After the EURUSD failed to break the 🔴heavy resistance zone($1.1185-1.110)🔴 and created a bull trap , it started to fall and started corrective waves . 🔔Currently, EURUSD is breaking the uptrend line, and I expect EURUSD to fall at least to the 🟡 Price Reversal Zone(PRZ) 🟡 and support line. Euro/U.S.Dollar Analyze ( EURUSD), 4-hour time frame ⏰. Do not...
price has been moving upward for several days now, and it's the last days of this week .. also by looking at DXY, it did test the support zone, and now it's moving upward (by the time I'm writing ) So USD pairs will go down somehow (Dollar gets strong) price needs to correct itself .. we have a pin bar also retest .. so now you can open the short position and...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
Past Performance Euro recovered on Friday, but this formation doesn't swing price action to favor buyers. For now, sellers have the upper hand since prices are oscillating inside the June 23 bear candlestick. Besides, trading volumes are light, casting doubts on the strength of the uptrend. #EURUSD Technical Analysis Buyers are confident. Whether this will...
The recent 300+ pips surge in PEPPERSTONE:EURUSD , devoid of pullbacks , raises the possibility of a downward movement in the pair next week. Several factors support this notion, highlighting a potential decline in the EUR/USD exchange rate. Overextended Bullish Momentum: The absence of retracements in the recent rally suggests a potential overextension of...
Past Performance From the daily chart, bears are in control, and Euro prices have crumbled below crucial support levels. With prices below $1.0900, the short-term trend is firmly bearish, and sellers can add their shorts, targeting $1.0800 in alignment with the June 23 bear bar. #EURUSD Technical Analysis The wide-ranging, high-volume bar of June 29...
After completing five impulsive waves, EURUSD has started to form corrective waves from the 🔴 resistance zone($1.1027-$1.098) 🔴. The structure of the corrective wave with respect to wave A is of Zigzag type(ABC/5-3-5) . Wave B ended near the resistance zone and Price 🟡 Reversal Zone(PRZ) 🟡. After breaking the support line, I expect wave C to continue to...
Past Performance Euro is bullish from the top-down preview. Presently, bulls are steady when writing, looking at the performance in the daily chart. Unless there is a total reversal of June 15 and 21 gains, the uptrend remains, and the immediate support line is at $1.900. The rejection of lower lows on June 27 invalidated the bearish outlook as price action...
Past Performance Euro is back in red, reading from the performance in the daily chart. Per this candlestick arrangement, traders can look for entries to short on every attempt higher. As it is, the immediate resistance is at June 21 low at around $1.0900. #EURUSD Technical Analysis The path of least resistance, at least in the short term, is southwards. As...
Past Performance The uptrend remains, but there are hints of weakness. Following the drop on June 22, the Euro could register even more losses today. Even so, buyers remain in charge if prices are above $1.0900 and June 21 lows. #EURUSD Technical Analysis After sharp gains in the first half of June, the Euro is bullish. For now, support is at $1.0900, while...
Past Performance Euro prices are steady when writing and trending inside the June 15 bull bar. Per the EURUSD candlestick arrangement in the daily chart, every attempt lower but above the $1.0850 support line may offer entries for aggressive traders angling for $1.1100. Any upswing above $1.0970 will trigger demand, pumping the Euro even higher. EURUSD...
Past Performance Based on the daily chart, euro prices are bullish, reading from last week's solid performance, but are now lower. Following the rapid expansion on June 14, the cool-off on June 15 means an element of overvaluation. Subsequently, Euro prices might contract but remain bullish if prices are inside the June 14 bullish engulfing bar. #EURUSD...
Past Performance The Euro march is evident, and buyers are in the driving seat, looking at price action in the daily chart. For now, traders can look for entries to load above $1.0800. On the reverse side, if bulls keep up the pace of the past week, the currency may rally to as high as $1.1100, peeling back recent losses in a buy trend continuation formation. ...
Past Performance The Euro bounce is clear, and the currency is now up 2.95% from June 2023 lows. As it is, every attempt lower but within the June 15 bar is an opportunity to load up, targeting $1.1100 or April 2023 highs. Any dump below $1.0770 will nullify this preview. #EURUSD Technical Analysis The June 15 bar is wide-ranging, with decent volumes pointing...
On the chart, we can see that the price is in the middle of the range, but is retesting the key support now. We expect that the price will breakdown to grab the liquidity and do the false breakout. After that we expect the price to come back up and move higher towards the horizontal resistance Target, stop loss and entry are shown on the chart
Eurodollar is seeing some stabilization in this price area. There is a support level around the 1.07 from last weeks price action. Consider buying the currency and selling in the 1.08 area. This week ECB and FED meetings are up. While ECB hike is certain, dollar hike has a 30% probability and it wont probably realize, so there is some euro upside not currently...
Free Weekly Signal Trade Price Action Multitime frame Analysis | Trend Line Analysis | H4 Trigger Trading | Head and Shoulders | Order Block Trend Line | Stop Hunting strategies | Channel Analysis| Fibonacci Analysis | Daily Forecast EURO / United States Dollar | Forex Trading and Earn money :) May 22-26, 2023