Just like #DXY, EURUSD is at a major key zone which has served as resistance and support in the past. Price is presently reversing off the keyzone. This week, i expect price to either break and close below the support for bearish continuation or price would reverse a bit to the trendline. I was anticipating an uptrend last week after breaking the descending...
EURUSD stabilizing above 1.0810 will support rising to touch 1.0822 then 1.08454 then 1.0869 stabilizing under 1.0810 will support falling to touch 1.0775 the 1.0748 Pivot Price: 1.0810 Resistance prices: 1.0822 & 1.0845 & 1.0869 Support prices: 1.0775 & 1.0748 & 1.0722 timeframe: 4H
Will it Grow further? Pair is on solid support zone and created double bottom structure as well. Due to cluster support and descending channel move I am expecting it's bullish move within a channel not a big target. what you guys think of this idea?
In the European session on Monday, EUR/USD is trading above 1.0800. The pair is experiencing gains due to the overall weak performance of the US Dollar. Investors are carefully considering the divergence in policies between the Federal Reserve and European Central Bank (ECB) as they anticipate EU Sentix data and a speech by ECB President Lagarde. These events come...
EURUSD stabilizing above 1.0838 will support rising to touch 1.0879 then 1.0919 then 1.0955 stabilizing under 1.0838 will support falling to touch 1.0810 the 1.0783 Pivot Price: 1.0838 Resistance prices: 1.0879 & 1.0919 & 1.0955 Support prices: 1.0810 & 1.0783 & 1.0784 timeframe: 4H
Support Levels: Support 1 @ 1.08354: The level at 1.08354 serves as an immediate support zone on the 30-minute chart of EUR/USD. The price tends to find buying interest and potentially reverse its downward movement in support levels. Traders should closely monitor this level; a break below it could indicate further bearish pressure. Support 2 @ 1.07818: Support...
Expecting a bullish move in EURUSD and target 1.1045 level with stoploss at 1.0933. as we are into a cpi week there could be a manipulation for further downside, so for this setup I would like to keep my risk level low, but yes trade is of high probability and trade environment is risky.
So the lower time frames are being ragged around as the higher time frames deal with this crucial zone. I am away tomorrow on the water but we should get some nice movement with all the data coming out, how tradeable it is, is another discussion altogether. I said in my top down analysis that we may need to rebalance the two recent bullish H4 legs before we break...
As big picture at A little bearish move to mitigate the zones, I think we will likely sweep the external liquidity from the M15 range before moving to make a new M15 leg
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.
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.
Here eurusd is moving up and likely to continue moving up so going for long is needed
EURUSD stabilizing above 1.0903 will support rising to touch 1.0931 then 1.0960 then 1.0989 stabilizing under 1.0903 will support falling to touch 1.0872 the 1.0844 Pivot Price: 1.0903 Resistance prices: 1.0931 & 1.0960 & 1.0989 Support prices: 1.0872 & 1.0844 & 1.0810 time frame: 4H
As mentioned in my Monday's trade plan, EUR/USD has rebounded from the support line of the ascending channel. So, buyers who bought at 1.0770 are currently up 100 Pips in their buy trades. 📌Currently, in the 4H chart, the immediate resistance is being offered by the 1.0885 level. 📌Bulls need to break the 1.0885 level for the uptrend to continue...
Continuing from my previous idea shared last month (refer to the related post below), the market has played out exactly as anticipated. The sell-off occurred as expected, taking place at the Monthly 0.618% Fibonacci level. The Monthly candle closed back below the crucial 1.10 resistance level, ultimately confirming that the breakout was indeed a fake one on the...
Hello dear traders, The EUR/USD currency pair is in an upward channel on the daily timeframe. Given the areas of supply and demand, as well as the liquidity present at the green levels, trading in this area can be logical. The trigger for entering this trade is the breaking of the downtrend line, which is indicated by the purple color. This means that we are not...
In the shorterm, we have head and shoulders formation, we can sell from now. SELL BY MARKET. SL: 25 pips. TP: 25. 50. 75 pips. Close in 5 hr and 10 min. ***Understanding the Head and Shoulders Pattern*** A head and shoulders pattern has four components: After long bullish trends, the price rises to a peak and subsequently declines to form a trough. The...
Ths is my psychological view about eurusd .it has already printed double bottom in the 1H time frame but ,due to the weekly close of the market may be reduced the strength of the doble bottom .so to breakout this bearish channel EURUSD has to form a new patter like head and should to make a bullish reversal .so i am expecting a bullish bias for the next week on the EURUSD