Hi all The eurusd broke the weekly support last week, and I'm expecting a 50% or 61.8% retracement. BUT Since the daily timeframe likewise had a 50% retracement from the LH to LL, I monitor any potential rejection on the 38.2% weekly fibo. Let me know what you think In the comments! **My trading strategy is not intended to be a signal. It's a process of...
last week's analysis responded positively by the market. the price dropped to the support area and is currently stuck there. if you look at the market pattern, there is a possibility of a simple correction a-b-c with the current price heading to wave c. if you pull the Fibo extension, then the price is right in the 0.786 Fibo area. there is a possibility that the...
Looking at the EUR/USD pair, we can observe an overall downtrend in the price. Currently, the price has broken downwards after a minor price consolidation. I anticipate the continuation of this trend and believe that the price will reach 1.08025 .
The EUR/USD currency pair is testing the critical 1.0800 region, with potential further losses expected below the 200-day SMA. Preliminary PMI data shows manufacturing resilience but weakness in services in key Eurozone countries. A soft technical outlook and extended losses near the 200-day moving average underline the pair's vulnerability. Key support and...
One of my counts for EU. Looking for a potential temporary bottom in place, which seems to be confirmed by the RSI. Looking for a pullback to then continue lower. If you like the daily content please leave a like and comment below. Feel free to ask question, Trade safe!
The EURUSD has exhibited a bearish trend over an extended period. As we approach high-impact calendar events today that hold the potential to sway the euro's performance, an uptick in market volatility is anticipated. I am actively identifying potential entry levels, and my attention is fixed on a critical resistance threshold. If today's events result in negative...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD is moving in a descending channel. It bounced off the support, following the bullish divergence. The market is in a bearish trend, so there is a kill zone where we have a fibo cluster and round number 1.09100. On the daily timeframe, we have doji bars indicating indecision or consolidation. We expect a rebound from the kill...
EUR/USD analysis in 1 hour We also have a strong downward movement in the price That is, we have a supply area, which means that the price will return to this area, and then it will bounce back to the bottom
This video provides a quick analysis of the EURUSD. The currency pair has been experiencing a notable downward trend marked by considerable momentum. Throughout the video, we discuss the trend, support and resistance levels, price action, market structure, and a potential trade opportunity. It's important to emphasize that this content is strictly intended for...
EURUSD's analysis is still based on last week's, where prices moved to SND. If SND is currently pierced, then it will most likely still be bearish to SR Flip at the beginning of Wave 1.
Bulls, Bears are here! Hide! EUR tested resistance @ $1.058, the correction to $1.01 - $0.99 has now started.
As per my previous post I am currently bearish on EURUSD, at least on the 4H. Price delivered nicely to the previous target and it now seems to be retracing. I have highlighted 2 areas of interest where I expect price could bounce off and continue its bearish push. The plan is to wait for price to tap into those zones and then switch to a lower timeframe to look...
Price displaced up, to and through the NWOG, stopping almost exactly the top on the weekly timeframe before getting rejected almost just as quickly as it got there. The previous week traded into a weekly FVG above, and in IOFED fashion it displaced back down to a weekly iFVG. Currently, price is at equilibrium and could go either way from here. I will be...
Last month we saw a sharp rejection after taking out a monthly high and monthly open. Currently no body has closed below the monthly FVG/Sibi. I would be interested to see if price is drawn to take out the previous month's low, and if so, how does it react afterwards. If it takes out the second monthly lows, then the monthly FVG/Sibi would be a nice...
EURUSD is trading in the consolidation zone. The market made an extension up, which creates a bearish harmonic pattern. The price dropped from this level, and we might see another pullback since price action is in the consolidation zone. We expect a bearish move: short-term pullback. ------------------- Share your opinion in the comments and support the...
This is a potential long setup on EURUSD. I do believe we are gonna start seeking higher prices either CPI today, or PPI tomorrow. The only other alternative is a drive lower to hunt for liquidity, push the bearish sentiment to the masses, and then crawl back up whilst taking out anyone looking for an opportunity to get in short. Both are valid ideas. Only...
Hello Everyone. I want share my idea about EURUSD pair. After pretty bullish movement we have clear bearish movement. Friday we had some pretty bullish movement then it touch to trendline and got strong rejection, but it stopped at the support which is at 1.10. In my opinions this pair is still bullish, if we look at DXY index we will see some interesting...