After a test of a key daily resistance, EURAUD formed a huge double top pattern. The breakout of a neckline of the pattern is an important bearish confirmation. We can anticipate a bearish movement to 1.6543 / 1.6489 ❤️Please, support my work with like, thank you!❤️
D ear Esteemed TradingView Community, I trust this idea finds you well. In the intricate world of trading, where decisions are often rooted in data and analysis, I'd like to share my recent findings regarding the EURUSD market. Please note that this is not financial advice but rather a reflection of my analytical perspective. In October, my focus zeroed in on a...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in rising channel, where it first broke $1.0600 support level and fell below support area. Soon price backed up and even rose to resistance line of channel, breaking $1.0600 level again. But then Euro fell back, some time...
EURJPY underwent a correction at the onset of the Tokyo trading session following the release of Japan's National Core CPI data on November 24, 2023. Despite the data indicating a slight increase from the projected 2.8% to 2.9%, it's crucial to note that this led to only a minor correction in this currency pair. This correction aligns with market movements...
Hello,Traders! EUR-CAD is making a Bearish correction now But is trading in an uptrend In general so I am bullish Biased and I will be expecting A bullish rebound from the Horizontal support below at 1.485 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURGBP is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.86887 Why we like it: There is a pullback support level Stop Loss: 0.86604 Why we like it: There is a pullback support that lies underneath the 127.2% Fibonacci extension level Take Profit: 0.87251 Why we like it: There is a...
Hi folks today I'm prepared for you Euro analytics. Some days ago price rebounded from the support zone and fell to the trend line. Then it started to rise and soon rose to 1.0670 points, thereby breaking support 2, but later Euro broke the trend line and fell back below the support zone with the 1.0610 level. Later, the price finally rose higher than support 2...
EURJPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 161.575 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 160.440 Why we like it: There is an overlap support level Take Profit: 163.559 Why we like it: There is a...
EURUSD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.09518 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Stop Loss: 1.10647 Why we like it: There is a pullback resistance level Take Profit: 1.07592 Why we like...
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 range, where it first fell to the buyer zone, which coincided with the bottom part of this consolidation. Next, the Euro some time traded close to this zone and later bounced and made a strong upward impulse higher than...
If you missed our buy entry on the EURAUD pair (September 28, see chart below), don't be alarmed, the market is providing once last chance to enter: As we identified on that analysis, the most optimal buy entry was below the 1D MA100 (green trend-line), which is where all previous technical Higher Lows of the 1 year Channel Up were priced. That completed a...
EUR/USD Faces Retracement Amidst Economic Uncertainties The EUR/USD pair experienced a notable decline on Tuesday, retracing from its recent three-month high at 1.0965, marking the 61.8% Fibonacci level from the daily swing. The retracement has set a target of approximately 1.0830, with a potential extension down to 1.0780, aiming to fill the Value gap created...
After sweeping liquidity multiple times, price has broken structure to the downside. This structural break has indicted that supply is in control and in doing so has created an order block and imbalance in price due to the heavy momentum. Here i will look for piece to pull back to a premium price where I deem enterable. Let me know what you think. I hope this...
EURCHF looks like its T-ing up a long term trend reversal after a double bottom and downtrend line break on the daily candle chart. Trade idea = wait for next 2+ day pullback into 0.955-0.96 zone. Cut losses at 0.95 and get long again if/when Swing high gets taken out.
EURJPY started a correctional movement. Here are the important key levels to watch. Support 1: 160.43 - 160.85 area Support 2: 158.90 - 159.60 area Support 3: 157.72 - 158.14 area Support 4: 156.52 - 157.18 area Support 5: 154.39 - 154.90 area Resistance 1: 164.18 - 164.30 area Watch carefully these supports. From one of those, a bullish trend-following...
The EURUSD pair is about to hit the 1.10000 target that we placed on our trading call (see chart below) earlier this month (Nov 06), and it might be a good idea to secure the majority of longs with at least an SL above 1.0900: The target will complete a +5.48% rise from the bottom, which is the typical length of the standard rallies that the pair has given us...
As We Talked in The Previous Analysis: The EURCAD Price Broke A Strong Resistance Level (1.47362 - 1.48818). The Resistance Level Becomes a New Support Level. Currently, The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 1.50420🎯
Going into the end of the year, I believe this is a good trade. we are not at the 61.8 fib retracement and acting weak above the moving averages. First trade small and I will add even on the upside until I have a full position