We are still under more pressure, and the short suggestion 1.0220-1.0240 has worked its way lower. However, we are in oversold territory based on low 4-hourly RSI. The daily MACD is negative and we are still negative on RSI on this same daily chart as well. I would be inclined to take profit on the short 1.0220-1.0240 near 0.9957 and start building small long...
The EURUSD is near it's major support level and there is much chances that it will rise from the define support. Better to look buying opportunity on it.
two idea for eurusd we have to wait the price and then we can enter the idea ...
Still monitoring around support but hold stops at break even now as I don't want to stay stuck in a consolidating zone. Wouldn't be surprised to see a break as you must keep in mind overall direction.
Looking for price to make a move from 1.015 back up to at lest 1.025 to continue the 4hr sideways pattern. Look for price to rejection on the 1-4hr for confirmation to buy. If price pushes below 1.01250 this setup is invalid. Good luck!
*Enter at your own discretion - this is simply an idea* RR of 5.26, I believe this pair is due to shoot up once it break the structure upwards again.
Midterm forecast: While the price is above the above 1.026 , an uptrend is expected. If Monday market goes above the 1.026 market with powerful candle then most likely our next target will be around 1.038, but if the price breaks down and goes below 1.02 then expect price to go below 1.00 mark. ❤️ If you find this helpful and want more FREE forecasts in...
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In the chart I have clearly mentioned the Divergence mode that how market is trapped in it. Better to look buying opportunity on it.
On the H4 time frame, a pullback to the support zone at 1.0230 presents an opportunity to play the bounce to the resistance target at 1.0380. This resistance target coincides with the 50% Fibonacci retracement and the resistance-turned-support graphical level. Prices are also holding above the ascending channel and 30 EMA supporting the bullish bias.
2 scenarios for the EURUSD. 1st scenario, with a 60% probability, decline to the channel support line in the price range of 1.01930. Entry around 1.01930, with the first target of 1.02450 and the 2nd target of 1.02785. In the 2nd scenario, upward movement with high acceleration, The first target is 1.02785 and the second target is monthly resistance at 1.03850 Goodluck
EURUSD - If we continue to fail the highs i'll look for sells down to that unmitigated 1H demand (Also swiping liquidity) before looking for buys from the same zone to then break the highs and continue with the daily structure up to the D point/Supply/imbalance fill (Not entering any positions without LTF confirmation) Just an idea! Let me know your thoughts!
👉EURUSD the price has not reached its main price level in the coming week, the price movement will be determined by the movement in the ascending channel ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the...
EURUSD the beginning of the growth of the ascending channel / the continuation of the price drop to the lower border of the channel with subsequent growth in the next 2 weeks
in today's analysis I see a continuity pattern on H1. at the moment I see kijun-sen continuing to strengthen and the kumo cloud is also seen tilting upwards. I will take long with RR 1:7
Volume breakout is happening now on EURUSD to long. Photo shows details
EURUSD continues its bullish momentum and jumped more than 60 pips in today's Asian session. Technical: The pair's immediate support is at 1.0080, On the higher side, near-term resistance is around 1.0150
No change in views. The pair is consolidating and it is expected to correct back towards 1.0278 short-term. There will be a DARK moon phase signalling a change of trend, plus positive stochastic and low RSI helps to support this view. Strategy BUY current 1.0010-1.0040 and take profit 1.0278. We may see closer to 1.0325 in fact.