This is an update on the EURUSD analysis I shared last week with you guys, I was anticipating to see EURUSD trade higher to then trade lower and take sellside liquidity BUT now having seen how the WEEKLY time frame of both the EUR and the DXY are, I'm convinced we should anticipate buys to see buyside (The high Marked As A Weak High) liquidity taken, We would do...
Hello Traders, currently I see Bullish EURUSD again. Have good week. - Mr. Touraj Ostovari
**Monthly Chart** EURUSD monthly timeframe shows the price is in a narrow range between 1.0700 and 1.1000 which needs to break on either side. **Weekly Chart** The price movements looks very clear when you move into a weekly timeframe, although the market is moving in a range. There is a ring high formation as of 25Dec2023 weekly candle, which tested the...
Hello everyone, EURUSD 4H NEW FORECAST Expected scenario The euro price against the dollar rebounded lower after testing the 1.0860 level, which formed a strong resistance against the price, which will push the price lower during the coming sessions, on its way to testing the 1.0800level as the next main station. The bearish bias will be likely for today,...
EURUSD Is going up in the near future. The trend is clear to me. I was looking for the best level to enter long, and 1.079 is the perfect place for me to open a swing long. My target is the resistance area at 1.092
What a Trading day.. a Continuation followed by a sharp selloff. The continuation was called out here at ShrewdCatFx and the Selloff was punishment to late buyers I suppose. NFP data tomorrow will likely take us for a ride as It typically does.. Direction? I'm leaning for more upside despite our weak Daily candle closure today. Why? I like the optimistic remarks...
Coming bullish / bearish directions. Have good investment.
Hello trader, our previous idea yesterday about buying EUR/USD@1.0730 zone was super hit as price went up more than 120 pips from the lows. (We have linked the previous idea below for you to cross check) Currently, price is well above the 1.0720 support zone. So, we can say that the support zone is unbroken. In fact, price has also moved marginally above...
In this analysis of the EURUSD on the 1-hour timeframe, I'm observing how the price behaves around the 1.08500 supply zone. My intention is to confirm a potential short-term selling opportunity as a countertrend move towards the next demand zone at 1.07838. Once this short-term move plays out, I'll be looking for confirmation on a possible long position from that...
Hello everyone, EURUSD 4H NEW FORECAST The 1.0765 level was broken after closing the daily candle below it, which supports the continuation of the expected downward trend in the intraday term. The price is affected by the previously completed double top pattern. Setting the next target at 1.0685. The moving average 50 continues to support the proposed bearish...
Anticipating a pullback with London session to clear Fomo liquidity. Depending on the amount, we may observe a pullback to 1.07435 4hr Resistance zone. If the market is extra stubborn then we may see a more sustained pullback to 1.075 area. Manufacturing data during NY session today surprised to the upside and beat the forecast creating a dramatic selloff on...
Hi Traders, it's good time buy EURUSD. Have good statement. Get Lucky ♥
Technically, EUR/USD has formed a BULLISH BAT harmonic pattern in the four-hour period, and according to the candles formed on the chart, there is a possibility that the price will increase to the 50% Fibo resistance in the range of 1.0853.
EURUSD hits important support zone at 1.07250. It's a weekly and daily support zone and i expect a reversal here, with a take profits at resistance zone 1.076
EURUSD LONG Daily TF Daily TF: 4H TF: 1H TF: Trade to be initiated only when price closes above Blue Sloping TL. Otherwise, Trade should not be initiated. THe pattern formed is deformed Inverse H&S found in Daily TF. Stop Loss should be 25 to 30 pips after initiating the trade or 5 pips below round figure of 1.07
EURUSD LONG Daily TF: 1H TF : When EURUSD closes above 1.0800 and above the blue sloping TL (inner TL), then an entry can be initiated to target 1.0935 If EURUSD doesnt break the blue sloping TL (inner TL), then trade should not be initiated
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. Half of the movement has already passed, and now I’m waiting for the break to the level of 1.07 and from there I’ll start working from the long position. This week we will have important news on the labor market, because it was the labor market that Powell pointed out...
This is my anticipation on the EURUSD, our daily time frame recently broke structure to the downside, we would then do good to anticipate a pullback after the expansion BUT before we can anticipate that pullback, we need to see or have a confirmation in price on a time frame lower than the daily which will confirm our bias for the bullish pullback, as showed in my...