EUR USD has formed a falling wedge pattern and a breakout has occurred. Now, we are waiting for a retest of the broken Lower High level for a buy entry. BUT EURUSD IS CURRENTLY TRADING AT THE 4HR RESISTANCE LEVEL
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. After price take buy side liquidity I see to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
I anticipate EURUSD to wait for a decline in selling pressure and for the price to enter a demand zone, providing an opportunity for an upward buy. Currently, my focus lies on the two 5-hour demand zones that triggered the recent CHOCH. This bias is more favorable as it aligns with the existing bullish trend in the EURUSD market. Despite my overall bearish...
we were right about our last outlook and with that we will continue to the long side. i will keep farming this trend as long as it lasts and so should you. as always dont enter without confirmation and size your position wisely
🕛 TOPDOWN - Bearish Momentum in a Multi-Month Downtrend Overview: The monthly and weekly analyses indicate a multi-month downtrend with the initiation of a current impulsive bearish move. The focus is on the daily timeframe for a detailed perspective. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure...
Euro Seems Strong against the Dollar, So it makes Sense to be on the Long side
Hello traders, We are approaching the holiday season and volume tends to drop, sometimes it's better to expect a more "rangy" price action. I wouldn't be surprised if it takes out the last H4 swing high and returns back to the range. Given that, I'm mainly expecting four different scenarios: 1) Price reacts to the current chain supply and pushes down during the...
Hello traders, hope you had a great weekend. Last Friday, we made some good profits of 100+ pips by selling EUR/USD at the 1.10 resistance level. Now, at the moment, the price is approaching a minor support. Whether the support level holds is another question. Price action tomorrow will be the determining factor. Although, as we approach the end of the year,...
EURUSD will likely to drop due to strong sellers presence price bounced up on after FED decision led DXY to drop heavily. Due to a sudden price increase due to economic data, price left massive gaps in the market. It is very likely that before any further big move we can pick this intraday trade idea.
The bias for the EUR/USD this week remains bullish, given the recent downward break in the DXY (Dollar) structure. Currently, the price has responded to a supply zone, leading to a partial retracement. My anticipation is for the price to continue its descent towards a demand level, creating an opportunity for me to consider buys within the ongoing bullish...
Hello fellow traders! Similar to my trade ideas on GBP/USD and XAU/USD that I published an hour ago, I have also sold EUR/USD because there is a lack of a follow-through in EURUSD. I believe EUR/USD will go the 1.08 level again. Selling EUR/USD@1.0910 with a Stop loss above the resistance box and TP at 1.08 is potential sell trade.
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.08000. Like, comment and subscribe to be in touch...
Note: This is not any call for buy or sell this is just my analysis based on my view over the market, please make sure you trade the market based on your analysis
EUR-USD - WEEKLY TREND LINE This is an extra view for eur-usd in macro terms
Dear Traders, After the NFP data, it came out to be mixed new while number of jobless claimed released higher than expected and previous month data. We are expecting price to breakthrough the trend line and we can maximize 200 pips or more. thanks for your support throughout it means a lot ;)
I originally initiated a long position at 1.0854 on November 16th. After the huge bullish day on the EUR/USD on November 14th, I decided that the potential run to the next long term median level (1.1500) was on the table and although there was a threat of a pullback and I would have to endure some drawdown, the Bulls should uphold support around the median level...
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,...
Hey Everyone, DXY will be volatile this week due to NFP and other strong data coming out from Wednesday to Friday market will be too volatile and keeping that fact in mind we think EURUSD may be bearish. Wait for price to come to red designated area so that we can enter short there. Once entered keep stop loss small and to you risk management. Target will be...