EURUSD is trading inside a Bullish Megaphone. Having formed the first Golden Cross (1h) since August 30th, we have a strong bullish case for the short term but at the same time two clear Resistance levels. Trading Plan: 1. Buy on the current market price. 2. If it pulls back after a Resistance (1) test, buy on the MA200 (1h). Targets: 1. 1.06175 (Resistance...
EURCHF is trading inside a Channel Down that priced the latest Lower High at 0.969650 (Resistance A). That is confirmed by the Sell Cross formation on October 5th, the highest formed since January 31st. Sell and target 0.94100 (Support A), even though we can decline a little more (-3.25% was the previous bearish leg). Previous chart: Follow us, like the...
EURJPY has been hanging around 157 - 157.5 range for some time, we saw a break below last week which quickly recovered, but we've broken back below now so I expect a stronger push back down to the low of last week (caused by JPY buying). With price action there was also a failure to make a new high, we saw a short pinbar on the 4HR before we broke back below my...
EUR/USD ON WAY EN:1.04698 TP:1.07369---SL:1.04410 IF you like this chart,please like and follow
EURUSD got rejection last Friday on the 4H MA100, which maintains the Lower Highs order inside the Channel Down pattern that has almost completed three months of trading. Naturally, the 1D timeframe is bearish technically (RSI = 40.242, MACD = -0.006, ADX = 32.170) and will remain so for as long as the Channel Down holds. The 4H MA100 provided the rejection on...
Euro Weakens Against US Dollar Amidst Global Market Sentiment Shift The Euro (EUR) is showing signs of vulnerability against the US Dollar (USD), causing the EUR/USD pair to retreat to the 1.0530 level following three consecutive sessions of gains. Meanwhile, the USD is regaining strength, revisiting the 106.30 region according to the USD Index (DXY), driven by...
In the first trading session of the week, the USD fell 0.13%, to 104.10 amid US employment data that boosted bets that the US Federal Reserve (Fed) may be about to end the cycle. period of interest rate increases. Meanwhile, risk sentiment improved thanks to hopes that China's stimulus policy could stabilize the economy. Accordingly, Beijing has planned further...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price started to decline inside the downward channel, where it fell until to 1.0500 support level, which coincided with the buyer zone, thereby breaking the 1.0615 resistance level. After this movement, the price rebounded from the support level and made an impulse...
Here is my latest structure analysis for EURUSD. Support 1: 1.0448 - 1.0468 area Resistance 1: 1.0574 - 1.0644 area Resistance 2: 1.0691 - 1.0738 area Resistance 3: 1.0755 - 1.0794 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
EURJPY is trading inside a Channel Up starting from the beggining of the year. The MA100 (1d) gave the necessary Support last week at the bottom of the Channel UP. Trading Plan: 1. Buy once the price closes over the Falling Resistance. Targets: 1. 166.700 (+8.00% rise as per the bullish leg prior). Tips: 1. The RSI (1d) hit Support (1) and rebounded. This...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 After price bounced of $1.0770 resistance level, which is located in resistance area, it rose to $1.0935 points and then started to fall in falling channel. Inside channel, price broke $1.0770 level and declined to support line, after which it continued to...
Hello Traders! On The Daily Time Frame The EURUSD Price Reached A Resistance Level (1.05745 - 1.06170) If the price breaks and closes above Resistance Level ! We Will See a Bullish Move📈 TARGET: 1.06880🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURJPY is trading inside a Channel Up for the past 7 months, consolidating currently around the 1day MA50. The Channel Down on the 1day RSI hints towards a possible price pull back, the same kind that took place in November-December and June-July 2022. Both corrections touched the 1day MA200. Sell and target 152.000 (projected contact with the 1day MA200). ...
✅EUR_JPY is going up now But a strong resistance level is ahead at 158.548 Thus I am expecting a pullback And a move down towards the target at 157.884 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EUR/USD Shows Strength as USD Weakens Ahead of US Nonfarm Payrolls The Euro (EUR) is demonstrating resilience against the US Dollar (USD), pushing EUR/USD to multi-day highs near 1.0550. Simultaneously, the USD is losing ground, revisiting 106.30 on the USD Index (DXY). This dynamic reflects improved sentiment in the risk-associated universe, despite only a...
Hello Traders! Today, The EURUSD Price Reached a Resistance Line and 61.8% Fibonacci retracement level. -The Price Failed to Break The Resistance Line and create a new higher high. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 1.03350🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hi my friends. This is my long setup for EURUSD Be careful, put your SL in a safe area
Hi folks today I'm prepared for you Euro analytics. A few days ago price declined to the 1.0940 resistance level, which coincided with the resistance zone and trend line, but at once rebounded up and some time traded near the resistance zone. Later Euro continued to fall, broke resistance 2, and fell firstly to the trend line, where it rolled up to resistance...