Hi Traders! From a technical point of view, the trend is bullish on the daily chart and channel breakout should confirm another bullish leg in the short term, so the next session will be very important, let's see. Last week we followed the EURUSD pair on intraday chart, are you interested? Click on chart below: Trade with care Like | Share | Comment
Price has formed an inverse head and shoulder on the trendline, so we expect a buy to fill put the imbalance in the market.
EUR/USD broke below the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-hour chart dropped below 40, highlighting a buildup of bearish pressure. On the downside, a strong support area seems to have formed at 1.0870-1.0860, where the 100-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the...
The EURUSD has reached a critical support level on the daily chart. Look for a potential bounce to retest previous resistance levels.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
A closer look at the Euro chart reveals a favorable structure. On a broader scale, the trajectory looks bullish - however, a noticeable accumulation of liquidity is occurring lower after the reversal of the global downward movement. In addition, there was an unfilled zone for the month of FVG. At the local level, after the breakdown, an imbalance zone - FVG -...
Hello, according to my analysis of the EURUSD pair, the market has reached a very important area, which is the resistance area, at the level of 1.09800. Also, this level is the retracement of the 61% Fibonacci golden ratio. We also notice the formation of a candle with a tail on the four-hour frame, confirming a strong entry for sellers. Good luck to everyone
It is now on an important support area. Also, the fear index has peaked in the market and this forms important return points and zones in most cases
After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
According to the latest sentiment analysis data open source, the bullish sentiment on the Euro remains strong. The data shows that the number of short traders are more than long traders which mostly leads for furher upmove. Option Trades Sentiment Option trades sentiment is another important factor to consider when making trading decisions for us. Based on the...
4h- only LH's, if next week it manages to break the resistance, we could see a new LH, currently leave open to "?", on the other hand, once this support is broken down, the price will make a LL and also break the uptrend, which would be bearish.
Anticipating long EURUSD from weekly FVG. Hey traders, here is the analysis for the EURUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
We expect further upside on this pair, signalled by the formation of an inverse head and shoulders pattern breakout. We can also see the breakout of a key level supports our directional basis
The basis for our orders: the large level is in an upward trend. After yesterday's sharp decline, it has stabilized today, so we placed long orders at important positions. It has started to rise now, and the long orders are making profits.
The euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%. The European Central Bank maintained the deposit rate at 4.0% for a fourth straight time at last week’s meeting. It looks like rates have peaked but the ECB has been reluctant to signal...
Hi Traders! During yesterday’s session we saw strong bearish pressure on the EURUSD pair in stark contrast to our view. Having said that, the trend has returned bearish on the intraday chart, but during today’s session we do not rule out a reversal or at least a technical bounce, let’s see what will happen during the last weekly session. If this does not happen...
FX:EURUSD price currently reaching a perfect buying key area where we expect price to bounce and continue the bullish trend up until it hit out 'take profit'. If you like our idea then please do consider liking the idea or leave comment. Good Luck and Trade Safe.