Pair Name : EUR/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last night’s analysis, has rallied once again, soaring to $2319! However, it wasn’t long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...
By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...
Hello traders ,what do you think about EURUSD? This currency pair has reached the ceiling of the channel and a resistance zone. It is expected that after a correction to the specified zone, it will grow at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️
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Ahead of CPI I am looking to short EURUSD, my targets are below 1.07000 stops above 1.086 area. Use proper risk management. The box shapes drawn on my chart are from GOLD BACH. If you want to learn about it let me know. Cheers
FX:EURUSD is heading towards trend resistance with interest. This is also supported by the weak dollar, which is standing still. But, the currency pair is still in a bearish trend Buyers are trying to strengthen the euro. On D1 a consolidation format of movement is formed. In this case, the pair may test the trend resistance, but it will be difficult to break...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08350 zone, EURUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.08350 support and resistance area. Fundamentally the CPI of today was quiet priced, nothing...
Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”. Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843. Manage your capital correctly and competently!...
EURUSD is overbought on its 1D technical outlook (RSI = 71.115, MACD = 0.002, ADX = 33.336) with the price approaching the top/ LH trendline of the long term Channel Down. It is already past the 0.618 Fibonacci level, where the last LH got rejected but the 1D RSI is right where the tops of December 27th 2023 and March 7th 2024 where formed. This is a solid low...
Preferred direction: BUY Comment: The British currency is also expected to boost amid the publication of US CPI data . This is the most likely scenario and is indicated on the chart as scenario №1 . Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396...
Hello,Traders! EUR-USD is going up now And the pair made a bullish Breakout so we are bullish Bias and we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
A simple range break, retest continuation model taking shape on EU. Anticipating a continuation towards the close of the H4 IMB. Potential RR 1:3
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling channel in red. At present, EURUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone in green. 🏹 Thus, the highlighted red...
In Wednesday’s New York session, the EUR/USD pair surged to a monthly high, nearing 1.0870. This rise in the major currency pair was fueled by developments such as the United States Consumer Price Index (CPI) easing in line with estimates, and the monthly Retail Sales figures remaining stagnant for April. The anticipated decrease in price pressures within the US...
I try to find inactive contract areas on chart. Here is my first published idea. It seems I can buy from 1.08240 to 1.08640. After that, I guess a goos sell will be possible from 1.08640 to 1.07700
Yesterday's US fundamental data made EURUSD very bullish and the pair managed to violate a significant structure resistance. Retesting the broken structure, the price broke a resistance line of a bullish flag pattern on an hourly time frame, indicating a highly probable bullish continuation to day. Next resistance - 1.0835 ❤️Please, support my work with...
15th May - CPI news release DXY: Likely to consolidate at support area 105 Higher CPI >3.7, DXY trade higher, to 105.50 (confirmation at 105.20) Lower CPI <3.2, DXY trade down to 104.55 NZDUSD: Sell 0.6070 SL 20 TP 40 (DXY strength) AUDUSD: Buy 0.6666 SL 20 TP 60 (DXY strength) USDJPY: Look for reaction at 155.50 Buy 155.85 SL 30 TP 110 Sell 155.30 SL 40...