In today's article, we will look at the *S&P500* and its relevant markers for the coming week. > KW 03 = 16.01. - 20.01. > The marks should serve you as orientation for your own analysis. > The "VIOLET" marked ZONES are TARGET RANGES - for possible trades. ! NOTE ! If financial events take place, there is a high probability that through market maker...
Hey Traders! 👋 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 👍 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...
EURUSD made a lower high yesterday and we now see a test of 1.0700 again. We continue to watch for a breakout and exhaustion of the move. While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone. (We shared about this movement in yesterday's email.) If the EURUSD continues to hold at...
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...
Based on market conditions and technical analysis I expect a push up for the EUR pair. BUY!
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...
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 ...
Today's focus: EURGBP Pattern – Range/Descending Triangle Possible targets – .8600 Support – .8670 Resistance – .8705 Today’s 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...
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.
currency pairs EURJPY At the moment, we can see a good entry point for this currency pair to open the trade up and buy. The entry point is $151.503, the stop loss point $151.200 can be good and we can see two targets to profit from this currency pair: $159.628 and $168.451 We have to wait for confirmation.
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.
I missed this out on my video just now. Anyway just take note that Eurusd is at a level of interest,looking at daily and h4 charts! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on...
pullback should be coming in on euraud ,looking to take long on lower timeframe. Similarity on the gbpaud as well :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if...
EUR/NZD - Swing Targets Downside Targets are Shown on the Chart. Good luck, and enjoy!
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.87 zone, EURGBP is trading in a downtrend and we have noticed a fake out, price got below the trend again and currently in a correction phase in which it is approaching the major trend at 0.87 support and resistance zone. Trade safe, Joe.
The US dollar (USD) has staged a comeback against the Pound Sterling (GBP) and Euro (EUR) over the past few weeks, but foreign exchange analysts at MUFG still consider that medium-term depreciation is the most likely outcome. The bank considers that the US Dollar exchange rates are overvalued, especially against the Japanese Yen (JPY) and net capital flows are...