This is a detailed analysis on eurusd based off pure price action. In this video, I started my analysis from the daily timeframe and ended it on the 1h timeframe. I talked about the way the market reacted to my analysis of yesterday and how I will react to what the market will do today. I talked about the levels I'm going to be looking out for before taking a...
This is a detailed top down analysis of eurusd. I started the analysis for the weekly time frame, showing the levels I will expect the price to hit in the long run and ended the analysis on the 1h timeframe, showing the levels I expect to take a trade from today. If you think this video was helpful, please give me a boost and follow. If you're going to take...
This week I will be covering my sell setup idea towards an area of demand to end up buying with the trend. However due to DXY shift in trend, I will be looking for buys for EURUSD later on. Currently as of now price is inside an area of a 4hr supply zone so im expecting price to react off it to cause a retracement back down. Scenario (A) - Is for imminent sells...
HELLO TRADERS,, As i am watching this pair is currently trade as we had analysis in our previous chart which is attached in comments and successfully achieved given Tp's now i am expecting euro will drop more till the weekly support zone as we know the ECB Interest rates of Oct noting changed and ECB President Christine Lagarde had a dovish speech in previous...
H1 - Strong bullish momentum. Higher Highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURUSD after penetrating the minor bullish area is currently correction. At present the price responds to trendline very well, with the price always forms a new lower high, by looking at some of these indications, the possibility of the price will be bullish in a fairly close time.
Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.
head & shoulder pattern in 4h time frame, there are two supply zones for short i.e. 1.0640-0670, another supply zone 1.0710-0735. stop loss above 1.07035, target: 1.0480.
as you can see there is a bearish divergence with MACD which is the sign of trend reversal and the price has started its retracement to Fibonacci golden Zone there are total of 3 TPs where 2TPs are the 50% and 61.8% of the Fibonacci retracements and the 3TP is for the upcoming impulsive wave and it has confluences with Fibonacci expansion -27%
I noticed that prices rose at the end of the week, which could indicate a bullish trend. However, it's likely that the trend will remain limited to the trendline channel area next week. It's important to note that the overall trend is still bearish and there hasn't been any significant change. The bullish trend may only be a correction from the bearish trend.
price broker 1.0635 strong support level of the year 2013. daily & weekly forming lower low & lower high. Supply zone for short 1.0730-0760. stop loss: 1.0780, target: 1.0640.
Eurusd is still in the trend bearish. If you look at the formation of the bearish channel and the price responds positively to the trendline area and is currently corrected, there are two obstacles to return bullish, namely trendline that must be penetrated and minor high that can also be passed.
The prices are moving towards the base area, aligning with last week's analysis of EURUSD. Dxy's movements suggest that it may weaken soon, and currently, Eurusd is approaching the base area. This could indicate a potential reversal in the near future, although there is also a chance of a fake-out before the reversal occurs.
Last week the price responded well to the resistance area in the red line. There has been no sign of reversal until the market closing. There is a possibility that the bearish movement is limited, where the price will continue bearish with the target in the resistance area and the possibility in that area there is resistance. If you want to do a long, wait until...
6th June Bullish order block, 1.0635 strong support of the year 2023. Demand zone for long 1.0710-1.0670, stop loss below 1.0636, initial target: 1.0840 if breaks and hold then next target level 1.0920.
EURUSD looks down but BE Careful A very similar situation where the traders were caught
Eurusd's movement is in accordance with last week's analysis, where prices rise to the red line area. For now there is no strong indication that the price will continue the bullish trend. There is still a possibility that the price of continuing the trend down by making a Wave A-B-C-D-E pattern. Today there will also be news release, avoid speculating for today.
28th August daily inside bar, range confined within the previous bar range. 29th August daily insurance bar dictation for strength in coming days. Demand zone for long 1.0812-1.0770. stop loss: 1.0750, target: 1.0955.