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...
Please, check our technical outlook for EURUSD. The market is testing a major horizontal structure 1.112. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.125 level soon.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd 💪 With EurUsd retesting previous monthly structure and the 0.618 fibonacci retracement level I do expect a short term bearish rejection on EurUsd and then simply more bullish movement. Weekly market structure is...
I hope this email finds you in high spirits and enjoying the exciting world of forex trading! I'm thrilled to share some fantastic news that will surely make you smile. The bull trend in the EUR/USD pair shows no signs of slowing down, with EUR dips consistently remaining in the 1.10 zone across all time frames. But wait, there's more! I predict this upward...
Keep in mind we are still early into the business month and business quarter and we have had some US holidays at the beginning of the week so we haven't had much volume and volatility this week so far. But the second half of this week does seem more eventful and we should see some increase in volume and volatility up until the end of the week in my opinion. From...
Possible intraday long entry if price doesn't break too far higher first. Bias for the day is mostly bearish for now, but will take this counter-bias trade if price action convinces me. Using ICT Concepts for this setup.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd 💪 The monthly timeframe on EurUsd is pretty clear with EurUsd currently retesting massive previous support which is now turned resistance at the psychological $1.1 level. With weekly market structure being bullish...
Yesterday was the fourth of July and a US bank holiday, which explains the abysmal volume during the New York session. Hopefully, we get some more convincing price movement in the second half of the week. My sentiment is the same as yesterday, staying out of this range we are in on the 1 hour timeframe and waiting for a break above before taking buy entries. I...
I took a long weekend off to relax with my highlight being a horse ride on the beach, but now I'm back and ready to trade. And quite glad about the break too because the price action at the end of last week and yesterday looked terrible. First things first, as we are starting out the new business month and quarter it's good to identify the new important price...
Will be looking for higher prices in EU. Either one more stab into the Weekly Fair Value Gap, or within the recent swing low range. COT divergence supports another run up, which coincides with my target POI. Let's see if this comes to fruition.
Buys yesterday turned out great and with EUR/USD maintaining the bullish structure we shall continue to look for buy opportunities. I'll be looking for buys with continuations above the 1.096 price level or at pullbacks to the 1.093 price point of interest. I couldn't see sells unless we get a break below 1.089. Noticeable news this week: The ECB Banking...
Continuing on from yesterday's analysis, I would be looking for more buys above 1.093 and 1.096. We have been creating a steady bullish structural wave on the 1h timeframe and I expect for it to be maintained. Price has been messy and quite slow, but I'm putting that down to the news we have coming up this week. I'd like to get my trades done and out of the way...
This week I have travelled to the west coast of France, with just my laptop and a rucksack. I'll be working here like usual, I love the freedom this job offers me. This week I am looking to continue the current medium-term bullish trend on EUR/USD, with buys from a pullback to 1.087 or a continuation above 1.093. I aim to ride continued buys after our very short...
Trading Setup EURUSD Sell Indications Entry Levels: 1.09986-1.10726 Stop Loss: 1.11326 Take Profit: 1.07539 Take Profit: 1.06370 Take Profit: 1.05000 Here is the proper setup with many confirmations, so just set price alert on your chart and also make sure your own analysis. The main point when open up trades; Main points when open trade; 1. 1:3 risk...
I would personally be looking for buys at my 1.09 and 1.093 key price zones. 1.09 looks better to me as a double bottom would be the preferred situation and it is a large psychological level too. Since the beginning of June, Dollar has been remaining soft and has been pushing down from 104.5 to 102. I'm looking to temporarily continue the dollar bearish sentiment...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that EurUsd just recently perfectly retested and already rejected the quite nice bullish trendline of the weekly parallel rising channel. You can also see that the next weekly resistance is at the $1.12 level where we previous had strong...
Continued buys from 1.096 or 1.093. We look for a continuation of buys after yesterday's analysis. We saw a significant breakout of the slow bearish correction we were in with new intraday highs created. Today I will be looking for corrections to the levels I've mentioned above for further buy opportunities. Fundamentals Jerome Powell's speech that came out...
We understand that there has been a slow and steadier start to the week with a lack of economic events, coming off a US bank holiday and winding down from the second quarter. On the higher timeframe, EUR/USD is approaching the top of a range and I'm expecting some bearish pressure when we get there. Currently, price is in a slow pullback but still presenting...