Gold/EUR
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. From daily chart we can observe that EUR is sitting on a Support zone, through h4 to h1 the chart is still bearish. So for me unless something changed, I will still go on short on EURUSD. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bouncing around at the daily key level. watching for breakout of this consolidation to give me direction! My EUR index also indicated that it is at a key level to hold as a currency. Do Like and Boost if you have learnt something and enjoyed the content, thank you! --...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a short time ago bounced from the 1.0910 resistance level, which coincided with the seller zone and a little declined below. After this movement, the price started to rise in an upward channel, where it rose back, and later Euro reached the resistance line...
4h- On the 4-hour timeframe, we continue the downward movement without any signs of reversal. The clear target of the current movement is the fractal minimum that initiated the previous upward movement.
On the daily timeframe, on Monday, we experienced a break of the long context, followed by a continuation of the movement with the aim of covering the formed imbalance. By the beginning of the next week, I would like to see a correction to the zone of the nearest fractal formed on Thursday, with the potential to cover the imbalance. The nearest target for me is...
Weekly timeframe - the price reached the nearest fractal maximum, but failed to establish itself above it. The target of this movement is considered to be the local minimum around 1.05.
EURGBP is currently oversold near a low point of a range as the GBP appears set up to decline against the USD more than the EUR. Due to this, I think that the EURGBP pair will rise in the short term.
This is my beginner point of view about what is likely to happen in eurusd in the near future, this short term analysis is just an opinion or idea and intends to share a trading advice or anything.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price started to decline and it entered to wedge, where it first fell to support line, breaking $1.0920 level. After this, Euro soon backed up, breaking $1.0920 level again, and then reached resistance line of wedge. Then price started to...
The EUR/NZD exchange rate is currently trading in a downtrend. The currency pair has been forming lower highs and lower lows since June 15, 2023. The RSI is also in a downtrend, which suggests that the selling pressure is likely to continue. Traders who are looking to buy the EUR/NZD exchange rate could consider doing so at the current levels. However, traders...
We saw big drops on all JPY pairs today. I expect some big reversal moves to the upside on all these pairs and EURJPY looks really good for a long setup. Let me know what you think! Always make sure to manage your risk!
This is my Intraday analysis on EURUSD for 7 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. Price had created a Bearish INT Structure and it could be targeting the 4H Demand within the Swing extreme. Currently price is in...
European stock markets rallied today amid indications that major central banks might have concluded their tightening cycle. The DAX index in Germany edged up by 0.1%, fueled by growing investor optimism about the European Central Bank's pause on interest rate hikes despite bleak economic data. The Eurozone faces a potential recession in the last quarter of the...
If EURUSD gets rejected in this zone I will be looking for short positions and for a new low to be made!
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.94600 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.94600 support and resistance area. Trade safe, Joe.
EURCHF - 24h expiry Buying posted close to the previous low of 0.9417. Bullish divergence is expected to support prices. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look for a temporary move higher. We look to buy dips. We look to Buy at 0.9420 (stop at 0.9396) Our profit targets will be 0.9480...
#EURUSD UPDATE Hi team, We are here to update our analysis about EURUSD. EURUSD was in a strong uptrend and formed an another accending triangle. Now it breaks down and reached on major support level, where we can see a possible pull back to upside. Be make sure to enter in trade after confirmation in the LTF traders.... Stay tuned...
#EURGBP UPDATE Hi team, We are here to update our analysis about EURGBP. EURGBP is forming a position sell opportunity zone. If the market retest the mentioned zones and give any confirmation in the LTF, then we'll place our sell order. Stay tuned...