Gold/EUR
Last week EURGBP posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may see another green weekly candle posted this week. It is also the case that EURGBP posted a green Heiken Ashi candle on the daily time frame, after a series of red candles. This suggests to me that we may see a multi-day bull run.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05800 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.05800 support and resistance area. Trade safe, Joe.
The DXY had been on a formidable run that we predicted over a month ago. Now it's showing a lot of weakness at a key level. We are not in a short yet but we are longing GOLD and will enter other positions when the DXY makes a concrete move. The 4h chart paints a great picture for the bears.
EURJPY was consolidating within a horizontal trading range for the entire September. The market finally dropped yesterday and successfully closed below the support of the range. The broken support now turned into a strong resistance. I will anticipate a bearish movement from that to 155.12 / 154.5 ❤️Please, support my work with like, thank you!❤️
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86500 support and resistance area. Trade safe, Joe.
In a week filled with twists and turns, the EUR/USD currency pair faced headwinds that initially pushed it to its lowest levels in months, only to find a glimmer of hope as economic data on both sides of the Atlantic showed signs of moderation. As we delve into the EUR/USD weekly forecast, it's clear that while optimism has not been enough to completely dethrone...
EUR/USD Weekly Outlook: Optimism vs. the Resilient US Dollar Inflation in both the United States and the Euro Zone didn't ignite as expected, bringing a sigh of relief to financial markets. Yet, the US Dollar remains resilient. In the upcoming week, attention turns to key economic data, including the US ADP survey and Nonfarm Payrolls report. The EUR/USD pair...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were looking for buy setups around the lower bound of red and orange channels. Now EURAUD is approaching the upper bound of the red channel. Moreover, the zone 1.665 is a strong resistance. 🏹 So the highlighted red circle is a strong area to...
Before price broke structure to the downside, it formed liquidity and a massive imbalance right under an established supply zone. It preceded to break structure with momentum and has currently retraced back towards the supply zone. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BSO2 @ 1.0635 ⏳ BSO1 @ 1.0555 ⏳ — This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend. — Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also...
EUR/USD Consolidates as Fed's Tightening Prospects Offset Risk-On Sentiment The EUR/USD remains in a bearish momentum, with market participants eagerly anticipating today's release of the ISM Manufacturing PMI, which is expected to deliver a positive forecast. "The potential for a higher-than-expected ISM Manufacturing PMI Price Index would support the notion of...
EURUSD is extending the Channel Down pattern. It has been doing nothing short of declining since the July 18th High. Based on a 4hour RSI sequence of Cup and Handles, today's decline will price a Lower Low for the Channel Down towards the 1.382 Fibonacci extension. That will be your buy opportunity to target the 4hour MA50 at 1.05500. Previous chart: ...
EURGBP is consolidating inside a wide Resistance (1) - Support (1) range since May. Last week, the MA200 (1d) even came into play as a Resistance, rejecting the August bullish leg from breaking over on 4 straight candles. It did however cross over the Falling Resistance of 2023. Trading Plan: 1. Sell as long as the (1d) candles close under the MA200 (1d). 2. Buy...
Hello There! Welcome to my new analysis of NZDEUR. In recent times I have spotted many gems within the forex market. With NZDEUR I have analyzed the underlying dynamics and spotted important determinations that have the potential to elevate NZDEUR into a massive bullish breakout development with expanding price-action dynamics and activation of important...
Hello There! Welcome to my new analysis of GBPEUR. Since GBPEUR formed the major top last month August 2023 it heavily emerged with bearish momentum towards the bearish direction and has not yet recovered since this battered price-action inclinement. Now a big consideration is if GBPEUR finally develops a crucial continuation formation and if the bearish...
Hello There! Welcome to my newest idea about EURCAD. Within recent times there have been grievous developments within the whole forex market developments that should not be underestimated in any case, there are several factors and forex pairs to consider, the economic Eurozone field is still in a not completely recovered condition field because there are crucial...
Hello There! Welcome to my new analysis of EURUSD from several timeframe perspectives, on the current underlying market dynamics, and on what should be expected within the current market. There is a main primary indication, the massively spreading inflation within the EUR that is creating a huge inflation gap between the EUR and USD, and when such an inflation...