EUR/USD is trading sideways around 1.0550 on Monday morning in Europe. Traders are cautious ahead of crucial inflation and GDP data from Germany. Political tensions remain a cause for concern. EUR/USD might face strong resistance around 1.0570-1.0580, where the Fibonacci retracement level of 23.6% of the latest downward trend, the 100-day Simple Moving Average...
In Asian trading on Thursday, EUR/USD remains defensive, hovering around 1.0560, the lowest in a week, as traders await the European Central Bank (ECB) interest rate decision. The currency pair continues its decline for the second consecutive day, extending its retreat from monthly highs. Support was found around the 20-day Simple Moving Average (SMA) at 1.0560....
EUR/USD continues its recovery but remains below the 1.0700 level early on Tuesday. The pair benefits from the decline in US Treasury yields and the weakness of the US dollar. Positive changes in risk sentiment support the new upward trend. Keep an eye on EU/US PMI data. The EUR/USD exchange rate accelerated its gains on Monday, surpassing the 1.0640 level. It...
im beginning to understand the concepts of price always repeats itself .... a LH will be created at that exact level - 2 break structure to the downside..... lets observe the Actions
EUR/USD maintains a higher level but remains below 1.0600 in Wednesday's Asian trading. Risk sentiment prevails, weighing on the US Dollar, especially amid positive data from China. Market focus is on Lagarde's speech and EU/US data. The EUR/USD rate has risen above the 20-day Simple Moving Average (SMA), which still slopes downward. The Momentum indicator is...
Double bottom forming on Eur usd if we break the 1st target we can look to the second target for a nice long.
Frankfurt, Reuters - In the ongoing fight against inflation, European Central Bank (ECB) policymakers are gearing up for a significant shift in strategy. They are set to deliberate on ways to address the vast pool of excess liquidity inundating banks, with the possibility of raising reserve requirements emerging as the initial tactic. This pivotal discussion is...
#EURUSD expected to rise in the coming days the price is clearly reached the support which was around 1.06330, afterwards we can see that the market found a momentum and pushed up and considering the weak ascending broadening wedge pattern in 30M TF it looks week to push it back down. The price is expected to rise towards the trending line...
The euro's decline slowed down against dollar. It may also want to take in upward sell orders. While I think the price's ultimate target is below 1.080, we could see a spike to 1.096 before that.
45 degress; Andre Kostolany called this conditions as the perfect healthy trend that will continue longer than expected! strategy bullish trend no profit taking The trade is over ,if the trend conditions change Argentina’s experience after the collapse of the peso ten years ago supports the view that Greece, and perhaps other peripheral economies, would...
Hi Traders! A new range zone has been established on the EURUSD 1H chart, and there may be some opportunities for entries before a breakout. The current range is roughly 39 pips, so the range zone is quite small. Resistance to the range zone is at 1.09463, and support is at 1.09072. There was a previous price rejection at 1.28486, which we have highlighted on...
hello dear traders this price action and my road map on EUR with btc pair after corection price can test harmonik ABCD on (sell zone ) i set alert for my buy zone and supourt zone and looking for confirmation in lower timeframe goood luck
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...
I think the range of 1.083 is an important resistance and the bull can be rejected from here. If this resistance is broken, the price can go bullish to the next and higher range
Hi Traders! We have a bearish channel with lower highs and lower lower shown on the chart. If we continue to move to the downside, the price action indicates that there is possible support around the 1.09641 level. Please remember to follow, like and comment, there will be plenty more to come from us over the next few weeks - your support is greatly...
Hi Traders! Our EURUSD idea on the 25/04/2023 was absolutely smashed, which resulted in a fantastic risk to reward setup. We reached the price target of 1.10760 before retracing around the 1.0956 level which is the now the new resistance. There was a further push to the downside and we are now ranging looking for direction, trading opportunities will come soon...
Hi Traders! We had a breakout of the short term resistance level of 1.10004 which then led to a pullback around the 1.10671 level as the market tried to re-test the main resistance level of 1.10760 which made a double top formation. If the market stays below 1.10671 we are likely to see a re-test of 1.10004 as support with the 100 moving average also near that...
Hello traders, EURUSD is setting up for a downside move watch price to retest and look for a short position opportunity, if price break the yellow box and also 1.10000 area with the candle body then only look for long otherwise look for short. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade...