Gold/EUR
This is my Intraday analysis on EURUSD for 28 Mar 2024 W13 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 3. Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing...
EUR/USD maintains its position around 1.0860 during the early European session on Tuesday, following a positive close on Monday. The USD experienced slight selling pressure, allowing EUR/USD to gain traction at the beginning of the week. However, the pair now finds itself within a potential reversal zone, prompting us to monitor for any discernible patterns...
EUR/USD Technical Analysis 📉📈📊 Current Price: 1.08360 🟢 Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊 Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment. Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08250 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08250 support and resistance area. Trade safe, Joe.
EUR/USD is falling towards a pullback support and could potentially bounce off this level and rise to our take profit. Entry: 1.07998 Why we like it: There is an overlap support level Stop loss: 1.07621 Why we like it: There is a pullback support which aligns with the 78.6% Fibonacci projection Take Profit: 1.08573 Why we like it: There is a swing high...
The EUR/USD pair on the M30 timeframe presents a potentially ambiguous situation with an expanding triangle pattern. While this pattern can signal a breakout in either direction, some caution is advised before entering a long (buy) position. Potential Long Trade : Entry around: 1.0823 (current price) Target Levels: 1.0880: This represents the upper trendline of...
This is my Intraday analysis on EURUSD for 27 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
Hello traders, I want share with you my opinion about Euro. If we look at the chart, we can see how the price some days ago started to trades in a downward channel, where it first rebounded from the support line and rose to the 1.0940 resistance level, which coincided with the seller zone. Soon, the price broke this level, and some time traded in the seller zone,...
The EURUSD pair is ahead of the first Death Cross on the 4H time-frame since January 19 2024, trading within a Channel Down similar to January's. This technical symmetry suggests that every rebound is a short-term sell opportunity, with the 4H MA200 (orange trend-line) expected to turn into a Resistance until the next Bullish Leg. One last rally towards 1.08750...
EURUSD is on the 2nd Bearish Wave of the Rectangle since the start of the year. That is in the form of a Channel Down, so far identical to the 1st. This, along with the Fibonacci retracement levels offer stable entries for both buying and selling. Trading Plan: 1. Sell on the current market price. 2. Sell on the next MA50 (4h) rejection after that. Targets: 1....
This is my Intraday analysis on EURUSD for 26 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85500 support and resistance area. Trade safe, Joe.
As you can see, the price created equal highs defined as our final target. There are two possible scenarios. Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to decline near support line, but sometimes it rose to resistance zone, but soon continued to fall. In a short time later, Euro even made fake breakout of support line, after which tried to rise but failed. Price fell to $1.0700...
The EURCHF pair is trading within a Channel Down pattern since the September 26 2023 Low. The current Bullish Leg is approaching the first 1D Golden Cross since February 06 2023, which was formed after the last Lower High on the 1.5 Fibonacci extension. That (Fib 1.5 ext) is the ideal sell entry, which is currently at 0.9900 but the Risk/ Reward Ratio is good...
Euro bounces back a little after falling sharply The Euro (EUR) gained a little ground against the US Dollar (USD) on Monday. This might be because some traders were buying Euros after they had sold them recently (profit-taking). Last week, the Euro fell a lot after data showed the US economy was doing better than expected. This data made some investors think...
The EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the...
This is my Intraday analysis on EURUSD for 25 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...