If the calculations were done correctly, the possibility of creating a correction or a downward-corrective step for the Euro-Dollar is conceivable.
Price is not well price here at 1.09410 and even though this might not be the best setup, try to manage risk if entering. Look for how price will react to the demand zones below. I see 1.09100 as a liquidity zone and i am looking out for price to come in here and give a confirmation entry at the 1.08770 zone.
reason: market structure = bullish break of structure fair value gap
Looking for a 4h close above structure and blue zone look for buys. Alternatively I would wait for the pull back and rejection from the bottom rather than trying to sell into an uptrend
EUR/USD targets 1.1000 on weaker Dollar post-Payrolls EUR/USD picks up extra upside traction and opens the door to a potential test of the psychologial 1.1000 hurdle on the back of increased selling pressure in the Greenback following February's Non-farm Payrolls (+275K). 1.0960 (Fibonacci 61.8% retracement of the latest downtrend) aligns as first resistance for...
hello guys . after DXY dollar index fall last week eurusd started a beautiful bullish impulse that broke several key levels and pd arrays . am expecting this week to be another green candle targeting last week high as a first target but since Friday candle closed as an inversed hammer am expecting Monday to be bearish and give us pullback towards the poi where...
EUR/USD picks up extra upside traction and opens the door to a potential test of the psychologial 1.1000 hurdle on the back of increased selling pressure in the Greenback following February's Non-farm Payrolls (+275K). EUR/USD targets 1.1000 on weaker Dollar post-Payrolls EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a...
My bias for EUR/USD this week aligns with a potential upside movement, mirroring Scenario (A) in my analysis of GU. While I anticipate eventual selling pressure, there's currently no clean unmitigated supply zone that catches my interest. Instead, I foresee a retracement to the 10-hour demand zone for a potential buy opportunity, aligning with the current upward...
as we have seen a good move in EURUSD and it has taken a fly high after NFP brought in so we will be seeing a drop to this volume candle retracement and we will be buying this pair after it completes 68% or 78% retracment to this level and we will be intrested in buying this pair as this pair is also moving in a parallel channel so it seems like it will continue...
Hello everyone! - Here's my view on EUR/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a weak USD. That's why I see EUR/USD rebounding in the zone and dropping for reaching my buying zone and then...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
FOMC minutes soon, placing three limits for EURSUD. 1% risk first and 0.5% risk others. Total 2% risk per phase.
The EUR/USD pair has made significant gains, breaking above the key resistance level of 1.0850. This surge comes as the US Dollar struggles, while hopes for early rate cuts by the European Central Bank (ECB) diminish. The price action, as analyzed from our initial reference point, indicates a robust uptrend, with potential to surpass the next resistance at 1.0866...
Today EU had a fairly strong daily close. Also, DXY rejected from some key daily levels. My Daily DOL is Monday's high. We also saw SMT divergence at the lows (EU failing to make lower lows while DXY made higher highs). I want to see the H1 discount bullish arrays respected, to then look for a bullish displacement entry trigger on M5/M15.
Euro is so likly to start a big rally soon. If you check monthly timeframe, it can break the range for at least 2 legs upward
Here is a bigger picture of what i see for EURUSD. So even when i want to take a long, is till see a more potential zone below. We can only act by what price presents. So the long from 1.08470 it is for me until otherwise. See the comment for 5min entry criteria.
The overall trend is down but am open to a long if there is a 4h close above structure causing a break of the down trend. Otherwise I will wait for a 4h close below the blue zone and a lower low close on the 30m time frame