My dear friends , My technical analysis for EUR/USD is below: The instrument tests an important psychological level 1.10171 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.11014 Recommended Stop Loss - 1.09691 About Used...
The EUR/USD pair experienced consolidation last week despite maintaining its bullish momentum. The 1.10422 supply/resistance level held strong, leaving traders wondering how long this resistance will persist. The uptrend remains intact on daily, 4-hour, and 1-hour timeframes, with price rejecting from the 20-day EMA and MACD above the zero line. However, the...
The EURUSD demonstrates a clear bullish trend based on the current market conditions. As a result, trend traders may seek to capitalize on potential buying opportunities at the support level of 1.0967. Conversely, counter-trend traders may be interested in shorting the currency pair at the resistance level of 1.1035-1.1044 while placing initial stop-loss orders...
EURCAD is showing us the perfect impulsive wave. As we can see, we are currently on the 4th wave correction which is an ABC wave. We are on Wave C now, which has 5 waves. We're expecting the final 5th wave higher, which will be broken down into 5 subwaves. 4H Timeframe Trade Idea: - Watch for break of red trendline for confirmation that we've started the 5th...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! EUR-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.091 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
As per my Fundamental and Technical Analysis EUR is a very better place to buy. So Do your research and enter.
Current EURUSD is in strong bullish trend, You may buy from dips as long as trend remains Bullish Key event of the week is FOMC & NFP GOOD LUCK !
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
The EUR/USD pair bounced back from its daily low and regained the 1.1000 level after US data was released. This occurred even though the US core PCE, which is the Federal Reserve's preferred gauge for inflation, showed a rise of 4.6% in March, which is the same as in February. The high inflation in the US is likely to warrant higher rates, thus driving the EUR/USD...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price formed the buyer zone and started an upward movement. Euro reached a resistance level 1.1000 and, after a small correction, continued to rise and broke through the resistance level. The price continued to move up and formed a resistance area 1.1060-1.1075,...
After last week, EURUSD is still in the sideway direction. If you want to trade EURUSD in next week, then keep an eye on DXY movement.
EURUSD is trading in a bullish trend. The price formed an ascending triangle formation on a daily. Next week, wait for its neckline breakout. If the price breaks and closes above 1.11 level, it will confirm the violation. A bullish continuation will be expected then to 1.16 level. Alternatively, a bearish breakout of a trend line will push the price lower. ...
Look for price action from the yellow zone OB we have a gap on the weekly chart and it's possible for a fill since we are trading in a very strong bullish momentum
An extended period of U.S. dollar depreciation is approaching. The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...
✅EUR_USD is trading in an uptrend And the bullish bias is confirmed By the rebound we are seeing After the pair retested the support So I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
An extended period of U.S. dollar depreciation is approaching. The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...
An extended period of U.S. dollar depreciation is approaching. The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...