We are seeing aggressive buying power as market structure is still maintaining to upside ==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone ==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a...
Nice head and shoulder formation in H4 timeframe, ==> price has retraced to retest the previous resistance as support, ==> Also price is respecting the 38.2% fib level so we could see a massive move to upside ==> nice risk to reward setup
With one single bearish candle, EURCHF successfully violated 2 important daily structures: a horizontal support and a rising trend line. The broken structures compose an expanding sell zone now. I will anticipate a bearish movement from that at least to 0.946 ❤️Please, support my work with like, thank you!❤️
As you may be aware, the euro has been facing considerable pressure against the US dollar, and there is a growing possibility that it may soon reach parity or even dip below it. Given the caution warranted in volatile markets, this idea aims to present a valuable opportunity for traders who are willing to navigate the risks involved. If you have been following...
The EURUSD pair is on the verge of a medium-term trend shift from bearish to bullish as: 1) Not only did it form the 1st MA50 (blue trend-line) / MA100 (green trend-line) Bullish Cross on the 4H time-frame since July 12 2) But also is about to complete the 3rd rising Bullish Cross on the 4H MACD. Those two can give shape to a Channel Up pattern that will target...
Hello,Traders! EUR-CHF has retested the Horizontal resistance of 0.9530 And we are already seeing a Bearish reaction so I will be Expecting a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days declined to the 1.0935 resistance level, which coincided with the seller zone and soon it rebounded and tried to rise, but failed and entered to downward channel. in the channel, the price first fell to the support line, thereby breaking the 1.0935...
EURAUD is trading within a horizontal range on an hourly time frame. The price has recently reached a support of the range. I anticipate a bullish movement from that to the resistance of the range. ❤️Please, support my work with like, thank you!❤️
In comparison to USDJPY, EURJPY looks bearish to me, After a test of a significant daily resistance, the price formed a head and shoulders pattern on that and broke its neckline. We see its retest now. Probabilities will be high that the market will drop. Goal - 156.7 ❤️Please, support my work with like, thank you!❤️
EURUSD could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 1.04963 Why we like it: There is a pullback support level that aligns with the 78.6% Fibonacci retracement level Stop Loss: 1.04481 Why we like it: There is a pullback support level Take Profit: 1.05678 Why we like it: There is...
EUR/USD Weekly Forecast: Bears Dominate Amid US Data and Middle East Tensions The EUR/USD pair experienced a tumultuous week as bears returned with vigor, leading to a decline to around 1.0510. The pair's efforts to recover from early October lows have been thwarted by recent developments favoring the US Dollar. Middle East Tensions and Safe-Haven USD The...
EUR/USD Displays Resilience Following a Downturn on Positive US Data EUR/USD is demonstrating resilience, rebounding from a recent decline. The exchange rate is currently trading around 1.0540 during the Asian trading session on Friday. Despite reaching weekly highs on Thursday, the EUR/USD pair faced a slight pullback, primarily due to favorable economic data...
Hello friends There is an imbalance on EURUSD chart after reacting to higher timeframe supply zone. Now im waiting to return to FVG area to enter short position.
The index couldn't reach a new high at the last rising leg, furthermore, the sellers' pressure was considerable in May. And recently, It has had a long correction after a tiny bullish leg. All these signs show us the probability of a major fall.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area, which coincided with support line and $1.0685 resistance level, and started to rise near support line. But later, Euro started to decline, broke support line, and entered to falling channel, where price fell firstly to...
Here is my latest structure analysis for EURUSD. Support 1: 1.0448 - 1.0468 area Resistance 1: 1.0618 - 1.0644 area Resistance 2: 1.0691 - 1.0738 area Resistance 3: 1.0755 - 1.0794 area I believe that probabilities will be high to see a bearish continuation to Support 1. Consider the underlined structures for pullback/breakout trading. ❤️Please, support...
Hi folks today I'm prepared for you Euro analytics. When the price reached the 1.0610 resistance level, it at once bounced and started to decline to the 1.0500 support level, which coincided with the support zone. After this, the price rebounded and made a strong upward impulse to the 1.0610 level, but when the Euro touched this level, the price at once bounced...
Very nice delivery in price lately. Wednesday reached into the Weekly Sibi and 4-day Sibi which coincided with a bearish Mitigation Block's wick. Thursday pushed up one more time to trap buyers, as well as touching the bottom of a NWOG. CPI on Thursday trapped and liquidated many buyers with it's immediate drop lower. Friday continued lower, leaving a Daily Sibi...