The euro initially gapped higher to kick off the Monday session but has given back all of the gains to slam into the 1.05 level again. The 1.05 level is an area that should continue to attract a lot of attention because it is a large, round, psychologically significant figure, and the fact that it is an area where we have seen support and resistance in the past....
the last idea executed P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
EURUSD is still tesing major support area and moving sideways. Price is coiling up and preparing to break the nearest levels. We are considering buying a overextended down move. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
EURUSD intraday trading alert 3 steps must fulfill before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the sky🚀 More info in my profile.. Good luck traders..
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURUSD has reached major support zone at 1.0500. Since then it's been in consolidation zone or accumulation phase. We are anticipating some pullback of overextended move down. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
One thing is clear, EurUsd is in a strong downtrend. However, as I said in my previous analysis, the pair is now in a very strong support zone and a correction is probable. Looking at the posted hourly chart we can see that EurUsd has formed a base in this zone and we can have a corrective leg up. Resistance is in the 1.0750-1.08 zone and in this zone, short-term...
EURUSD - LT View At key trendline area, we broke that on ECB, Dovish - Was a fantastic move there was probably a lot of stops below 1.08 area! Well, it will be interesting how we close this month do we carry on trend is your friend or have a short term pull back & let's not forget next FED's...Excellent moves available. Trust your trade plan! TJ
eurusd creating a ranging or consolidation phase as shown in picture. looking for trades on the breakout of the ranging phase with strong momentum.
The Euro has had a very rough month of April, and the way we are closing out the month suggests that we may have further negativity ahead. It is worth noting that we have tested the 1.05 level, an area that is a large, round, psychologically significant figure. This area could offer a little bit of profit-taking and a short-term bounce. However, that bounce should...
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in EURUSD.
The downward trend of the EUR/USD currency pair is continuing. This path pushed the most popular currency pair in the forex market to the 1.0514 support level, the lowest in five years, and settled around the 1.0555 level at the time of writing the analysis. The decline continued amid investor concerns about growth and threats to energy supplies from Russia....
As you know I'm strongly bearish EurUsd in the long run and I expect parity to be reached and even under. However, at this point, a correction to the upside becomes very probable with the pair dropping for months now almost in a straight line. Also, the 1.04-1.05 zone is strong support, that held since 2015. That being said, I expect reversal towards 1.08 in the...
The euro fell rather hard on Wednesday to reach the 1.05 area. This is an area where we have seen a lot of action in previously, and it is a large, round, psychologically significant figure. The 1.05 level would cause a lot of headline noise, and we have bounced well over 60 pips from that area. Because of this, I think it is probably only a matter of time before...
EU may continue lower, sweeping liquidity below the previous accumulation. Price may continue sinking until the market gap is filled before continuing higher. Of course, lower timeframe confirmations are needed before going long at the indicated level. GL
hello fellow traders, here is a simple positional trade setup to long EURO versus USD open/entries to the position: 1.0380-1.0530 cluster target stands at 1.1280-1.1330 as initial for now, it will take few months to get there, but we will reach that target do not hesitate to ask, to not be shy to comment good luck and happy trades
Hey traders, here is the analysis for the EURUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.