The EURUSD has exhibited a bearish trend over an extended period. As we approach high-impact calendar events today that hold the potential to sway the euro's performance, an uptick in market volatility is anticipated. I am actively identifying potential entry levels, and my attention is fixed on a critical resistance threshold. If today's events result in negative...
Greetings. This is my daily analysis. In the short term, I see a break in structure, and I think it is retesting the sell area. Also, we have a harmonic pattern, resistance zone and double top. Sell by market. SL: 10 pips. TP: 10, 20 pips. See you soon. JB.-
The dollar has been strengthening looking at the fundamentals, and honestly, I expect that to continue. So, what I'm i watching out for this week? Jackson Hole Symposium, where Jerome might hint into the future. On the technical, Everything aligns up. I don't expect the 1.09184 to break. Just below it we have a nice supply zone, we can look to capitalize on that...
Short(Mid Term : BULLISH EUR/USD looks to regain some fresh buying interest following CPI-led weakness in the US dollar on Wednesday. The movement of the euro's value is expected to closely mirror the behaviour of the US Dollar and will likely be impacted by any differences in approach between the Fed and the ECB with regard to their plans for adjusting...
I am looking at the 15 minutes supply at 1.10767 and if that fails, 1.11129 or 1.11279. All in all, I am quite bullish on the dollar but of course we have to wait on the FED Data tomorrow.
I use SMC Strategy to make this Setup OANDA:EURNZD TF: H4, D1 Entry (Sell limit) at 1.791-1.793 TP1: 1.758 TP2: 1.742 TP3: 1.726 SL : 1.798-1.80 (updating) My ideas trading are usually simple and straightforward I will update this Setup regularly ----- Let's comment/like if you agree or share more of your idea about my idea Thank you and Have a good trade!
Looking for Short Term Pullback. Lets wait for price to tap our sell zone.
Analysis: When we take a look at the technicals for EURUSD, price looks as if it's in an upwards trend as we're forming a series of higher highs and higher lows, indicating to us that we want to long however this isn't what we see and we actually see early signs of a reversal happening. To begin with we have this downwards trendline. Although it has only been...
Risk Reward is very good Risk to reward is almost 10 times good luck every one
Analysis: Looking at the chart and price action we can clearly see that price is in a downwards trend. We're forming lower lows and lower highs which confirms that we're in a downwards trend. Bearing this being in mind we're only looking for short setups. If we look at the previous lower low we have a strong area to enter from. Whys this? Well this area has held...
Looking to short with ltf confirmation. Look a solid setup high chances of playing out.
Good morning to the London Session! Enclosed is my plan for the next few hours. If we see the pullback to the start of London, I think the marked mark is a considered entry. SL can be placed above the liquidity zone above us. Target is the EMA800 15m TF. Idea is invalid should we visit EMA800 first without seeing a pullback first. Have a nice weekend!
Sticking to the basics of trading: The market stalled making a resistance zone for the buyers. Thus showing early selling pressure. The next area the market can possibly bounce from is at the 0.08500 mark. This mark would be a good area for buys continue the higher timeframe trend. For anyone going into the london session can use the 4H timeframe to see that...
This is its 1h chart. It can be clearly seen that it has gone through a downward trend channel in the early stage. It has recently stepped out of this channel and built a small bottom. It is currently testing the first resistance and whether it can convert the resistance to support. is the most important thing right now. To judge it, in addition to analyzing...
Analysis: As we can see from price action we're in a longer term downwards trend, as shown by the downwards trendline and in recent times we've also been trending to the downside so only shorts look good to us as we want to be going with the trend rather then fighting against it. At this area we've got a major level which has held as both support and resistance...
EURUSD stabilizing above 1.0826 will support rising to touch 1.0872 then 1.0901 then 1.0933 stabilizing under 1.0826 will support falling to touch 1.0797the 1.0743 the condition is closing 4h candle Pivot Price: 1.0826 Resistance prices: 1.0872 & 1.0901 & 1.0933 Support prices: 1.0797 & 1.0743 & 1.0662
-Bounce Rejection on support level signalling the continuation of the downtrend after profit taking -Entering next negotiation zone -Stop Above the bear candle -Take profit on the opposite zone 2.43 r/r
Analysis: Price was stuck in an area of consolidation for a while but we've seen that area be broken and price has made a substantial move to the downside indicating to us that we are only interested in shorting this pair. We're currently at an area of previous major support and we expect that this level will now hold as resistance and price will continue its...