EURUSD is struggling to make a new low at major support at 1.07000.
Price is decelerating, an indication that bears are running out of steam .
The market is basically in a consolidation zone.
We anticipate a third test of the support and a bullish move.
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still in accordance with last week's analysis, prices will continue to fall in the SnD area. there is a possibility that the price will continue to fall closer to wave 2 as an invalid area. the invalid area here serves as a barrier to analysis, that the main trend analysis is bullish, while the current bearish trend is a correction of the bullish trend. when the...
Dollar currency Index (DXY) is getting stronger on daily bases and it journey is still continue. According to the EURUSD chart analysis, EURUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
EURUSD is oversold territory and major support level on the higher timeframe.
Price created a massive divegence on the 4H chart and this indicates that price might make sharp bullish move.
We anticipate a double bottom of the support level as entry signal.
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it is possible that wave 5 will end in the SnD area. if we drag the extension fibo, then fibo 1 will be in the SnD area. means wave 5 has the same length as wave 3, can wave 5 be longer than wave 3? yes it can! so when you decide to go long, it's better to wait for a reversal to occur in the SnD area.
The current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further...
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 broke and closed below the support level. Price action made lower lows and lower closes.
The market created a structure for selling where there is resistance and fibo levels.
It's a classic breakout-pullback continuation pattern.
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EURUSD is consolidating at a major support level.
Price created a double-bottom indicating that bears failed to push price lower.
Price action is coiling up before the expansion, and most likely, price might break the resistance.
We anticipate a breakout pullback and bullish move.
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Past Performance
The immediate trend is resoundingly bearish and is apparent in the daily chart. Despite earlier attempts by Euro bulls, gains were quickly reversed as USD pressed on. As it is, there may be more losses today as price action aligns with last week's trend.
#EURUSD Technical Analysis
The sharp drop on May 24 shows that USD bulls are firmly in...
having a good long position from here, there is a QML for eur and I will add another volume to my long position here to the demonstrated TP.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that...
EURUSD rebounded from the support level. Price could have made a false breakout of it.
Price action has reached a major support level, and we can already see rejection bars.
The market is bullish on the daily chart. The market made a 50% retracement.
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Past Performance
Euro prices edged higher on May 22. However, bulls didn't peel back the losses of May 18. As such, the downtrend remains, and the bearish bar of the second half of last week shapes the immediate trend. Resistance remains at around $1.0840 while support is at $1.0760, marking May 19 lows.
#EURUSD Technical Analysis
Price action remains tepid,...
The #EURUSD has reached a significant support level, and we can see a bearish trend on the 4H chart. The clear presence of lower lows and lower highs confirms the downtrend. Currently, the currency pair is overextended, and I am seeking a short opportunity, preferably when it retraces back up to the 4H distribution level. All the details are thoroughly explained...
EURUSD is testing the confluence level to short the market.
Price action created a double top. The market movement at the structure swap zone.
We anticipate a price pullback to support.
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Past Performance
Euro prices are low when writing, but following last week's close, there is hope for bulls. Specifically, the rejection of lower lows means prices are now within the bear bar of May 18. The immediate reaction levels to watch are $1.0850 and $1.0760, marking the recent climactic bar's trade range.
#EURUSD Technical Analysis
The path of least...
eurusd looks like there is a swing from bearish trend to bullish trend, I've already suggested that you can enter for a good long position in blue box but there is a chance to having a good situation for having a short position up ahead. but with this eng in fl, eur seems to change its trend and we should open more long positions.
⚠️ Notice:
I will enter one...
