Gold/EUR
This is my Intraday analysis on EURUSD for 8 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg and...
Today, the EUR/JPY price rose in the early morning, and right now the price made a good rejection from the 165.1 zone. this rejection could lead to further downward movement after a short retracement. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer:...
By examining the trend in the one-hour time frame, the euro is fluctuating in an upward channel, and considering the high rate of moving averages of the ALLIAGTOR indicator, the possibility of the continuation of the upward trend is very high. In general, this scenario is strengthened, that the rate can rise to the resistance of the ceiling of the ascending...
The EURUSD pair hit our 1.07250 Target of our March 27 analysis (see chart below) before the current 1-week rebound: Right now it is giving mixed signals as the latest rebound made the 1D RSI break and stay above its MA trend-line, which is a pattern it following on the February - March Bullish Leg. At the same time though, the 2024 Channel Down is intact but...
The price is rising towards a resistance level, which also serves as a pullback resistance. A reversal from this level could indicate a double top pattern, potentially leading the price to fall to our take profit target. Entry: 1.08692 Why we like it: There is a pullback resistance level Stop loss: 1.09153 Why we like it: There is an overlap resistance...
EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. We look to Sell at 1.6480 (stop at 1.6516) Our profit targets will be 1.6390 and 1.6370 Resistance: 1.6480 / 1.6510 /...
EURUSD is trading inside a Bearish Megaphone with the price very close to its top. This is still a sell unless it crosses over the top of the pattern. Trading Plan: 1. Sell on the current market price. 2. Buy if the price crosses over the top of the Megaphone. Targets: 1. 1.09800 (Resistance A). 2. 1.07000 (Fibonacci 0). Tips: 1. The RSI (1d) crossed over its...
EURJPY has turned bullish on the 4H timeframe (RSI = 65.893, MACD = 0.220, ADX = 54.338) as the 4H MA50 held and supported a new 2 day rally since Friday. The dominant pattern is a 3 month Channel Up, which makes a HH on the 1.5 Fibonacci extension. The 4H MACD is identical to the pre-High consolidation of the past bullish waves. We are bullish (TP =...
This is my Intraday analysis on EURUSD for 8 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish / Continuation INT Bearish / Pullback Phase 2. Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg. ...
EUR/CAD is currently on a resistance level and could reverse from this level to our take profit Entry: 1.47378 Why we like it: There is a pullback resistance level Stop loss: 1.47789 Why we like it: There is a pullback resistance level Take profit: 1.46630 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the upper bound of the wedge acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 1.088 marked in green. 🏹 Thus,...
This is my Weekly analysis on EURUSD for 8-12 Apr 2024 W15 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ Swing Continuation (Pro Swing + Pro Internal) 2. After the Bearish iBOS we confirmed that the...
1h - The hourly timeframe is currently indicating a short context as well. I'm expecting a breakout above the imbalance and also above the previous day's high (PDH). After that, my main intraday target will be the previous day's low (PDL). Summarizing the above, both key timeframes are in a short context.
Hello everyone, I've prepared the weekly Top-Down analysis for EuroUSD. 1D - The daily timeframe continues to be in a short context after the corrective movement towards the nearest fractal maximum. My nearest target is the fractal around 1.07.
EU starting off our weekly markups, we are looking at exactly what we called for way back at the start of last month which is price creating daily highs and lows bringing us an overall lower low on the weekly TF, as we know this always need a form of pullback to create these structures. On our chart you can see we have an idea of what we would like to see, this...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in flat, where it some time decliend to support area, after which it started to grow. Price left flat, and then reached $1.0935 level and even entered to resistance area, where EUR little time traded. After this, Euro broke...