Looking at this pair it's been trading in a descending dynamic channel since mid-July, it makes up nearly 58% of the DXY index and so is in close negative correlation to this index. We can see the on the daily a pinbar followed by a long-wick doji, which could mean reversal, the opposite can be seen in DXY: We can now see a breakout of the channel, and the...
We are currently seeing some bullishness on this pair with regards to the 1-hour timeframe. We have marked out our zone, as we would expect the market to retrace before moving further to create higher highs. We have the market on the 1 hour timeframe currently making a Bullish PB, and we have done a bit of trade setup, looking and waiting to catch the longs trade...
As promised, we are here with the 4-hour chart analysis. If you have been following our analysis for a while, it would be absolutely clear to you from our charts that we are in a 4-hour bearish swing. The harmet is heading for the daily liquidity target below. We are currently experiencing a bullish retracement on the 4-hour. This is necessary as the market never...
We have seen this pair progress Bearish over the past few days. On the 4 hour and the 1 hour charts, which would be our primary focus for this analysis, the market has been Bearish. But today we have seen a trend shift on the 1 hour. the 1 hour chart has turned Bullish today. Taking a close look at the 4 hour (using the multi time frame analysis taught by Panzy...
Hello,Traders! EUR-USD has formed a Bearish wedge pattern While trading in a downtrend So when the breakout happns It will be a signals for us To expect a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DXY has broken a previous high and has escaped this range scenario from 01/01/22, Price has now formed a flag or consolidation above this high. If we take the length of the flag pole and extend it above the flag itself we can see this price ends up in this area of previous value, in my opinion USD is likely to make a move here. We can look for tell tale signs of...
EURUSD on the Daily chart has broken the June 2023 Low and we have returned to the price and have started to build value under it, with this consolidation/flag forming, we can wait for a breakout of this flag to look for downside momentum with the dashed lines forming potential take profits on the way down. SPX is also looking weak currently, we could see the DXY...
Hello,Traders! EUR-USD broke out of The bullish triangle pattern So we are bullish biased now And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BTC/EUR vs BTC/USD present significant technical distinctions. Since May 2022, both BTC/EUR and BTC/USD appear to have formed an ascending wedge pattern on a linear scale, which typically breaks downward, signaling a bearish pattern. What's intriguing is that the asymmetry of this pattern for BTC/EUR is more intriguing than for BTC/USD. Over time, BTC/EUR has...
Here is my latest structure analysis for EURUSD. Horizontal Key Levels Resistance 1: 1.0620 - 1.0640 area Resistance 2: 1.0690 - 1.0740 area Support 1: 1.0495 - 1.0510 area Support 2: 1.0450 - 1.0467 area Vertical Key Levels Vertical Resistance 1: Falling trend line Consider these structures for pullback/breakout trading next week. ❤️Please, support my...
The data coming out of the US continues to support an additional hike this year, with all FED speakers continuing their hawkish stance to return inflation to the 2% target, so getting more likely there'll be a hike in November IMO. Seeing stagflation in the EUROZONE, also real bond yields are positive in the US which makes the USD mo5re attractive, this all makes...
The index couldn't reach a new high at the last rising leg, furthermore, the sellers' pressure was considerable in May. And recently, It has had a long correction after a tiny bullish leg. All these signs show us the probability of a major fall.
🏃 EURUSD is moving in the 🔴Resistance zone()🔴and near the Resistance line and 200_EMA (4-hour) and 🟣Monthly Pivot Point🟣 . 🌊According to the theory of Elliott waves , EURUSD has managed to complete a Zigzag correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Peaks . 🔔I expect EURUSD to move towards the 🎯...
Stay prepared for the next downward leg. EURUSD recently experienced a significant pullback to the resistance zone, and it's quite possible for this currency pair to undergo a notable decline, driven by the prevailing selling pressure.
Hello,Traders! EUR-USD is about to hit A supply level of 1.065 From where a bearish Pullback is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! EUR-USD is trading in a Downtrend and the pair Broke the key horizontal Level of 1.0509 which Reinforces our bearish Bias so I will be expecting A bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
TP5 @ 1.1200 TP4 @ 1.1120 TP3 @ 1.0985 TP2 @ 1.0895 TP1 @ 1.0766 BSO2 @ 1.0635 ⏳ BSO1 @ 1.0555 ⏳ — This is our 2nd attempt at catching the beginning of EURUSD returning to it's Big Picture uptrend. — Although there was no HIGH IMPACT News for the EUR or the USD, the "bears" continued to push Price Action so far down that it reached our Pivot Low, which was also...
✅EUR_USD has made a Rebound from the support of 1.05 Just as I predicted in my Previous analysis and I am Now locally bullish biased And I think that we will See a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅