Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to rise in an upward channel, where it first reached the support line and then rebounded up to the 1.0670 support level, which coincided with the buyer zone. Later Euro broke this level and reached the resistance line of the channel, but...
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 bounced from resistance level, which coincided with resistance area, and started to decline in falling channel. In channel, EUR fell to $1.0780 support level, which coincided with support area and even declined lower there to support...
As my analysis for EURUSD, The price stuck on the weekly support which highlighted based on the chart. The Weekly trend still in bullish position but still find out the direction either down or more higher for long term position. As the US want to keep their monetary policy, keep going fight the inflation, probably, USD will take an advantage to keep them...
Here is my latest structure analysis for EURUSD. Supply Zone 1: 1.0995 - 1.1066 area Supply Zone 2: 1.1129 - 1.1150 area Demand Zone 1: 1.0822 - 1.0847 area Demand Zone 2: 1.0723 - 1.0761 area Demand Zone 3: 1.0656 - 1.0668 area Demand Zone 4: 1.0496 - 1.0536 area Demand Zone 5: 1.0447 - 1.0467 area Consider these zones for pullback/breakout trading next...
Hello,Traders! EUR-USD is trading in a Strong uptrend but the Pair will soon hit a horizontal Resistance level of 1.1016 From where I will be expecting A local bearish correction Because the pair is overbought Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD got rejected on Resistance (1) forming a Double Top. With the medium term pattern being a Bullish Megaphone, this rejection technically aims at the bottom of the pattern. Trading Plan: 1. Sell on the current market price. Targets: 1. 1.0650 (Support 2 and bottom of Bullish Megaphone). Tips: 1. The MACD (4h) just formed a Bearish Cross, which is a...
Hi folks today I'm prepared for you Euro analytics. Some time ago price broke support 2 and fell to the trend line, where it rebounded and started to move up near this line. In a short time Euro rose back higher than support 2, which coincided with the support zone and later rose to 1.0700 points, after this price made correction below the trend line to support 2....
Hi Traders ! On The Daily Time Frame, The EURCHF Price Reached a Support Level (0.94357 - 0.94176) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So I Predict a Bullish Move📈. Let's Wait for Retest... ----------- TARGET: 0.95940🎯
EUR/USD Poised for Further Gains Despite Short-Term Technical Hurdles The EUR/USD pair experienced a remarkable surge on Wednesday, registering a gain of over 1% and reaching levels unseen since late November, surpassing the 1.1000 mark. While short-term technical indicators hint at a potential downward correction, a comprehensive analysis incorporating the main...
Overnight, the ECB remained cautious, stating that while the inflation path is lower than before, the ECB should not lower its guard. Keeping rates on hold at 4.50%, President Lagarde indicated that the ECB did not discuss rate cut scenarios. The EURUSD traded higher following the news, with price trading within the 1.10 resistance area. Technicals Price...
EURGBP hit today the 1D MA100 but so far has failed to cross over it. This is keeping the 1D technical outlook neutral (RSI = 45.430, MACD = -0.002, ADX = 43.111) which is usual after a rebound at the bottom of a Channel. On this particular occasion, it is a Channel Up, rebounding after the 1D RSI turned oversold. However since July 20th, the 1D MA100 got tested...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago started to trades in the range, where it first rebounded from the buyer zone, which coincided with the support level and rose to 1.0640 points. After this, the price made a little correction and then continued to move up, but soon EUR corrected...
EUR/USD Surges: Fed's Dovish Shift Sparks Bullish Momentum EUR/USD underwent a significant directional shift on Wednesday, experiencing a robust bullish momentum that propelled it above the 1.0900 mark for the first time since December 1st. The market focus has now turned to the upcoming European Central Bank (ECB) policy announcements, leading the pair into a...
The EURCHF pair stayed within the long-term Channel Down, got rejected on its top after our November 02 sell call (see chart below) and effectively hit our 0.941850 target: Despite having more downside to drop it below Support 2, we expect a medium-term rebound as the 1D MACD is very close to posting a Bullish Cross, which within this Channel Down has been a...
After a test of a confluence zone based on a daily horizontal resistance and 318 retracement of the major bearish impulse, EURJPY dropped and violated a support line of a rising wedge pattern on an hourly time frame. It is an important bearish confirmation. We may see a bearish movement to 156.2 / 155.5 soon. ❤️Please, support my work with like, thank you!❤️
EURCAD formed a tiny double top pattern on a solid horizontal resistance. Breakout of its neckline is a strong bearish confirmation. We can anticipate a bearish movement to 1.4645 now. ❤️Please, support my work with like, thank you!❤️
✅EUR_USD made a rebound From the horizontal support Of 1.074 from where we are Seeing a nice bullish rebound So I think that the pair Will go higher up now LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!