EUR-USD fell down but Has reached a horizontal Support of 1.07361 from Where I think we will See a bullish rebound !
Most Asian currencies fell sharply in the past two sessions, as the market began to reassess the possibility of the Fed cutting interest rates soon. Higher interest rates for longer reduce the appeal of risky, high-yield assets and also limit foreign capital flows into regional markets. Powell's comments late Sunday reiterated the Fed's earlier message that the...
EURUSD fell from the Resistance Zone into a two-legged pullback around the Daily 30EMA. There isn't much for bear strength, so are we in a position to long? How do we trade this? 🤔 A long could definitely be justified if we get a strong bull close above the Daily 30EMA. We have a two-legged pullback from the Resistance Zone, several doji and weak bear bars...
We can see that the EURUSD has been under pressure lately. It is currently trading down into a key support zone as shown on the chart. Previous 1D lows are the draw on liquidity. I'm anticipating a retrace and looking for a potential sell opportunity if we see a move into the 50-61.8% Fibonacci level. T1 at previous low and further targets would be a bullish order...
For EURUSD this week, my analysis closely mirrors what I've observed with GBPUSD. I anticipate a similar scenario unfolding, where I expect price to dip slightly further to interact with the refined demand zone on the 2-hour timeframe. Following this interaction, I'll be on the lookout for a bullish response. Alternatively, if price doesn't reach this demand...
EUR/USD is showing a bullish trend in the 4-hour timeframe, marked by a breakout from a falling wedge pattern. The price action is currently conforming to an ABC waves pattern, suggesting potential upward momentum. Traders might consider monitoring this development for potential trading opportunities aligned with the bullish bias.
The EURUSD is currently situated in the Daily Demand area, signaling a possible dominance of buyers. The existing upward trend remains intact unless there is a break below the critical Higher Low level at 1.07250. Being within the Daily Demand zone, the EURUSD indicates a positive outlook for buyers, with the upward trend likely to persist as long as the crucial...
The EURUSD is presently within the Daily Demand area, indicating potential buyer dominance. The prevailing uptrend persists until a breach of the 1.07250 Higher Low occurs. Currently residing in the Daily Demand zone, EURUSD suggests a favorable scenario for buyers, maintaining the upward trend unless the crucial Higher Low at 1.07250 is breached. I'd like to...
Nice breakout and pump on EURUSD. My plan is going well, and i think it's time for EU to pump. My first taget is 1.10. I exclude a retest of this local low, but we could maybe see a pullback to 1.086 before bouncing up again.
The US greenback is on course for its maximum giant month-to-month benefit on account that September, with a 2% benefit towards a basket of main currencies as January ended. The boom changed into attributed to marketplace modifications to the tempo and quantity of anticipated hobby fee cuts, stimulated through sturdy US financial facts and competition from...
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...
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....
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,...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Long Time Frame. Completed Impulsive Waves " 12345 " Bearish and " AB " Corrective Waves. Exp FIAT as an Correction in Short Time Frame need to wait until it Rejects from Upper Trend Line or Demand Zone
The dollar rose slightly early in the day after being mixed in yesterday's trading. Rising Treasury yields of late have supported the greenback. US stocks also saw late declines, although technology stocks again outperformed as the Nasdaq index closed up 0.4%. The S&P 500 managed to rise 0.1% while the Dow closed down 0.3%. US futures are currently flat. In the...
4H TF - BULLISH divergence - Breaker block confluent with 50% Fib level - Break and retest of Bearish trendline liquidity - HH established 1H TF - FVG sustained as a breaker block