Hello guys, Everything is explained on the chart for you like always. We see a weakness in the trend and a reversal pattern as well as a divergence in RSI, be careful. So two points to enter sell position which you can consider. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :)
EURUSD looks very confident to rise in the medium term. Buyers are breaking through a key resistance pattern. What to expect next? The price is trying to break out of the price channel again. The formation of the Triangle pattern causes the limit resistance level to be broken. The price exits into the long zone. The final fixation of the price above 1.0870 will...
The Euro has retraced to the breakdown zone and is at resistance on the larger timeframe.
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said has the potential to reach the target and this happened. For now you have to be very very careful and even consider a bull trap. If and only If the resistance base is broken and price stabilizes above that, you can...
💶💵 EUR/USD Anticipating A Waterfall 💶💵 Nearest strong support zone: around the 0.236 fibo level of the upward wave. 💶💵 Nearest strong resistance zone: around recent local peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: 50/50 - RSI: Downtrend (divergence) 💶💵 Price Action: EUR/USD After yesterday's attempt to attack local peaks was very...
EURUSD continues to consolidate in the range of 1.08669 - 1.07573, the support zone was tested, after which the price again headed for the retest of the limit resistance The trend remains dominated by the buyers, a fairly confident position on the chart can be interpreted as a possible continuation of growth. The price is in consolidation, but at the same time...
💶💵 EUR/USD Declines As I Wrote 💶💵 Nearest strong support zone: around the fibo level of the 0.236 rising wave. 💶💵 Nearest strong resistance zone: around local peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Downtrend - RSI: Downtrend 💶💵 Price action: EUR/USD is again attacking the south direction exactly as I wrote in the last post, the...
Opportunity to short EU down to 1.0793 if bears can hold ground here.
💶💵 EUR/USD Will We Break Out Bottom? 💶💵 Nearest strong support zone: around the 0.236 level of the upward wave. 💶💵 Nearest strong resistance zone: area of recent peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Downtrend (divergence). 💶💵 Price action: EUR/USD rallied today exactly as I expected, it looks like the scenario...
EURUSD Chart for London session, looks good to buy here in this trend.
💶💵 EUR/USD Next Week = No Increases 💶💵 Nearest strong support zone: level of 0.236 pattern wave. 💶💵 Nearest strong resistance zone: around recent peaks. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Downtrend (divergence) 💶💵 Price action: EUR/USD during Friday's session did not want to continue rising despite the lack of...
EU 1h trade based of levels I have here, looks good to buy wait for this candle close to decide.
EURUSD is breaking through amid weakening indices after the release of inflation data. The currency pair breaks resistance and points us to a possible acceleration in growth The price moves into the long zone after exiting the price channel upwards. The potential for growth towards 1.1000 and 1.11700 is opening up. At the moment the price is between the...
💶💵 EUR/USD Correction time 💶💵 💶💵 Nearest strong support zone: around the 0.236 level of the entire upward wave. 💶💵 Nearest strong resistance zone: around the recent maxima. 💶💵 Technical environment: - Moving averages: Uptrened - MACD: Uptrend - RSI: Uptrend - Supertrend: Uptrend 💶💵 Price action: EUR/USD Maintains its upward momentum reaching the 1.083...
The algorithm has found an interesting pattern in EUR/USD. Red in chart After the break of the previous channel the price has corrected a 61,8%, the fibo level but this is also the previous zone of supports and resistances. If that's not enough, it's also the last level with accumulated volume, if we move to 1,08 the volume disappears which would be the...
💶💵 EUR/USD Chance for Continuation of Increases? 💶💵 Nearest strong support zone: around the last correction bottom. 💶💵 Nearest strong resistance zone: outer fibo level 1.272 of the last downward correction. 💶💵 Technical environment: - Moving averages: Uptrend - MACD: Downtrend - RSI: Uptrend - Supertrend: Uptrend 💶💵 Price action: EUR/USD Still struggling...
Price has finally broken below the support area of a Major rising wedge. It has since given a perfect retest of the 61.8 fib level and the bears have now shown up on the lower TF. Here is the play I will be taking: Entry - 1.05828 Stop Loss - 1.06354 52 pips Take Profit - 1.04155 167 pips
💶💵 EUR/USD Continuation of Declines 💶💵 Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak. 💶💵 Nearest strong resistance zone: around recent highs. 💶💵 Technical environment: - Moving averages: 50/50 - MACD: Downward trend - RSI: Downward trend 💶💵 Price action: after the strong reaction of the strengthening of...