Examining the trend in the four-hour time frame, EUR/USD has broken the resistance range of the ceiling of the first downward channel to the upside, and now there is a possibility of a price increase due to the rising averages of the Alligator indicator. In general, this scenario is strengthened that EUR/USD can reach the resistance of the ceiling of the second...
Hi folks today I'm prepared for you Euro analytics. Some time ago price started to rise inside the upward channel, where it finally reached the support level, which coincided with the support zone, but at once rebounded down to the trend line, which is the support line also. Then price rebounded up from this line and soon broke the support level, after which made...
We want to see price going in our zone, then reach new highs 1.09000
Pair: EURUSD Action: Buy RRR: 1:3 SL: 1.08312 TP: 1.09759 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the...
4th June DXY: Could have found support at 104, retracing to around 104.20, looking for more downside below 104 could reach 103.60 NZDUSD: Buy 0.6195 SL 20 TP 60 (Hesitation at 0.6220) AUDUSD: Sell 0.6640 SL 20 TP 45 USDJPY: Sell 155 SL 30 TP 115 GBPUSD: Sell 1.2760 SL 20 TP 50 EURUSD: Looking for reaction between 1.0870 and 1.08905 USDCHF: Look...
I see a classic bullish pattern on EURUSD: a bullish flag. After a completion of a bullish impulse, the price started a correctional movement within. With a yesterday's bullish movement, the market managed to break and close above the resistance of the flag and set a new higher high higher close. For us, it is an important bullish signal. I think that the...
The EURUSD pair cemented a strong rebound yesterday as it broke above the May 16 High, after it held the 1D MA50 (blue trend-line) as Support. This took yesterday's 1D candle exactly at the top (Lower Highs trend-line) of the December 28 2023 Channel Down. This is the last chance for the pair to resume the pattern's downtrend, if today's 1D candle closes inside...
Dear Colleagues, I have redrawn the waves and I believe that the upward movement will still take place, but later than I expected earlier. I believe that the price is completing the corrective wave “2”. I assume that the price may push from the area of 50% Fibonacci Level 1.07481. Then I expect an upward movement to the nearest high of 1.08877, which is an area...
EURUSD is falling toward the pivot and could potentially bounce off pullback support and rise toward the multi-swing high resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1.0881 Support: 1.0812 Resistance: 1.0952 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is getting a good volume here. Here we can see gain upto 150Pips+. Keep in touch we will update further soon.
#CADJPY UPDATE Hye team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY has breaked he main rising wedge pattern.Here it has Maximum chances we can drop upto 100Pips+ soon. Keep in touch we will update further soon ✍
Dear traders! We saw confirmation with the bullish sinking candle, getting support at 1.0830 with confluence from the 34.89 EMA. Therefore, the EU outlook remains very bullish and it is likely that based on our analysis, it continues its upward momentum towards the 1.0880 resistance and shakes open a bullish buy scenario towards the resistance level of the range...
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SLPUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about SLP. SLP is getting a good bounce from this support level. In this move we can see gain upto 40%+ soon ✍
Hello dear friends! That's the end of another trading week! Let's recap the markets from last week and discuss our new plan for next week, shall we? On the previous 1D timeframe we saw the trend change and the market quickly tested the 1.0900 high. But! Unfortunately in the uptrend it is in a consolidation correction above the downtrend resistance level....
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0892, which is a pullback support. Our take profit will be at 1.0957, a multi-swing high resistance. The stop loss will be placed at 1.0843, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
EURUSD ticked up on Tuesday but failed to decisively push past confluence resistance between 1.0865 and 1.0880, where the 50% Fibonacci retracement of last year's decline intersects a key short-term descending trendline. Traders should continue to watch this ceiling in the coming days, bearing in mind that a bullish breakout could set the stage for a rally toward...
The US economic surprise index suggests that incoming data will likely remain soft due to restrictive monetary conditions and a return to disinflation. Despite an expected rate cut from the ECB, softer US data has caused EUR/USD to rise. The pair has been moving within a downward sloping channel since mid-May, with support at 1.0800 and resistance at 1.0942/1.0950.