The EUR/USD pair has embarked on the final day of January with a notable bullish impulse, setting the stage for potential market shifts during the London session. Wednesday's Asian session witnessed another test of the crucial 1.08000 support level, marking a strategic entry point. The price action suggests the emergence of a Double Bottom setup, with indicators...
EUR-USD broke out of The narrowing wedge pattern To the upside and the price Is now going up again So I will be expecting A local move up !
EUR/USD Faces Pressure Amidst ECB Remarks and FOMC Anticipation EUR/USD experienced a decline on the last Monday of the month, closing near the psychological level of 1.08000. The downward pressure was influenced by remarks from the European Central Bank (ECB) and the looming Federal Open Market Committee (FOMC) meeting. The breach of the dynamic trendline and a...
Hi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the...
In our examination of EURUSD, it's crucial to emphasize the existence of a double bottom pattern. This pattern, combined with robust support observed within the Fibonacci levels ranging from 0.5 to 0.6, amplifies the importance of the current scenario. It indicates a compelling scenario for a potential upward trend, potentially leading to a substantial gain in...
EURUSD took out sell side liquidity (1.08445) and also buy side liquidity (1.09162) thus creates a demand zone (1.08396 - 1.08396) respected with two pin rejection without liquidating. however i expect price to rise to 1.09332 as far as the demand zone remains in control.
Price is approaching strong support level at 1.0780 (Daily swing level). Price moves in falling wedge pattern for the last few days and expected to break above. Buyers are not letting the price to close lower which can be seen for few days now. With upcoming strong US news, we can expect price to go further low before continuing the up move.
Buy opportunity in the FX:EURUSD with a target at 1.08400 for a profit of 40 pips.
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: As you can see in my previous analysis price delivered as expected. Now I expect bullish price action after filling the imbalance and rejecting from bullish order block + institutional big figure 1.08000. Fundamental news: This week is full of news in USA. Firstly on Wednesday we have...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we have pretty the same scenario as on GOLD, Price rejected from bearish order block so I expect price to drop in order to fulfill the imbalance. My target is institutional big figure 1.08000 from where I look for a long position. Fundamental news: Upcoming week is full of news in USA....
Here is my weekly outlook on EURUSD. I expect a weakness on the dollar, and a bounce on the EURUSD. Actually we are trading on the short-term trendline, and considering the bullish divergence we have on 4hr timeframe, we can expect a pullback targeting the 1.10 area
Hello Traders! I executed a long trade on EURSUD M15 as I saw a confirmation of bullish domination on a small time frame. I expect an increase until the OB M15. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like,...
Hello Guys the major trend on daily time frame is still bullish but the minor trend is still bearish it looks like its about to reverse soon after the formation of the pattern
This week's bias for this pair aligns with GU, and I'll be aiming to initiate long positions from the demand levels positioned just beneath the current price. Whether it's from the nearby 2-hour demand zone or the 10-hour demand zone situated below, my objective is to buy back up to a supply level or potentially target the equal highs positioned above. Ideally,...
🏃 EURUSD is moving near the 🟢 Support zone($1.0800-$1.0756) 🟢. 🌊According to the theory of Elliott waves , EURUSD seems to have completed its five downtrends . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect EURUSD to rise at least to the end of wave 4 at the 🔴 Resistance zone($1.0916-$1.0880) 🔴 in the coming...
In the aftermath of Thursday's significant market downturn, the EUR/USD pair is presenting a potential buying opportunity within the range of 1.08200 to 1.08300. As traders assess the recent market dynamics, Friday's trading session holds a unique position for those seeking strategic entry points. Thursday's sharp decline may have been influenced by a variety of...
On this bullish trend, we are looking for long positions only. After this great corrective move, we have a bullish pattern on a level of interest for me. Trying a long on this one with first TP shown on the graph (second one is the same as the initial swing position) Great Trade !
Buy opportunity in the FX:EURUSD with a target at 1.09000 for a profit of 25 pips.