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!
Hi folks today I'm prepared for you Euro analytics. Some days ago price started to decline in a downward channel, where it first rebounded from the resistance line and fell to the resistance level, which coincided with the resistance zone. After this, the price bounced and tried to rise, but failed and after some time traded near the resistance zone and declined...
Euro is likely to touch the Range top. so I just look for buy positions because you can barely find sellers Yet. Every bottom is a buy opportunity foe me.
The Euro (EUR/USD) could fall towards a potential breakout level and fall lower towards our take-profit target. Entry: 1.08278 Why we like it: There is a potential breakout level (price is exhibiting a potential descending triangle pattern which is typically bearish) Stop Loss: 1.08459 Why we like it: There is a pullback resistance level Take Profit:...
The Euro (EUR/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.07969 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 1.07220 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take...
EUR/AUD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.66313 which is a swing-high resistance. Stop loss is at 1.66900 which is a level that sits above the swing-high resistance. Take profit is at 1.65224 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on...
Hello Traders ! On Thursday 22 Feb, The EURUSD Reached a Strong Resistance Level. Currently, We Have 2 Scenarios: Bullish Scenario📈 If The Price Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move... TARGET: 1.09720🎯 Bearish Scenario📉 If The Market Breaks The Higher Low (1.08028 - 1.08164) and Closes Below That We Will See a Bearish...
Well, as you can see the price grabbed the liquidity above the previous day's high and shifted the market structure. We can enter the sell position only with the LTF confirmation in the supply zone. If you have questions, feel free to ask. 💡Wait for the update! 🗓️28/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
As We Talked in The Previous Analysis: The EURUSD Reached a Strong Resistance Level. Currently, The Higher Low is Broken (ChoCh). The Support Line is Broken. So, I Predict a Bearish Move 📉 I'm Waiting For Retest... --------- TARGET: 1.07670🎯
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it first rebounded from the 1.0725 support level, which coincided with the buyer zone and made a strong upward impulse to the resistance line, thereby breaking the 1.0920 resistance level. After this, the...
This current bullish move looks to be running its course, resembling a bull flag. Will be waiting for a confirmation on LTF's to get in short, hopefully before the big news on Friday, which I expect to confirm interest rates staying as they are for longer, and a hawkish fed.
Big news from the RBNZ shortly, it is possible we'll get a hike, but either way I'm expecting NZD strength as a result. I'm seeing weaker Euro, and the pinbar shooting star today on the daily candle means price action is also in favour of a continued short trade here.