The price recovered in the last session from the lower border of the rising price channel, however this move has not created any significant price increase signals, so this is still not a good time for buyers to return. You continue to observe to see if any new signals are created in this 1.09 confluence area.
looking bullish trend in 4h timeframe follow 12345 waves pattern
Hello, According to my analysis of the EURUSD pair, the pair seems to be in a very negative state. With the break of the ascending channel with a large red candle indicating the strength of sellers. The strong support at 1.10000 level was broken. All of these factors confirm that we will witness further declines in the coming days. Good luck everyone.
The price continued to correct downward after being blocked at the 1.1200 resistance area. It is now approaching the 1.1000 conversion zone. You should pay attention to see if it creates a bullish signal here. If so, you can consider new buying positions following the uptrend. In case the price breaks this level, the next target will be around the lower border of...
The buyers were unable to hold the 1.10 resistance zone as the selling pressure rapidly increased, penetrating this resistance with a very strong force. It is likely that the price will continue to go down with these developments, the target is The next step will be around the lower border of the rising price channel. Trend followers patiently wait. If there is a...
In the current market scenario, there's a keen interest in the EUR/USD pair as it exhibits a potential bearish move. The price trajectory is notably approaching the crucial 1.07 level, following the formation of a distinctive right shoulder pattern. Traders and analysts are closely monitoring this pair, anticipating and analyzing any forthcoming downside...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame with the Breakout of Lower Trend Line. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave
Hello traders, EUR/USD has been on a uptrend fueled by some low-volume buying. Next weeks, when the big boys finally return to the markets and the trading volumes go back to normal, there might be a possibility that this entire move is faded. I have sold EUR/USD@1.1120 and I believe we could see a 100 pips fall next week. Technically, the next resistance for...
Hello traders, EUR/USD has finally broken out of the resistance level around 1.1020. In fact, as of now, price has breached the 1.1101 level as well. However, keep in mind that this is a low-volume trading session due to the Holidays. So, it could be a false breakout as well. A week later when normal trading volumes come back, we might see EUR/USD falling back...
Dear Traders, Happy Holidays, EURUSD recently had some short of correction and now there is sign that price may push towards 1.1200 price area before the NFP next week. A proper risk managed entry can give you around 150 pips. good luck and trade safe: all the best for new year 2024 , may this year fulfil all your trading goals.
EURUSD has slipped sharply in the past session, losing momentum as it approached the upper border of the rising price channel. Although selling pressure is returning, these are normal developments after breaking moves, a correction will bring giving bettors better entry points, you continue to wait patiently, paying attention to see if there is a bullish signal...
EURUSD increased in price in the last session, the upward momentum was not strong enough to invalidate the doji pattern previously formed on the daily. Although this bearish model has been invalidated, suggesting the possibility that the uptrend will continue, the breakout force is not really strong, you should not buy at this time, need to wait patiently.
In the short term we can say that the FX:EURUSD pair is bullish above 1.0930 (bullish scenario invalidation) on intraday chart. That said, from a technical perspective, we have already reached our previous Target around 1.1040 (see chart/idea below), and from this area a corrective structure should be logical with a potential ABC Pattern. If this idea is...
In this video analysis, we focus on dissecting the movements of EURUSD. We can see that the EU has traded into a significant resistance level. Below the current price level, we pinpoint an imbalance key support zones. Throughout the presentation, we delve into comprehensive trend analysis, intricacies of price action, the underlying market structure, while also...
Welcome back! Let me know your thoughts in the comments! ** USDJPY 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...
EURUSD has liquidity at 1.1065 price level and, also we are at the end of wave 5 expecting a dump from the trendlines
EURUSD has breached the 1.10 level, but we cannot yet consider this a breakout because selling pressure has also reappeared, shown by a notable Doji pattern on the daily frame. You temporarily stop trading, pay attention to the tops and bottoms of this model. If it breaks to the bottom, it will likely create a peak in the short term, and the reversal traders can...