Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to $1.0865 level, which coincided with resistance area in falling channel. After this, EUR some time traded between this level and later broke it and fell below, but soon price tried to back up. Euro failed and declined to $1.0725...
EUR/JPY is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 161.910 Why we like it: There is an overlap support level Stop Loss: 161.405 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Take Profit: 163.440 Why we like it: There is a...
EURUSD has turned marginally bullish on the 1D timeframe (RSI = 55.444, MACD = -0.001, ADX = 39.548) but today made the second rejection on the 1D MA20 since February 22nd. Based on the 1D RSI uptrend that has started, the price action seems very much like the October 24th 2023 rejection, which pulled back near the 0.786 Fibonacci level. According to that, we...
On the Weekly chart, we witnessed a few months back how price soared into the Weekly reversal zone. Since its entry into that zone, the market turned bearish and we took on a bearish perspective for this pair. Since then, we have seen this pair continue to melt bearish. Price is expected to dip all the way down to our Weekly liquidity level at 1.04469, and beyond....
Euro is so likly to start a big rally soon. If you check monthly timeframe, it can break the range for at least 2 legs upward
The EURNOK pair is currently testing the 1D MA200 (orange trend-line), being at the same time supported by the 1D MA50 (blue trend-line). This ranged trade is the Higher High after the pair bottomed on December 27 2023 and started rising within a Channel Up. Based on the similar bottom rebound after the July 25 2023 Low, we expect the pair to reach the 0.5...
Hi Traders ! On Friday 1 Dec 23, The EURAUD Reached a Strong Support Level (1.62340 - 1.63280) The Price Formed a Symmetrical Triangle Pattern. Currently, The Resistance Line is Broken. So, I Predict a Bullish Move 📈 ---------- TARGET: 1.67610🎯
Hi folks today I'm prepared for you Euro analytics. A few days ago price traded between the resistance level, which coincided with the resistance zone, but when EUR reached the trend line, it rebounded down and broke the 1.0935 level. Also then, the price continued to decline and even later happened gap, after which the price in a short time rose to the trend line...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price a not long time ago declined from the resistance level, which coincided with the seller zone, but soon it turned around and rebounded higher than the 1.0890 level and even the seller zone. But then EUR started to decline and in a short time it fell below the...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price declined lower support level, which coincided with support area, thereby breaking it. Then Euro started to trades in wegde, where it made upward impulse from support line to resistance line. Thereby price breaking $1.0745 and $1.0830...
The EURUSD pair has been trading within a Channel Down pattern since the start of the year but since the February 22 rejection on the 1D MA50 (red trend-line), it has failed to start a new decline to a Lower Low and instead has stayed near the top (Lower Highs trend-line) of the Channel Up. What is adding more to the bullish case is the formation of a 4H Golden...
Traders, Let's analyze EUR/USD across various time frames: Weekly Chart: We identify three distinct zones, with the nearest around 1.09. Daily Chart: The closest upper chart rests at 1.08838, while the nearest lower one is at 1.07994. 1-Hour Chart: Our initial entry aligns with the daily pivot and a crucial Murray level. Additionally, we anticipate: A...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.08580 Why we like it: There is a pullback resistance level Stop Loss: 1.08884 Why we like it: There is a pullback resistance level Take Profit: 1.07988 Why we like it: There is a pullback support that sits...
Here is my latest structure analysis and important key levels to watch on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
EURUSD Is potentially setting up an ABCD move, PCE data came in and met expectations, with this being a major factor as to when the rate cuts begin, as the FED stated they needed more confidence, perhaps this is the start of a bullish move in the USD crosses, On Friday we saw massive momentum in the Indices and XAU, Maybe we see that move develop more next week.
Large Wyckoff reversal model. - Price is trying to break the trend line - Price is forming a triangle - The price made a false break of the lower boundary of the sidewall - 12-month timeframe shows fractal reversal with three bars if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a...
Hi Traders ! Previously, The EURCHF Formed a Symmetrical Triangle Pattern. Currently, The Price Broke The Resistance Level (0.95450 - 0.95267). This Key Level Becomes a New Support Level. So, I Expect a Bullish Move 📈 ------------ TARGET: 0.95950🎯
Hello,Traders! EUR-JPY is trading in an Uptrend and the pair made A bearish correction and will Soon hit a horizontal support Of 161.588 from where we Will be expecting a bullish rebound Because we are bullish biased on the pair Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!