Gold/EUR
EURUSD has almost hit the top of the 12 month Channel Down and started to pull back with today's 1day candle being the strongest daily selling since November 30th. The 1day MACD has formed a Bearish Cross and the downside potential inside this Channel Down is seizeable. For now sell and target 'just' 1.07215 (bottom of the Megaphone and Rising Support). If the...
The EURAUD pair has been trading within a Channel Down pattern since the August 17 2023 High. The price is now very close to the bottom (Lower Lows trend-line) of the pattern, which makes it a technical buy opportunity. As long as it is closing the 1D candle above the bottom, we will be bullish, targeting the top (Lower Highs trend-line) just above the 0.618...
#EURUSD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #EURUSD. Traders, Anna is monitoring the forex pair #EURUSD. Hi traders, as we all can see that our last #EURUSD setup goes perfectly. We are here to share a new #EURUSD setup with you. #EUSUSD will go...
Greetings Traders, In tomorrow's trading session, our focal point is EURNZD, where we are actively assessing a potential selling opportunity around the 1.76000 zone. Marked by a persistent downtrend, EURNZD signifies an enduring downward trajectory, reflective of prevailing market sentiments. Simultaneously, the currency pair is immersed in a correction phase,...
Greetings Traders, In tomorrow's trading session, our attention is on EURAUD as we actively explore a potential selling opportunity around the 1.63000 zone. Engaged in a downtrend, EURAUD signifies a sustained downward trajectory, reflecting prevailing market sentiment. Concurrently, the currency pair is undergoing a correction phase, steadily converging towards...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. EU should have some retracement on its h4, h1 chart currently is still more to the downside...Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
1H - The hourly timeframe is in a short context, and we have repeatedly confirmed the order flow. I consider the SSL as the invalidation point for the entire process. Until the target is reached, I plan to consider exclusively short positions, provided the short trend continues.
Hello everyone, weekly market review for EURUSD. 1D - the daily timeframe continues to be in a long context, with two imbalances formed below us. I expect the end of the corrective movement to one of them, after which we can continue the long trend with the target set at the local maximum.
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago started to trades in a range, where it firstly rebounded from the support level, which coincided with the buyer zone, and in a short time, it reached the top part of the range. After this, EUR made a correction to the 1.0520 support level,...
The EURUSD pair has made a top on the 4h Channel Up and is approaching the 4h MA50. This is a very important level as when it broke during November's rise, it initiated the Channel's correction to the bottom and the 0.618 Fibonacci level. Sell if broken and target 1.0900. Follow, Like, Comment below!
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat. In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout. After this, price made upward...
EURUSD is testing a wide daily horizontal demand area. The price is currently ranging on an hourly time frame. A bullish breakout of the resistance of the range - an hourly candle close above 1.1085 - will be your solid bullish confirmation. A bullish continuation will be anticipated at least to 1.1106 level then. If the price drops lower, the setup will...
EURAUD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 1.6150. Price action looks to be forming a bottom. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.6225 will confirm the bullish momentum. We look to Buy at 1.6190 (stop at 1.6154)...
EURUSD is about to turn neutral again on its 4H technical outlook (RSI = 55.947, MACD = 0.003, ADX = 54.703) as the uptrend got rejected today near the top of the two month Channel Up. As the 1D RSI is forming the same Bearish Divergence as the November 28th HH, we turn to selling again as this is technically the Bearish Wave of the Channel Up. The previous HL...
The EURUSD pair easily hit our 1.10500 target, which we set on the previous analysis (see chart below) on December 19: We now shift back again to the 1D time-frame where the 1D RSI is about to hit the 70.00 level and turn overbought, while the price being near the top of the 3-month Channel Up. As you can see, similar Channel Up patterns have existed since...
EUR/USD Eyes 1.1200: Technical Momentum Fueled by Dovish Fed Expectations In a striking ascent, the EUR/USD pair is surging towards the major resistance at the 1.1150 level, signaling a bullish momentum that aims to breach the psychological threshold of 1.1200. The Euro (EUR) maintains its winning streak, gaining ground against the subdued US Dollar (USD). This...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
EUR/USD Pauses in Holiday Hush: Technical Analysis Points to Bullish Continuation As the last week of 2023 unfolds, the EUR/USD pair finds itself meandering within a narrow range during the early European session on Wednesday. The subdued market activity is characteristic of the holiday season, contributing to a quiet trading session. Currently hovering near...