as in the 4H chart of EURUSD there is a FVG above the current price which if the price hit it I think it would be a suitable sell position for EURUSD The target can be lower swing low
This is my Intraday analysis on EURUSD for 16Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H 1. Bullish Swing Bearish INT 2. We are at Swing Discount, Most probably that swing pullback will start once we get a CHoCH 3. Price made a Bullish Swing BOS and we expecting after a break of...
Good morning, Over the weekend, the Dollar Index made an upward move, but it now appears to be reversing its course and heading lower. As for the EUR/USD pair, it seems to have opened in line with the previous Friday's balance, as observed on the TPO chart volume statistics. Our team, the Global Chart Surfers, has been holding short positions since last week....
EUR/USD Weekly Forecast: Bears Dominate Amid US Data and Middle East Tensions The EUR/USD pair experienced a tumultuous week as bears returned with vigor, leading to a decline to around 1.0510. The pair's efforts to recover from early October lows have been thwarted by recent developments favoring the US Dollar. Middle East Tensions and Safe-Haven USD The...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.86300 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86300 support and resistance area. Trade safe, Joe.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area, which coincided with support line and $1.0685 resistance level, and started to rise near support line. But later, Euro started to decline, broke support line, and entered to falling channel, where price fell firstly to...
This is my Weekly analysis on EURUSD for 16-20 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Weekly 1. Swing Bearish Internal Bearish Reached Swing EQ 2. After the iBOS we expect pullback, price tapped into Liq and a demand zone which showed a nice reaction that the pullback of the...
Watching for it to break up higher from here, let's see.It might also sideway or go lower to test the up trendline... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And...
In the previous analysis of this currency pair, we expected the price to rise when the downward trend line was broken that according to the conditions of the dollar index, this currency pair failed to fill the moving step to rise, so we updated the drawn downward trend line And we specified two scenarios for the price movement, according to the movement of the...
The euro is in a 4-hour downward trend and is forming the second lag, and then corrects and continues the downward trend until the target of 1.0350.
UR/USD Hovers at 1.0600 as Mixed Sentiments Prevail EUR/USD is navigating mixed sentiments against the US Dollar (USD) on Wednesday, hovering around the 1.0600 level. The day kicked off with European stocks posting slight losses, which has led to a somewhat indecisive performance of the Euro. The USD Index (DXY), a gauge of the USD's strength against a basket...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05700 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.05700 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.66250 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.66250 support and resistance area. Trade safe, Joe.
It is officially Q4 and I am expecting the next quarterly shift soon. Overall, I am still bearish EUR and GBP on the quarter, but I am open to buying this month given that I am expecting this week to trigger the monthly manipulation and next week to trigger the quarterly manipulation phase. I want to eventually see the BISI(M) below price engaged on both EUR and...
The EURHUF pair is on a peculiar Ascending Triangle pattern, currently supported by the 1D MA50 (blue trend-line) near the Higher Lows. The 1D RSI is on a Higher Lows trend-line of its own and as long as those hold, we are bullish, targeting 394.6500 (Resistance 1). If a 1D candle breaks and closes below the 1D MA50, we will take the small loss and open a sell...
There is much noise about dollar losing its king status in the world. The drop in the yellow wave b within a correction could have spurred that speculation. You can see that it was a natural move to retest broken former barrier. It was successfully rejected as the price bounced up quickly. The target for the next move could be around $125 where yellow wave c...
This is an intraday analysis for EURUSD on 15m and 4H chart based on Smart Money Concept (SMC) 15m: 1 Swing Bullish Internal Bearish 2 After the 15m BOS, we are expecting a Swing pullback which already confirmed by the iBOS. As we are in Swing Discount the 15m and 4H Demand zones are currently providing opportunity for Longs to target the Swing High....
EURCHF is trading inside a Channel Down since January and recently priced the latest Lower High. We approach Support (1) which is a level that has held since July 27th. Trading Plan: 1. Buy as long as a (1d) candle doesn't close under Support (1). 2. Sell if it closes under it. Targets: 1. 0.96500 (top of Channel Down). 2. 0.93800 (-3.30% decline from the top,...