Gold/EUR
EUR/NZD’s rebound this month has lacked strength, just as the cross approaches a stiff hurdle at the early-May high of 1.7835. Chances are that EUR/NZD could settle in a 1.7150-1.7850 range in the near term. This follows a retreat in April from the top of a rising channel since 2015. Any break above immediate support at Tuesday’s low of 1.7570 would raise the odds...
Here is my latest structure analysis for EURUSD. Resistance 1: 1.124 - 1.128 area Support 1: 1.106 - 1.109 area Support 2: 1.098 - 1.101 area Support 3: 1.083 - 1.085 area Support 4: 1.063 - 1.069 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86350 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86350 support and resistance zone. Trade safe, Joe.
EUR/GBP BEARISH CONTINUATION Euro zone fundamentals weaken: Technical recession confirmed, inflation data improving which helps build a case for a more dovish ECB to come Markets anticipate another 100-bps worth of tightening from the BoE this year as inflation is way too high still at 8.7% EU FUNDAMENTALS ARE LIKELY TO EMBOLDEN ECB DOVES Downward revisions to...
Hey Traders, in the coming week we are monitoring EURCHF for a selling opportunity around 0.96700 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.96700 support and resistance zone. Trade safe, Joe.
EURJPY is trading in a long-term bullish trend. After it reached 158 level, the market started a correctional movement. The price retraced to a rising trend line and bounced from that. The market is retesting the current high now. If the price breaks and closes above that on a daily, it will trigger a trend-following movement. A bullish continuation will be...
Hey Traders, in the coming week we are monitoring EURUSD for a buying opportunity around 1.09500 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.09500 support and resistance zone. Trade safe, Joe.
EURUSD has started the medium term correction inside the long term Channel Up after it hit the top and made a HH. The 1D technicals may not be overbought any more but remain bullish (RSI = 60.317, MACD = 0.009, ADX = 35.910) illustrating that there is still way for the price to decline before they find a balance. We expect that to be on the 1D MA50, unless the 1D...
EURAUD has made a Double Bottom on the 1D MA50, keeping the 1D time-frame bullish (RSI = 58.711, MACD = 0.006, ADX = 17.748). This is primarily a bullish signal and as the 1D RSI is forming the same Channel Down which on April 14th kickstarted a strong leg up, we will take a short-term buy position targeting the 1.0 Fibonacci (TP = 1.67850). The extension can...
For today I'm looking at EUE/NZD .. price is moving in a trading range. I'm looking at the price and waiting for a signal to enter sell positions .. breaking RSI dynamic line, or make a candle pattern .. that's what I'm looking for, and following a price to support zone. Remember, money management and risk management. That's the only way to win in this game. Ps....
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
EURJPY is bouncing of resistance, I am into short positions looking for a nice profit! Trade safely! Let me know what you think!
EURCHF - Intraday There is no clear indication that the downward move is coming to an end. Broken out of the channel formation to the downside. Rallies should be capped by yesterday's high. 50 4-hour EMA is at 0.9661. Preferred trade is to sell into rallies. We look to Sell at 0.9659 (stop at 0.9685) Our profit targets will be 0.9599 and 0.9589...
EURCAD is approaching a confluence zone based on a horizontal support and 382 retracement of the last bullish impulse. The price also formed an ascending triangle formation on 1H time frame and broke its neckline as a confirmation. I expect a pullback to 1.4717 / 1.475 ❤️Please, support my work with like, thank you!❤️
Yesterday EURUSD reached the support zone but didn’t give a chance for buys. USD interest rates is coming next Wednesday. We often see sideways movements before important news. We’re not looking for new trades at the moment and we’re waiting for the correction to continue.
EURUSD got rejected at the top of its multi month Channel Up and crossed today under the 4hour MA50 for the first time since the bullish break out of July 7th. This pull back looks so far quite the same as June 22nd/23rd. The 4hour RSI almost got oversold as then. If the 0.382 holds, we may see a Falling Wedge consolidation before the new leg up to the -0.618...
Hey Traders, in this week we are monitoring EURGBP for a buying opportunity around 0.86200 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86200 support and resistance zone. Trade safe, Joe.
eurusd is bearish and pullback 4h to orderblock 4h in 15m is choch , BOS is near