Hello traders, in my last week's EUR/USD update I advised buying when the price was near 1.0550. That buy trade generated nearly 100 pips profit. Currently, EUR/USD looks all set to reach the top of the price channel at 1.0720. That area also happens to the 100-day EMA level on the daily chart. So, it needs to be seen how price reacts if it reaches the 1.0720 level.
Dear traders, I understand most of you are waiting for an uptrend in EUR/USD. Well, it might have just began I will give you the technical reasons on why EUR/USD might move upwards. Firstly, notice the pinbar candlestick in the daily chart, which usually leads to trend reversals. Secondly, notice how the price has bounced back from the channel support. So, a...
This week I will be covering my sell setup idea towards an area of demand to end up buying with the trend. However due to DXY shift in trend, I will be looking for buys for EURUSD later on. Currently as of now price is inside an area of a 4hr supply zone so im expecting price to react off it to cause a retracement back down. Scenario (A) - Is for imminent sells...
Now that the candle already touched the 1.06520 we are now waiting for a strong confirmation if it will break the end of Confirmation area which is 1.06700 then we will decide if we will Buy or Sell
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Now price is in bearish order block and we could see a rejection only if price changes the structure on lower timeframe. I see a potential downside price to fill the imbalance lower. Like, comment and subscribe to be in touch with my content!
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...
EURUSD New forecast The EUR/USD pair succeeded in attempting to breach the level of 1.0632, and after that it found strong resistance at 1.0664, to remain confined between the pivotal levels, which makes us continue our neutrality until the price is able to penetrate one of these two levels to determine the next targets more precisely. therefore breaching the...
EURUSD New forecast The decline of the euro/dollar pair stopped at the level of 1.0545, rebounded upward, and begins the day with an additional rise to trade above the support of the ascending channel again, facing a conflict between technical factors that makes us prefer to stay neutral until we get a clearer signal for the next direction. We point out that...
☝️Dear traders, no one here has super powers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or force my...
EURUSD The price made a bearish breakout of the contracting structure, the price is currently at the support area, if price manages to break below the support area If price stays below support/resistance structure I expect the price to move lower.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided...
In a strong downtrend recently, brief dead count bounce at a strong demand level. Still above this level for now. Bearish divergence on the MACD. Rejected off the 50EMA and the RSI 50 level, which could be early confluent factors to suggest the trend is still intact for now and this is a lower high before trend continuation. DXY 4H chart attempting to breakout of...
In this video, we provide a comprehensive analysis of the EURUSD currency pair, with a particular focus on the current bearish sentiment in higher timeframes. Throughout this presentation, we explore fundamental aspects of technical analysis, covering elements such as the ongoing trend, price movement dynamics, market structure, and other essential components of...
Looking at the charts on the weekly TF, price is attempting a retest on the previous support already broken. If it holds as a new found resistance we just might see price push lower on $EURUSD. For now, I'd rather wait to see the way price will choose to move. Key area in focus is 1.06964 Happy trading. Follow and like for more. Thanks Disclaimer: All trade...
Hello TradingView Family / Fellow Traders Today we have an analysis of EURUSD in 1 Hour First, we have a change of character Secondly, we see that we have a good OB that we can rely on to enter a buy trade, so we wait until it gives us an entry signal in conjunction with the OB. Which scenario do you think is more likely to happen and why? 📚 Always follow...
Hi trading friend, so, EURUSD has a strong bullish push this morning, but she has fallen a bit since. I do think it's important to keep your eyes on her if you watch her on a day by day or week by week basis to see if a new high will be made or if she will continue her overall bearish movement based on the higher timeframes.
EURUSD struggled to build on yesterday's gains and experienced a decline since the start of Tuesday's Asian session. The surge in the US Dollar index exerted additional pressure on this currency pair, causing it to slip below the critical 1.0600 level. The anticipation of a more stringent stance by the Federal Reserve (Fed), supporting the upward trajectory of US...
Pure technical analysis. Dynamic support broken in August, dynamic resistance broken on October 23'. Due to Ichimoku Cloud indicator, we are still in bullish trend of high volatility, BUT! Price is inside the cloud, which means that for now, market is undecided about further direction. Conversion (Orange) and Base (Grey) lines are above the price action...
Hello traders, sometimes, it is essential to analyze the charts in the weekly timeframe to get the bigger picture of the trend. Of course, it doesn't mean that you must take your entries on the weekly timeframe. So, if you look at the weekly chart of EUR/USD, the very first thing that you would notice is the weekly support around the 1.05 area is unbroken...