🤑The EURUSD is in a Bullish phase by a Falling Wedge Pattern. If price manage to break the falling Wedge . the price can easily reach the target after a little correction. ⭐ Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
SLO @ 1.1210 ⏳ TP5 @ 1.1190 TP4 @ 1.1125 TP3 @ 1.1015 TP2 @ 1.0950 TP1 @ 1.0850 BSO @ 1.0715 BLO @ 01.0690 📈 After a +500 pips profit towards the downside, PA should be ready to rock towards the upside again. Let's get this money. R:R @ 1:1 👉🏾 For more info, check out the Big Picture Analysis on my LIVE STREAM www.tradingview.com
Yesterday EURUSD broke the previous low and reached 1,0631. The downside move keep going but we’ll be looking for exhaustion. There will be opportunities upon correction towards 1,0700 and pullback. The next support is 1,0609, where it is advisable to lower the risk of the sells and to look for reversal.
EURUSD reached the bottom of the six week Channel Down, completed a -2.70% decline such as the previous one and turned the 1H RSI extremly oversold (RSI = 17.487, MACD = -0.002, ADX = 31.778). This is a low risk chance to take a short term buy to the top of the Channel Down. Our target is, as with the previous rebound, the 0.618 Fibonacci level (TP = 1.08250). ...
EURUSD stabilizing above 1.07449 will support rising to touch 1.07756 then 1.08289 then 1.09075 stabilizing under 1.06914 will support falling to touch 1.06369 the 1.06036 Pivot Price: 1.06914 Resistance prices:1.07756 & 1.08289 &1.09075 Support prices: 1.06369 & 1.06036 & 1.05503 timeframe: 4H
Traders, do not forget that in less than 2 hours we are expecting the ECB rate decision and a press conference. Here is my technical outlook for EURUSD, ahead of the news. The pair has recently violated 2 structures: a horizontal daily support and a rising trend line. After the violation, the price set a new lower low and started a correctional...
Hey Traders, in today’s trading session we are monitoring EURUSD for a selling opportunity around 1.08 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
The EURGBP pair gave us a solid sell signal (1D RSI breaking the Higher Lows) on our last call (August 03) and has already hit our first target (see chart below): The pattern remains a Channel Down since the February 03 High, maintaining the bearish trend unless the 1D MA200 (orange trend-line) breaks. It is also possible to see a transition to a Rectangle...
Hello, traders! EURUSD may fall after hitting the horizontal Resistance level of 1.0820 NOTE: Take next week news under observation. A big surprise in news could devalidate this analysis.
Good morning, fellow traders. It seems that Asia is pushing the price higher towards a liquidity pool. They might run into a higher Order Block, which could potentially lead to a price reversal. The same situation appears to be happening with the USD index. It's essential to keep a close watch on these developments. There's no need to rush into trades, especially...
Yesterday during the news we saw fluctuations within 50 pips without clear direction. ECB interest rate is coming today. Bear in mind that there will be press conference 30 minutes after the news. We’re watching for breakout of yesterdays move. A key resistance remains the levels around 1,0785.
EURUSD Wyckoff Pattern EURUSD - H1 Chart - Wyckoff Pattern in Accumulation Phase 1. Preliminary Support (PS) Preliminary Support or PS is a support level that forms after a significant fall in market prices. It’s caused by Big Institutional Players and Smart money traders, when they try to acquire bullish positions after a strong selloff. In the image, you...
EUR/USD Faces Uncertainty Ahead of Key Events: ECB Meeting and US CPI Data Introduction The EUR/USD pair is grappling with uncertainty as it hovers below the mid-1.0700s during the early European session on Wednesday. Investors are treading cautiously ahead of pivotal events that could significantly impact the currency pair's direction. The EUR/USD is currently...
Last week we outlined a bearish bias on the daily EUR/JPY chart, due to its elongated bearish candle below 160 following an established RSI divergence on the daily chart. The 1-hour chart shows a strong move lower from the August highs, followed by choppy price action and a lame attempt to recoup half of the losses sustained from the initial drop - which suggests...
EURCHF broke and closed above a major falling trend line on a daily. The market is currently retesting that. I anticipate a growth to 0.9595 resistance. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today’s trading session we are monitoring EURGBP for a selling opportunity around 0.86200 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86200 support and resistance area. Trade safe, Joe.
The EURUSD pair got last week the closest to the 1W MA50 (blue trend-line) it has been since the January 02 2023 1W candle, practically the start of the year. The 1W MA50 has been the long-term Support of the bullish trend since the pair broke above it on the week of December 05 2022. Testing it after that long can provide a technical rebound, especially...
EUR/USD Struggles Amidst Dollar Rebound and ECB Uncertainty Introduction The EUR/USD pair is facing a challenging road ahead as it attempts to recover from recent lows. Despite an overnight rally that pushed it to a four-day high, the pair is grappling with a mild negative bias during the Asian trading session on Tuesday. Spot prices are currently hovering...