Gold/EUR
EN is by far the most simple setup we have here on this Sunday markup, a clear break of SWL structure giving us a bearish setup with good confluence, the C-Swing POI played us higher at the end of Fridays session so we should be able to grab the highs created by this move as we come into Sunday/Monday sessions, sells from our swing POI would be ideal as we always...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.86600 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86600 support and resistance area. Trade safe, Joe.
reaching old high in dxy something happen in market look closely in monthly and weekly chart maybe we are shifting because ending year and other pairs have potential move because there are not symmetrical with dollar check CAD XAU S&P AUD
Here is my latest structure analysis & key levels to watch next week on EURUSD. Horizontal Structures Support 1: 1.0630 - 1.0635 area Support 2: 1.0516 - 1.0545 area Resistance 1: 1.0717 - 1.0737 area Resistance 2: 1.0755 - 1.0775 area Vertical Structures Vertical Support 1: Lower boundary of a falling channel Vertical Resistance 1: Upper boundary of a...
EURUSD is still digging lower, recently attacking Sellside Liquidity in the form of relative equal lows and a Monthly low. On the Weekly timeframe there is nothing that piques my interest. Price has been going from PDA to PDA on its way down. I still anticipate it heading low for more relative equal lows, which coincides with my bullish bias for the DXY.
Hello traders , today i took a look at EURGBP the pair looks very very bearish to me. here our your clues Weekly TF Double bottom on key level formed Broken bearish trendline Broken neckline with strong bullish candle. i believe the trend has reversed the pair is bullish now you should be looking for buying opportunities.
Hey Traders, in the coming week we are monitoring EURCHF for a selling opportunity around 0.96800 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.96800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06900 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.06900 support and resistance zone. Trade safe, Joe.
EURGBP is on a strongly bullish 1D technical outlook (RSI = 67.813, MACD = 0.002, ADX = 32.512) as it is rising on HL since the 0.84950 bottom. The 1D MA50 has been turned into Support but the price is now approaching the first important Resistance levels for the long term, R1 (0.87025) and more importantly the 1D MA200. If it achieves a candle close above, we...
in uptrend since long time now showing some bearish signs recently formed ascending channel breakout and retest has already confirmed expecting massive bearish rally in coming days expecting 350 to 400 pips bearish rally
Price has been consolidating but has now formed structure within the range that could possibly push price outside the range to the upside to possibly retest a higher time frame supply before further expanding down since higher time frame bias is bearish at least for the short term.
EUR/USD Regains Ground as Market Awaits Fed Decision The Euro (EUR) has rebounded against the US Dollar (USD), allowing EUR/USD to recover and make gains near the 1.0700 level on Wednesday. Meanwhile, the USD Index (DXY) has been trading with uncertainty in the low 105.00s as market participants exercise caution ahead of the crucial Federal Open Market...
The EURCAD pair has been decreasing since the August 30 High that formed the 1.48250 Resistance (1). Being below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line), the long-term outlook looks bearish, considering also the fact that we may have completed a huge Head and Shoulders pattern since December. However, the price is decelerating the...
EURJPY - 24h expiry Buying pressure from 157.37 resulted in prices rejecting the dip. A Doji style candle has been posted from the base. Indecisive price action has resulted in sideways congestion on the intraday chart. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Further...
RESISTANCE @ 1.1245 TP5 @ 1.1225 TP4 @ 1.1145 TP3 @ 1.1025 TP2 @ 1.0950 TP1 @ 1.0845 BSO2 @ 1.0733 ⏳ BSO1 @ 01.0670 ⏳ 😭 PA pushed well below our Pivot Low and triggered our Stop-Loss. 🙏🏾 However, I'm going to stay true to my original analysis and shoot for a long AGAIN.
EURUSD is testing the top of the Megaphone pattern on the 1H timeframe. Doing so on overbought technicals (RSI = 75.380, MACD = 0.001, ADX = 41.699) it is likely to see another pullback to the 1H MA50. Since however the Fed announces the Rate Decision in a few minutes, it is possible to see an upward push to finally break over it and to the R1 level (1.07695). If...
Fundamentally I got Aussie strength on the horizon, whilst the EU is all over the place. I'm seeing a big fall coming, with the EU basically stagflating and AUD being buoyed by Chinese recovery, gold price increases etc. Even though we've seen positive data for the Euro this week, the effect on the FX has been negligible. Can't see the Euro doing much more than...
Buy EURUSD H4 Wedge Pattern formation Weekly Forecast (Sep 18 - 22) Buy only after price breakout of wedge pattern only wait for conformation in short timeframe . Thank you.