EUR/USD traded within a narrow range near the critical support level of 1.0700 during Monday's early European session. Investors are concerned that France's economy may face a financial crisis if the far-right party forms a new government. EUR/USD fluctuated around the 1.0700 level after returning to a Symmetrical Triangle pattern on the daily timeframe. The...
This week, the key level is 1.07750 After last Friday's drop to the 1.06700 zone, we are in a good point to enter the market with buy orders targeting the key level of the week. I don't expect big movements, since there is no news with high volatility today. Guys, what do you think? Leave a comment with your thoughts.
As of this afternoon, EUR/USD is trading around 1.0850, experiencing a slight downward pressure from the previous sessions. This movement is influenced by a combination of economic data and monetary policy factors. Recent robust economic data from the U.S., particularly the strong retail sales figures and industrial production reports, have bolstered the USD....
👉📈 In the video, we look at a EURUSD trade opportunity, but more importantly, we delve into essential features and tools available on TradingView, which can considerably enhance your trading edge. Here’s what we cover: ✅ 1: Multi-Chart Layout: - TradingView’s workspace allows you to view multiple charts simultaneously. This feature is particularly useful...
Hello,Traders! EUR-USD fell further down But a horizontal support Of 1.066 was hit and the Pair is already making A rebound so I will be Expecting the pair To go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD has been in a long-term downtrend since the financial crisis of 2008. On the chart, we can see that EURUSD started its downtrend at the top of the major rising wedge chart pattern. The rising wedge pattern broke bearish in 2015, and the price retested it in 2018. Since then, the price has been going down and has broken another trendline (2000 - 2022), which...
Here is my latest structure analysis and important support and resistance levels to focus on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Take a look at our analysis for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.070. Considering the today's price action, probabilities will be high to see a movement to 1.077. P.S Overbought describes a period of time where there has been a...
Dear traders! Overall, after Wednesday's surge, EUR/USD retreated and recorded large losses on Thursday. The pair came under pressure on Friday and traded at its lowest since early May, slightly below 1.0700. At the time of writing, the price is stable at 1.0702. The overall outlook from the market remains bearish as the pair continues to trade in a tightening...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago started to grow inside the upward channel, where it soon reached resistance 2, which coincided with the resistance zone and broke it. Next, EUR some time traded between this level, after which made a strong impulse down from the trend line to...
EURUSD is moving in the Support zone($1.070-$1.062) and near the Support line . Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . According to the theory of Elliott waves , EURUSD seems to have completed its 5 downward waves and we should expect upward corrective waves . I expect EURUSD to trend higher in the coming...
EUR/USD is rising towards a resistance level which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.07268 Why we like it: There is a pullback resistance level that is slightly below the 38.2% Fibonacci retracement. Stop loss: 1.07750 Why we like it: There is a pullback...
FX:EURUSD is in a bearish channel. The price is below the resistance at 1.0725, there is a possibility of retesting the liquidity area before further decline. The fundamental background is weak and the actual target is 1.0606 Globally, the market is neutral-bearish. The lower boundary of the symmetrical triangle on D1 is the actual target (testing the...
EURUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURUSD Entry Level - 1.0703 Sl - 1.0653 Tp - 1.0790 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
On Friday, EURUSD broke the previous bottom and reached 1.0666. There is no major USD news this week and US banks will remain closed on Wednesday. No major moves are expected in EURUSD, with a further decline more likely. Look for entries after reaction. The first target will be a test of Friday's bottom.
EUR/USD Technical Analysis Trend Analysis: - The daily chart shows a clear downtrend, with stability in the bearish volume, indicating persistent bearish momentum. - Recent price action has been moving downward, suggesting continued selling pressure. Current Outlook: The price will continue to trade in a bearish trend as long as it remains below 1.0707 and...
#GBPCHF UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPCHF. GBPCHF has breaked the main rising wedge pattern. Volume decreasing gradually. We can see a good drop in price in next few days. We can see drop upto 200Pips+ soon. Keep in touch we will update further soon.
#FTTUSDT (Update) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about FTT. FTT going to break main falling wedge pattern. After breakout we can see gain upto 70%+ soon ✍