The main movement of EUR/USD this week was driven by statements expressing the views of the Fed and ECB with a strong increase from 1.0800 to the important resistance level of 1.1000 yesterday. This makes this currency pair face a rather interesting situation when Eurozone PMI data will be published this afternoon. Does the above data support the ECB's stance of...
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.
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: As I expected in my previous analysis price made a retracement and almost filled the imbalance. Now we can see a rejection from bullish order block, so I expect bullish price action upcoming days. Fundamental news: Upcoming week on Tuesday we will see monthly and yearly CPI results on USD,...
Previous ideas was on buying/accumulation phase, if you wait for the zone on future buyzone you can still trade this for a buy, for this week ideas, I will be watching the price if goes to the previous week highs. not trading or buying unless it gets go down there on my future buy zone. For scalpers still a buy, market manipulations can happen all the time. wait...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " a " Corrective Waves. Rejected from Daily Demand Zone. Strong Divergence in RSI. Making its " B " Corrective Wave that will completed at Previous Resistance or Fibonacci Level - 61.80% Entry Precaution : Wait for the Proper Rejection
Hello, According to my analysis of the EUR/USD pair, the market seems to be in a negative state, especially with the break of the ascending channel. We also notice that the price returned to test the channel. There is also a strong correction on the Fibonacci golden ratio of 61%. Good luck everyone
While it seems unlikely that US CPI data will influence the FOMC's policy decision this week, the market will keep an eye on the m/m core CPI data. If this index exceeds expectations, current inflationary pressures will certainly affect the timing of interest rate cuts in the future, however if the data is lower than estimates it could boost interest rate...
Easy setup for EURUSD: Downtrend, break the trendline, retest it and finally > pump. Of course is just a small pump before another possible down move, but setup looks clean enough to enter long. Target 1.085
This week's forecast for the EURUSD aligns with the breakdown observed in GBPUSD, indicating a positive correlation between these pairs. In the case of EURUSD, I anticipate further downward movement to reach a 19-hour demand zone. Following this, I expect a bullish reaction, propelling the price upward towards a more favorable supply zone for a potential...
EURUSD rejected nicely off of the Resistance Zone at 1.10 and fell to 1.07300! If you shorted at the Resistance Zone per my last analysis, hold that short! It's reasonable to take profits here around 1:1 Risk/Reward and swing the latter half, but will we make it to the bottom? How do we trade this? 🤔 If you're not currently in a trade, I would wait until the...
EUR USD 30m idea. we will be looking to enter this trade after a break of the LH Targeting a 1-3 RR What do you think ?
EUR USD has formed a Descending Channel retesting the previous 4-hour resistance turning into support. Now we are waiting for a breakout of the channel and a retest of the 30m LH for entry. What are you seeing on EUR/USD share your idea.
Hello traders, EU retraced to a weekly FVG and high probabilty order block we have also the SMT with DXY which is a signature that we could have a smart money reversal, For the next week I would be looking for buys but before that I need to see some bullish momentum coming out to the market and market structure shift .
EURUSD's daily chart showcases a strong bullish momentum, with a notable opportunity for a sustained buy position identified at the highlighted demand level in blue. This level, signaling a concentration of unfilled orders, suggests significant underlying strength. The envisioned long-term target for this buy position aligns strategically with the supply zone at...
The European Central Bank policymaker and President of the Bank of France said the ECB is not yet ready to consider reducing borrowing costs but will do so after 2024. Slowing inflation has allowed the ECB to clarifying the 2% inflation target from summer 2021, which could herald an adjustment in monetary policy. In addition, dovish comments from the FED pulled...
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.
OANDA:EURUSD caught a small lift against the Greenback (USD) in early Tuesday trading before reversing direction and heading back into bearish territory and is now probing into the OANDA:EURUSD pair's lowest prices in half a year. The broad US Dollar Index (DXY) is seeing a healthy bid across the markets, bolstered by a jump in US Treasury yields. German...
We have a change in structure in low times so it is likely that we will go to take liquidity up a mini-scalp