bullish Leg: The long-term pattern remains a Channel Up but as mentioned last week, the current Bullish Leg is about to get exhausted. On the previous Bullish Leg it did on a Double Top. Regardless if that takes place or not...
The EUR/USD pair on the Daily timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the upcoming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
The Fiber (EUR/USD) is rising towards the pivot and could reverse to the pullback support level. Pivot: 1.0911 1st Support: 1.0860 1st Resistance: 1.0948 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 suitable for all investors, so...
EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0913 Why we like it: There is a pullback resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.0947 Why we like it: There is a pullback resistance...