EURUSD broke and closed below the support level that became a resistance . The market is testing a major support level at 1.05000, which is a psychological level. Price action is approaching the confluence level: support + trendline (dynamic support) + psychological level of 1.05000. We anticipate a short-term pullback. ------------------- Share your opinion...
EurUsd has started the year badly, with the first trading day of 2023 being a red one, but more importantly, marking the up break from last Friday as a false one. On 3rd January we have a new long red candle that also breaks under a small double top pattern and yesterday's candle, a new drop with the candle engulfing the 4th of January correction. The all, put...
Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers. Fundamental : Positive ADP Non Farm Employment change data has given a strong boost on USD Possible trade recommendation : Bearish as...
As you can see, the price break an important level and now we should wait for confirmation to see if the price can have a more fall or not. My expectation for a bearish market is, price move up to 1.058 and then fall. 💡Wait for the update! 🗓️05/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
According to SMC , We have a trades entry for long on EUR/USD pair as following : ENTRY @ 1.05542 SL @ 1.05286 TP @ 1.06310 RRR : 1:3 GOOD LUCK GUYS ...
EURUSD has formed a strong bullish price action on the lower timeframe after grabbing liquidity from the weekly doji/liquidity zone. From multiple timeframe perspective, All four timeframes, monthly, weekly, daily and 4h is aligning with bullish price action. Upon closing of this candle, a buy trade is high probable.
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 out of the ascending channel . The market could not make higher highs and higher closes at the resistance level . Price action is approaching the confluence level: resistance + trendline (dynamic resistance) + psychological level of 1.06000. We anticipate a false break to short. ------------------- Share your opinion in the comments and support...
Confluences 1.Monthly/Weekly/Daily/4H - Downtrend 2. Break and retest the clean key level 3. 1H Engulfing Target: 1.04650
EURUSD 4hr short ⚠️ USD NFP on the 6th, half risk. Shortstop @ 1.05571 TP #1 @ 1.05093 74.51% wr TP #2 @ 1.04608 60.78% wr SL @ swing high 1.07136 15.69% hr WR and HR determined by past trades made on this timeframe on this pair more trades like this on Bifrost trades and on my page.
Hi traders, EURUSD watch price action with your own according strategy and look for a short position opportunity GOOD LUCK.
I saw retail resistance above and below .after taking that liquidity market will drop from the supply zone and target below retail support OB
As you can see, price is on a trading range for a week and has a strong support on 1.055. This analysis is base on breaking the support. Now we can define our expectation: potential sell zone: 1.0685 to 1.071 Targets: 1.055 1.036 1.022 💡Wait for update! 🗓️29/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
EURUSD pulled back to the consolidation zone. Consolidation zones typically act as both support and resistance. The market is testing the psychological level of 1.6200 and is in the middle of consolidation. We expect a retest of the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Since the end of September last year, EurUsd has started to rise and managed to recover more than 1000 pips from its 2022 losses. Although in long term I believe that the bearish trend will resume, in the short term more gains could happen. In the second half of December EurUsd consolidated in a range with a break above the upper boundary of this range on the...
From my previous Post on my EURUSD set up as you can see we almost made our TP although we made some amazing pips even though the market is not fully operational In this set up i was able to see the Elliot wake formation and capitalize on it bringing out the new entry on the last wave then i'll be looking to see what happens next stay tuned for more follow me...
EURUSD rebounded from the support level and lower border of the channel, which act as dynamic support. Price pulled back to the consolidation zone. The market is trading above the psychological level of 1.6800 and consolidation. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with...
EURUSD update from my past setup EU has been really slow these past few weeks making only slight major moves but i hope to see some really nice moves in the coming week because i see a lot of liquidity been taken at the current high and there is a nice resistance i personally like EURUSD will be more like a very good study for me during this week probably till the...