HELLO GUYS THIS MY IDEA 💡ABOUT EURUSD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason...
$EUR - Now we wait... EUR we are within the ranges of Highs: 1.05190 Lows: 1.04375. We either re visits the higher high or we go to lower low areas of where are are. For now, we wait we are in a choppy condition its break to either levels. With US PPI tomorrow and then feds next week, I don't expect much movement compared to yesterday I will be on side-line...
In this update we review the recent price action in the Eurusd and identify the next high probability trading opportunity and price objectives to target
EURUSD resistance zone weekly time frame down trend
Potential outcomes for this pair. I'm looking for the sell, these are the price reactions I'm looking for in order to enter the sell (red) or buy (green).
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, here's a Forex update on the popular trading pair EURUSD. It's the last month of the year 2022;...
• Euro is trading in a bullish trend • Further signs of trend reversal are showing up everyday • First, the pair is trading above the 200 SMA for the second consecutive day • Bulls managed to break and trade above the descending trend line since March 2022 • Price confined inside an ascending triangle, a bullish formation • A break above the triangle targets 1.08...
I outlined in my previous post that we would see a minor bullish pump up to the BSL to clear late shorts and I jumped on the ride. It's safe to say we've successfully accomplished that objective. Again, I don't expect price to go above Monday's high, so I'm keeping my eyes peeled for the real short. Stay safe.
Since Monday's price action ran into an old weekly high. On the daily, we closed bearish and Tuesday's price action closed bearish as well. I'm expecting a minor bullish move to clear late shorts after which we will dump way lower into the 1.02 levels. I do not expect the bullish move to run up to Monday's high. It's a minor move, just aiming to clear late shorts.
• Rejection at the 200 MA • Double top pattern on daily chart with neckline around 1.02 • Bears are in control, aim the ascending channel and a break of the neckline • Resistance at 1.0480 • If neckline is broken successfully, market will test parity level again and lower
Euro is pullback to broken strong support at 1.0500 and firm a bearish flag. It seems bearish again. On my view EURO will fall to 0.9000 in near future. Trade safe. Good luck.
• Trading above ascending trend line • Symmetrical triangle on hourly chart, a continuation pattern • A symmetrical triangle forms after a strong move, indicating a pause before the continuation of that prior trend • Next target for bulls is 1.0480 • Bullish bias intact as long as the Euro is trading above the black ascending trend line
• Upward channels on daily chart • First channel was broken, upper trend line was re-tested and is acting now as a support • Pair now targets the upper resistance line of the second channel at around 1.05 • First resistance at 1.0480 • Second resistance at 1.0790 • Bullish stance as long as support at 1.0350 is held
It's not a trade signal, it's my own idea. Following the absence of important news, the euro dollar pair will follow its downward trend.
Ticker: EURUSD Trade Type: 4H Continuation Play Technicals Analysis The technical have set-up nicely. The trade is good to take at close of the previous candle. We're seeing a break of William %R above -80 for a continuation and the other indicators showing initial momentum for a further continuation. Price & Target Entry: 1.02673 Target Price: 1.03563...
EUR/USD resistance is 1.0306 and 1.0337. Support is 1.0244 and 1.0217.
Technical Analysis and Outlook: Following the strong Eurodollar rebound the previous week, the currency completed our designated target of the Inner Currency Rally 1.038 this week, as specified on the EUR/USD Daily Chart Analysis For November 11 chart. Since completing the target, the Eurodollar is in retreat mode to Mean Sup 1.0285, potentially followed to a...
FX:EURUSD i will be looking to buy for short term (scalping Model)