Hello,Traders! EUR-GBP broke out of The parallel range in which The pair was accumulating For the next move so now we Are locally bullish biased And I think that we will see A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price broke $1.0720 support level, which coincided with support area, it declined below and some time traded there. After this, Euro made upward impulse higher than $1.0720 level, breaking it again and then price started to grow in rising channel. In...
The double top broke down the uptrend line and now the pair is testing the broken support zone. It has heavy resistance above, the trendline and broken neck of the double top. Give it a wide SL, it may try to test both, I'll add at every attempt to break up. I don't think is coming back before touching the support blue line.
The EURJPY pair has been trading within a Channel Up pattern since the March 07 2022 Low and only last Thursday hit the 1D MA200 (orange trend-line) and is rebounding. At the same time the 1D RSI got oversold (below the 30.00) and is also rebounding. The last 1D MA200 rebound that turned into a Higher High for the Channel was on August 02 and peaked on the 1.382...
EUR/USD: Awaited FOMC Decision Sparks Mild Negative Bias EUR/USD is currently trading with a slight negative bias on Wednesday, influenced by a modest uptick in USD strength. The currency pair's downside, however, is cushioned as market participants eagerly await the crucial Federal Open Market Committee (FOMC) policy decision. The focus will subsequently shift...
✅EUR_AUD has made a bullish Rebound just as I predicted In my previous analysis but Has not reached a falling resistance From where I will be expecting A bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅EUR_AUD is going down now But a strong support level is ahead at 1.625 Thus I am expecting a rebound And a move up towards the target at 1.640 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURUSD is close to forming a Death Cross on the 4hour time frame. The pair is trading inside a Rising Megaphone pattern which is inside a larger Channel Down. Both patterns have downside gaps to fill. The price action is almost like all previous bearish legs in 2023 at the time of a 4hour Death Cross. Today's small spike is a solid sell entry. Target 1.06500...
Euro on the Move: US CPI Figures and the Federal Reserve's Shadow In the dynamic landscape of the foreign exchange market, the Euro has adopted a moderately positive tone during the European morning trade, surging towards intra-day highs near 1.0810. This surge comes as the US Dollar experiences a loss of footing, setting the stage for a crucial market juncture...
Hello Traders ! Yesterday, The EURCAD Price Reached a 0.5 Fibonacci Retracement Level. Currently, The Price Formed a Falling Wedge Pattern. So Let's Expect The Bullish Scenario: If The Market Breaks The Resistance Line and Closes Above That, We Will See a huge Bullish Move... TARGET: 1.49050🎯
Hello traders! It is clearly seen that the couple has broken the line. In my opinion, the price will go to test the level of 1.0800 and then a decrease to the level of 1.0755, where this level will bring a confirmation for an increase with a target of 1.0965. Be careful, as Wednesday is the FOMC. Be patient and wait for the break to enter the trade. Be...
EURUSD is neutral on the 1D timeframe (RSI = 45.323, MACD = 0.002, ADX = 35.660), trapped inside the 1D MA200 and 1D MA50. We have grasped the bearish momentum ever since before the November 29th High, which as you see in the past ideas at the end, gave us the best short entry possible. Now with the Fibonacci retracement levels of the eleven month Channel Down...
The EURGBP pair is on the 6th day of consolidation following the late November sell-off, trading considerably below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The long-term pattern that has been more established since the February 03 High is a Channel Down and it appears that this is a usual technical consolidation phase before the...
EURCAD reached an important confluence zone on Friday. The underlined blue area based on 618/50 retracements of the last 2 bullish impulses and a horizontal key support. As a bullish confirmation, the price broke a resistance line of a falling wedge pattern on an hourly time frame. We can expect a pullback now. Goals: 1.466 / 1.469 ❤️Please, support my...
Here is my latest structure analysis & important key levels to watch on EURUSD. Resistance 1: 1.0824 - 1.0848 area Resistance 2: 1.1016 - 1.1065 area Resistance 3: 1.1130 - 1.1150 area Support 1: 1.0729 - 1.0761 area Support 2: 1.0656 - 1.0670 area Support 3: 1.0495 - 1.0536 area Support 4: 1.0447 - 1.0468 area Consider these structures for pullback/breakout...
Hi folks today I'm prepared for you Euro analytics. After the price declined below the 1.0550 support level, which coincided with the support zone, it in a short time rebounded back and a some time traded close. Then the price fell to the trend line, which is located in the support zone, and made a strong impulse up until to 1.0755 points, after which the Euro...
Hello,Traders! EUR-CAD is going down now But will hit a horizontal Support level soon so I will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_GBP is trading in a Downtrend and the pair is now Accumulating in a bearish range Pattern so IF we see a bearish Breakout then we are likely To see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅