The EURUSD pair is declining on a rapid pace and this is a good time to update our sell perspective that we shared with you 3 weeks ago (see chart below): This time we transition onto the 1W time-frame in order to gain a more efficient long-term understanding of the trend. The biggest development has been the completion of a 1W MACD Bearish Cross on last...
As We Talked in The Previous Analysis : The EURUSD Price Broke The Daily Support Level (1.08948 - 1.08770). This Key Level Becomes a New Resistance Level. Currently, The Price Pull Back to Important Structure and Now it Will Continue its Bearish Movement TARGET: 1.07670🎯
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago rose to the resistance line, which is located in the seller zone, which coincided with the resistance level and at once started to decline to the support line. After the price declined to this line, it broke the 1.0780 level, but soon Euro...
Here is my latest structure analysis for EURUSD. Horizontal Structures Support 1: 1.0724 - 1.0760 area Support 2: 1.0655 - 1.0670 area Resistance 1: 1.0895 - 1.0930 area Resistance 2: 1.0973 - 1.1000 area Resistance 3: 1.1106 - 1.1140 area Vertical Structures Vertical Support 1: Falling trend line Consider these structures for pullback/breakout trading...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it rose to $1.1010 resistance level, which coincided with resistance area. But then, Euro made downward impulse to support area, exiting from channel and starting to trades in wedge. In wedge, price made fake breakout of...
My favorite setups are entries on breaker that has an FVG present, and overlapping timeframe FVGs
As we monitor the EURUSD pair, it's crucial to recognize that we are presently within a downtrend channel since the start of the month. The price is currently forming lower lows and lower highs. Looking ahead to the second week of February, if we observe a rejection around the 1.07500 level, there is a possibility of a structural change that could lead to an...
Hi Traders ! On Tuesday 30 Jan, The EURNZD Price Reached a 0.618 Fibonacci Retracement Level. The Resistance Line is Broken. So, I Predict a Bullish Move. TARGET: 1.78700🎯
Hi Traders ! On The Daily Time Frame,The EURUSD Price Broke The Support Level (1.08948 - 1.08770). This Key Level Becomes a New Resistance Level. So, I Predict a Bearish Move📉. TARGET: 1.07670🎯
In a turn of events, the EUR/USD pair rebounded during the latter half of Thursday's European session, recuperating from its earlier dip to 1.0780, the lowest level since December 13. Closing on a positive note, the pair currently maintains its position above the 1.0880 area as the near-term outlook suggests a bullish trend. The intriguing dynamics in play are...
Hello,Traders! EUR-USD broke out of The narrowing wedge pattern So we are now locally Bullish biased and we Will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Well as you can see, the market structure is bullish now and the price had a deep retracement move to the extreme bullish order block. In addition, we can see the price created the liquidity above the order block that makes the demand zone more valuable. As a bullish target, we can define the liquidity above the equal highs as a first target and also we can...
EURAUD formed a continuous pattern showing that the pair will be bullish for the time, in respect to this I expect a retrace to the 50 Exponential moving average and then buy towards the next four hours high as the take profit zone.
EUR/NZD could fall towards a pullback support and potentially break through this level to drop lower. Sell entry is at 1.76656 which is a potential breakout level. Stop loss is at 1.77160 which is a level that sits above a pullback resistance. Take profit is at 1.75985 which is a swing-low support that aligns close to the 61.8% Fibonacci projection level. ...
EUR/USD: Analyzing the Impact of FOMC Decision and Powell's Remarks The EUR/USD experienced a notable reversal following the Federal Open Market Committee (FOMC) release, as Chairman Jerome Powell's remarks influenced market sentiment. This article delves into the aftermath of the FOMC decision, the Eurozone's recent inflation data, and the upcoming economic...
Due to the apparent formation of a Bullish Cypher on the Daily, combined with the Bullish Push as confirmation on the RSI, and the strong push push in price action above the 200-day SMA, I will be raising my profit target for the EURUSD to the 100% retrace up at $1.114 as the 100% retrace would be the standard target for a Cypher and the TLT has outperformed which...
Hi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from resistance 2, which coincided with the resistance zone, and rose until to 1.1135 points, after which the EUR turned around and started to decline. Soon, the price started to decline inside the downward channel, where it in a short time broke resistance 2 and declined to support...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined from resistance line to support line and then started to move up to $1.1015 level. In a short time, EUR rose to $1.1015 resistance level, which coincided with resistance area and soon broke it. After this, price rose to resistance...