Opting Out of Trading is a Decision: While we anticipate a breakthrough in this consolidation zone where the current price resides, which is currently at the lower end compared to December, in a sideways or accumulation phase, as some may term it, recent observations indicate reduced market activity within this range. Hence, I've decided to refrain from trading...
If he breaks the structure and comes back to me, then I'll come in with a sell limit.
The EURUSD has been stuck in a range between 1.05 and 1.10 for around a year now. We're left wondering: could we see a breakout towards 1.15, or will it drop back to the bottom of the range at 1.05? What happens as the price dips below 1.08 could be crucial. Take a peek at the daily chart below. It shows us inching back down to an untested weekly BUY/DEMAND...
After breaking the short-term downtrend line, the buyers were unable to maintain the pressure and the sellers returned later, currently the price is being forced down to the resistance area of 1,082, a continuous change in buying and selling pressure. This shows that the two sides are struggling fiercely in this area without creating any really clear signals....
Uncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently...
eurusd to trying to flay to bull and make a profitable pattern
EURUSD: The euro remains bearish today. Especially after the pair fell below the 1.0800 support level. The expected scenario for today's trading is for the EURUSD to continue to fall, this time as the market expects non-farm ADP to increase. Consider selling your Eurodollars today
Hi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice that the price has returned to test the pitchfork tool. And the presence of strong support at the level of 1.05000. All of these factors confirm buying. good luck for everbody
EUR/USD: The EUR/USD pair is trending upward in the short term. If the exchange rate remains above 1.0977, investors can go long and book profits near 1.1020 and 1.1052. If the exchange rate falls below his 1.0977, the investor should sell short and expect to take profit at 1.0946 and he should expect to take profits at 1.0903.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EUR-USD - DAILY - UPDATE These are my keylevels for EUR-USD on Daily.
IMF Europe Director Alfred Comer warned the ECB that if it does not cut interest rates soon, it will be forced to tighten monetary policy more costly later. The headquarters of the European Central Bank in Frankfurt am Main, Germany. (Photo: AFP/TTXVN) The International Monetary Fund (IMF) said on November 8 that rapid wage growth in the euro zone could push...
The majority of foreign exchange strategists expect the recent decline in the US dollar to continue throughout the year. The main driver for major currencies for the rest of 2023 is likely to be economic indicators. A stronger-than-expected U.S. economy and rising Treasury yields caused the dollar, which had been rising against other currencies, to fall. This...
The buyers finally managed to have possession of the price for 2 days in a row. A spectacular comeback, with a Dxy that seems to have more and more problems, the FED pause, and bad data for the dollar +investors who can't wait to sell their dollar to buy everything on the market at a discount.
4 hours OB are weak blocks to make price retrace and create bullish continuations patterns .... Day lvl is the target - for a LH formations
Falling wedge forming on Eur usd following the pattern it looks like a possible move to the upside. If price breaks downward through the wedge it will be a continuation of bearish movement for Eur.
The value of the US dollar continues to rise Today on September 30, one Euro cost only $1.0573 and markets have finally come to the realization that the Federal Reserve is going to continue to fight inflation till it achieves its target goals, and, to do so, it will even raise its policy rate of interest one..or, possibly two...more times! even Jamie Dimon, CEO of...
EURUSD OUTLOOK The price perfectly fulfills my last idea and price in the way to reach our target . The EUR/USD pair shows more bearish tendency to gradually approach our expected target at 1.0535, and we expect negative trading to continue to achieve additional negative targets extending to the 1.0501 areas. Therefore, the downward trend scenario will remain...