EURUSD was rejected from the 1.10 range and further price correction can be expected, I am currently waiting for a return to the desired level. If you see a suitable setup in the time frame of 1 hour, you can enter the short position. This Analysis will be updated ... Sadegh Ahmadi: @SDQ_Crypto 15. Mar .23 (DYOR) ❤️ If you apperciate my work , Please LIKE and ...
Hey Traders, HTF Reversal Pattern. Bearish is more probable.
The EURUSD broke through the 1.080 resistance level quickly, but was just as quickly rejected and closed below the level, returning to the channel it was previously moving in. I expect the price to retest the resistance at 1.080 before falling to the strong monthly support level at 1.067, where it coincides with the 61.8 Fibonacci and the 100 and 200 moving...
We're still anticipating one more low for the Euro against the Dollar. As you can see the move down in the last few weeks has been 5 minute waves down to make a minor wave 1. We moved quite sharply up last week in what looks to be a blowoff top to finish the minor wave 2 and we anticipate a very sharp move down over the coming weeks to complete a minor wave 3...
Technical Analysis and Outlook: The currency has completed our Inner Currency Rally 1.092 as well, posting new Mean Res 1.085 with a possibility of the retest of the letter. The main down path target is Mean Sup 1.074 - Resumption to Inner Currency Dip of 1.046 is in progress.
we had a bullish choch in the daily timeframe, so if i want to take a risk and if i want to open a short position (with a low probability of activation), I will do so from the two specified areas and i avoid getting short on gaps, because the trend is bullish (in the bigger timeframe(daily)) GoodLuck everyone.
The Euro/U.S.Dollar managed to form an Expanding triangle pattern, and it broke the upper line of the pattern and the 🔴resistance zone($1.088-$1.078)🔴 invalidly. I expect the Euro to drop down to the 🟢support zone($1.05-$1.046)🟢. 🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you...
According to ING economists, the EUR/USD pair has retreated after surpassing the 1.0900 mark. Nevertheless, they anticipate that the pair will reach the level of 1.1000 in the near future. Today, market focus will be on the PMI readings in the Eurozone. ING predicts that the survey will stabilize around the figures from February. Unless there are any major...
Bearish on EU, I want a stronger low to be put in before I am convinced of sustained bullish price. Here are the levels I find interesting at the moment. This is in line with my bullish DXY outlook.
On Thursday, EUR/USD remained strongly bullish and showed no signs of slowing down. The pair managed to hit fresh 7-week highs, testing the 1.0930 level. This consistent upward trend can be attributed to the persistent selling pressure on the US dollar, which resulted in the USD Index (DXY) hitting multi-week lows, falling below the 102.00 level earlier in the...
Following up on my previous post below and zooming in thru the daily timeframe: EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision. A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as...
Hello traders, I want share with you my opinion about Euro. Looking at the graph, we can see how the Euro formed resistance area 1.0790-1.0805 from which the bounce back and begin to decline. The price dropped and created a support zone 1.0535-1.0515, from which it began to move up and created an upward channel. We also see how earlier the price made the downward...
Euro usd will go for a retest on near terms. so I am short on eurusd
EURUSD is possibly forming an uptrend correction phase with possible target to the upper down channel on the weekly timeframe to area 1.18-1.20. Currently EURUSD is below the resistance area at level 1.08 and a break will confirm its next leg up movement.
Euro /U.S.Dollar was able to make a rising wedge pattern near the resistance zone. Because of the previous bearish Sharpie move that is evident on the chart, I expect at least Euro /U.S.Dollar fall to the support zone. 🔅Euro/U.S.Dollar Analyze ( EURUSD ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to...
• Technical picture in favor of the bears • 2 bearish patterns on daily chart • First pattern is the broadening pattern highlighted in yellow • Second pattern is head and shoulders highlighted in green • 1.0500 support is very critical at the moment ( neckline of head and shoulders and previous pivot low ) • Yesterday's drop penetrated the 20 MA which is now...
EUR/USD Despite that current price is above the multi-month uptrend line (September 2022 low - January 2023 high), current price remains vulnerable to the key support at 1.0525, the fact that price did pierce below the 1.0525 level yesterday does raise the risk that there could be another attempt for price to test the 1.0525 support. A clean break below the key...
EURUSD💥1H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥EURUSD I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍