The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.09848 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.10378 Why we like it: There is an overlap resistance that aligns with the 61.8%...
Hello Traders ! On 4H Time Frame, The EURUSD Price Formed an Ascending Triangle Pattern. So, Let's Expect The Bullish Scenario: if The Market Breaks and Closes Above The Resistance Level ! We Will See a Bullish Move📈. ---------- TARGET: 1.11020🎯
Here is my latest structure analysis for EURUSD. Support 1: 1.0876 - 1.0895 area Support 2: 1.0723 - 1.0760 area Resistance 1: 1.0974 - 1.1000 area Resistance 2: 1.1106 - 1.1140 area Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago rebounded from the 1.0900 support level, which is located in the support zone, and made a strong impulse up to the trend line, thereby breaking the 1.1030 resistance level. But soon, the price rebounded from the trend line and in a short time...
EUR/USD: Navigating Market Volatility Post-US CPI Release After experiencing a notable Pump and Dump scenario on Thursday following the US Consumer Price Index (CPI) release, the EUR/USD has managed to reposition itself for growth. The US Dollar (USD) faces challenges in finding demand, and as of the current moment, the price is trading at 1.09585. Market...
EUR/GBP could rise towards a pullback resistance and potentially reverse off this level to drop lower towards our take profit target. Entry: 0.86123 Why we like it: There is a pullback resistance level Stop Loss: 0.86395 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci retracement level Take Profit: 0.85778 Why we like...
EUR/GBP is falling towards a pullback support and could potentially break under this level to drop lower. Sell entry is at 0.85893 which is a potential breakout level. Stop loss is at 0.86350 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85628 which is a pullback support. High Risk...
EUR/JPY is rising towards a pullback resistance and could potentially break off this level to climb higher. Buy entry is at 160.004 which is a potential breakout level. Stop loss is at 158.830 which is a level that sits under an overlap support. Take profit is at 161.538 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. ...
✅EUR_USD is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 1.1021 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level, which coincided with the buyer zone, and in a short time rose to the resistance level. Then the price started to decline in a downward channel, where the EUR declined to 1.0725 points, thereby breaking the 1.0875 level. After...
EUR/USD: Riding the Bullish Wave Amidst Market Shuffles The EUR/USD pair continues its bullish trajectory, reinforcing the outlook from our previous analysis. After a brief consolidation in a range area with a minor setback, the market has opened with a fresh bullish impulse for the EUR. This surge aligns harmoniously with the retest of the 200 Moving Average...
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 159.950 Why we like it: There is a pullback resistance that aligns close to the 161.8% Fibonacci extension level Stop Loss: 160.595 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci...
The pair bounced off nicely from the support area, and now is heading to test the 1.5 resistance again. I don't think is going to break it this time but looks like is going to try. Also has formed a rounding bottom in the daily timeframe.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price started to grow in a rising channel, where it broke the resistance level, which coincided with resistance area. But when EUR rose to resistance line of channel, it bounced and started to decline to $1.1010 level, exiting from channel. Also, price...
EUR/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.46900 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 1.47320 which is a level that sits above a swing-high resistance. Take profit is at 1.46145 which is a pullback support...
EURCAD firm a saucer pattern after correction to 1.4500 zone and has chance to goes high again. Good context, nice risk reward and absolutely high probability. Trade safe. Good luck.
Lowest Ever Eurozone Unemployment Rate👀 (since records began in c. Jan 1995).
EUR/USD: Navigating Challenges and Anticipating Bullish Momentum in 2024 EUR/USD encountered a week of fluctuating fortunes, managing to recover from daily losses after briefly slipping below the critical support level of 1.0875 on Friday. Despite closing the first week of 2024 in negative territory, the pair's near-term technical outlook presents an intriguing...