EURUSD is going downtrend this month to 1.05725 level. After testing this level we will take another look and get new signal. Follow To Get Next Signals
Australian Dollar getting stronger against the EURO. I believe that EURAUD may fall from the current price to the 50% level of Fibonacci. Trade at your own risk.
You can see all the important zones and scenario on the chart. If you have a question feel free to ask. Please pay attention we need LTF confirmation to execute the buy position. 💡Wait for the update! 🗓10/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
We've been considering DXY strength across setups on the AUDUSD, NZDUSD, GBPUSD. But what if the DXY does not strengthen, but instead, reverses lower? Moves to the downside on the EURUSD have been held twice at the 1.0660 price level, which coincides with the 38.2% fib retracement level from the longer term. If this support level continues to hold strong, this...
EURUSD is testing a peculiar confluence zone based on 382 fibonacci retracement of the last bullish impulse and a horizontal demand zone. The price formed a doji candle on that on a 4H and as a confirmation - a tiny double bottom on an hourly time frame. I expect a pullback now to 1.0700, 1.0717 ❤️Please, support my work with like, thank you!❤️
EURUSD is trading inside a Bullish Megaphone pattern. The price is on the corrective wave towards the patterns bottom (Rising Support), currently supported by the 4hour MA50. The minimum decline after a top has been -1.37%, which gives a first entry around the 1day MA50. The maximum has been -1.65%, which gives an entry on the 4hour MA200. Essentially we have a...
Euro is in a strong buy trend. It had its minor supports/ demand zones which it already had tested. Wait for the price to come to the designated demand zone. Place your Stop losses accordingly. Happy Trading
EURUSD is rising towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 1.07659 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 1.09431 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement...
EURUSD is trading inside a Channel Up for a little more than a month and currently is on a rejection pull back on its top. Technically the pull back legs inside this pattern have been at least -1.35%. Such a pull back will test the MA50 (1d) as Support for the first time since August 11th. Trading Plan: 1. Buy on the MA50 (1d). 2. Sell if a (1d) candle closes...
EURHUF is bearish on the 1D timeframe (RSI = 35.270, MACD = -1.570, ADX = 36.402) after being rejected on a Double Top on the R1 level (394.675). The downtrend crossed under both the 1D MA50 and 1D MA200 and is approaching the S1-S1 Zone, above the HL trendline. This is a major buy zone as the 1D RSI also touched the bottom of its Channel Down. We expect a bullish...
As you can see, the market structure is bearish and we looking for a sell. There is a bearish order block with liquidity that makes it even stronger. Attention please: We need LTF confirmation for entry. 💡Wait for the update! 🗓08/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
The EURCAD pair has been rising since the September 28 bottom on the bullish leg of the 9-month Channel Down, turning both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line) into Supports. The uptrend hit the Internal Lower Highs trend-line last week, got rejected but was supported on the 1D MA200 and is testing it yet again today. As the 1D RSI...
EURUSD hit all of our targets (charts at the bottom), made a HH at the top of the Channel Up but even though it crossed above the R1 level (1.07375) it failed to close over it and got rejected. The trend remains bullish on the medium term, as the 1D technical outlook suggests (RSI = 58.604, MACD = 0.001, ADX = 24.656) but we do expect a technical pullback to test...
EURUSD is still in its downtrend channel on the weekly and monthly timeframes. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a triple top at smaller scale was formed and retested, which all possibly confirms its downtrend continuation with a break of area...
From our previous analysis of this pair, we have been able to keep track of a lot of the market and price movements. Analyzing the markets from a 1-hour perspective over the past few days, we have witnessed a lot of back and forths, though in all of those, the market found ways to take us to our targets at each of those instances before catapulting in several...
The EURUSD pair hit of the both targets (see chart below) we set on our recent idea (October 30): The price broke and closed above the 1D MA50 (blue trend-line) for the first time since August 10, which is a major medium-term bullish break-out signal. The 1D MA200 (orange trend-line) is right above but technically after breaking Resistance 1 (1.07375), it...
Hello traders! Enter: 1.07550 Stop loss: 1.07800 Target: 1.05400 Be careful with the positions! War is unpredictable! Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Here is my latest structure analysis for EURUSD. Resistance 1: 1.0736 - 1.0775 area Resistance 2: 1.0920 - 1.0946 area Support 1: 1.0668 - 1.0695 area Support 2: 1.0495 - 1.0536 area Support 3: 1.0447 - 1.0468 area Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️