Gold/EUR
EURGBP hit today the 1D MA100 but so far has failed to cross over it. This is keeping the 1D technical outlook neutral (RSI = 45.430, MACD = -0.002, ADX = 43.111) which is usual after a rebound at the bottom of a Channel. On this particular occasion, it is a Channel Up, rebounding after the 1D RSI turned oversold. However since July 20th, the 1D MA100 got tested...
Hey Traders, In today's trading session, our attention is on EURGBP, as we seek a selling opportunity around the 0.86500 zone. Having previously traded in an uptrend, EURGBP has recently broken out from this pattern and is currently in a correction phase. The correction brings the currency pair towards the retrace area at the 0.86500 support and resistance region,...
Hey Traders, Check out this technical analysis on EURAUD. EURAUD is currently trading with descending triangle pattern, so anticipate a retest of the broken support level and consider entering SELL positions. OR If price break above the upper band trend line then look for a BUY trade Keep a close eye on this; it could play out in either direction.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to trades in the range, where it first rebounded from the buyer zone, which coincided with the support level and rose to 1.0640 points. After this, the price made a little correction and then continued to move up, but soon EUR corrected...
EUR/USD Surges: Fed's Dovish Shift Sparks Bullish Momentum EUR/USD underwent a significant directional shift on Wednesday, experiencing a robust bullish momentum that propelled it above the 1.0900 mark for the first time since December 1st. The market focus has now turned to the upcoming European Central Bank (ECB) policy announcements, leading the pair into a...
EURGBP - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for sentiment and the downtrend has potential to return. Bespoke resistance is located at 0.8630. Preferred trade is to sell into rallies. We look to Sell at 0.8630 (stop at 0.8658)...
The EURCHF pair stayed within the long-term Channel Down, got rejected on its top after our November 02 sell call (see chart below) and effectively hit our 0.941850 target: Despite having more downside to drop it below Support 2, we expect a medium-term rebound as the 1D MACD is very close to posting a Bullish Cross, which within this Channel Down has been a...
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame. It is an important bearish confirmation. We may see a bearish movement to 156.2 / 155.5 soon. ❤️Please, support my work with like, thank you!❤️
Analyzing the DXY, we've seen the last bearish phase executed in two distinct movements, hinting at an underlying weakness in the downtrend. The recent supply zone has indeed nudged the index downward. My projection? The DXY is likely to descend to, or even beyond, the previous low. Stay tuned for updates.
This is my Intraday analysis on EURUSD for 14 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High maybe more above. ...
#EURUSD Daily timeframe, switched to long when the price is confirmed above the current fractal. The first problematic zone is the FVG formed above, I think we will approach it by the end of the week.
The EURJPY pair has been trading within a Channel Up pattern since the March 07 2022 Low and only last Thursday hit the 1D MA200 (orange trend-line) and is rebounding. At the same time the 1D RSI got oversold (below the 30.00) and is also rebounding. The last 1D MA200 rebound that turned into a Higher High for the Channel was on August 02 and peaked on the 1.382...
EUR/USD: Awaited FOMC Decision Sparks Mild Negative Bias EUR/USD is currently trading with a slight negative bias on Wednesday, influenced by a modest uptick in USD strength. The currency pair's downside, however, is cushioned as market participants eagerly await the crucial Federal Open Market Committee (FOMC) policy decision. The focus will subsequently shift...
Hello! After yesterday's break of the fractal maximum on the daily timeframe, the price confirmed a short context. Subsequently, on the hourly timeframe, a short ORDER-Flow emerged. It's essential to always understand that each order flow has a target as well as invalidation points. Summing up everything said, I'm ready to work on the continuation with the first...
This is my Intraday analysis on EURUSD for 13 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bearish to liquidate the INT Low (Liquidity above the Daily Demand) and mitigated the daily demand zone. INT...
Short Video Conclusion On EUR's Retracement Video Content: Dear Viewers, it was one of my first EURUSD video analytics. On TradingView, you can see a verified timestamp of 01 December. You might also remember the original video when I shared the signal. I'm happy to announce the idea completed its Target Price. Your profit is the difference between these two...
EURUSD is close to forming a Death Cross on the 4hour time frame. The pair is trading inside a Rising Megaphone pattern which is inside a larger Channel Down. Both patterns have downside gaps to fill. The price action is almost like all previous bearish legs in 2023 at the time of a 4hour Death Cross. Today's small spike is a solid sell entry. Target 1.06500...
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 -...