EURUSD Hello, The EUR/USD pair begins today's trading with additional positivity, breaching the resistance of the descending channel and trying to hold above it. If the direction stabilized under 1.0619 it will touch 1.0572 then 1.0539 then 1.0504 if the direction reversed above 1.0619 and closed it will touch 1.0658,1.0698 then 1.0738 Pivot Price:...
Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.
Hi, According to my analysis of EURUSD pair, there is a good opportunity to buy as the pair exits the pitchfork. We also notice the break of support and resistance at the level of 1.06100. All of these factors confirm the control of buyers. For further rise towards the level of 1.07550. good luck for everbody
Resistance Level 2: 1.0700 Resistance Level 1: 1.0650 Spot price: 1.0605 Support bit 1: 1.0560 Support bit 2: 1.0500 Yesterday on Tuesday (October 10), the euro rose 0.32% against the US dollar to US$1.06; the US dollar index =USD, which measures the US dollar against six other currencies, fell by about 0.15% to 105.79, which is far lower than the 11-month...
EURUSD New forecast The price perfectly fulfills my last idea and we get about + 45 pip . The EUR/USD pair was able to reach resistance, coinciding with the appearance of clear overbought signals appearing, which may push the price to resume the main downward trend again, but we have chances to overcome the current resistance and then begin an upward...
We have a busy claendar today for forex traders, with US producer prices data, FOMC minutes and several Fed members set to speak. Clearly this lineup has the potential for some larger moves on the US dollar, and that helps explain why the 1-day implied volatilty level for EUR/USD is nearly 200% of its 20-day average. What’s grabed our attention is that DXY has...
Last week, the Euro (EUR) fell below its yearly low 2023 for the first time in several months, and retrace back breaking through the bearish premium discount trend during the NFP news release. This suggests that a retracement may be imminent. As seasonal tendency also align that there is potential retracement in Euro and Dxy I am currently monitoring the...
Since the recent top from mid-July, EurUsd dropped 800 pips, counting from top to bottom. Recently, the pair found support shy under 1.05 and today, we are already in the 5th consecutive green day. Looking at the chart we can see that the pair is at a crossroads at this moment and anything could happen. On one hand, the trend is still bearish and under important...
Hello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are still bearish, so I am looking for a short position. I want price to continue the retracement to take out buy side liquidity and to fill the imbalance higher, then to reject from bearish order block + institutional big figure 1.07000. Fundamental analysis: Upcoming week we have a...
EUR/USD Bearish Resumption 📉 Dollar strength hints at a bearish trend resumption for EUR/USD after a pullback. Consider short positions with a clear entry point, stop-loss, and take-profit strategy. Manage risk carefully. 🚀💹 #EURUSD #Forex #TradingView 📉
as you can see there is a bearish divergence with MACD which is the sign of trend reversal and the price has started its retracement to Fibonacci golden Zone there are total of 3 TPs where 2TPs are the 50% and 61.8% of the Fibonacci retracements and the 3TP is for the upcoming impulsive wave and it has confluences with Fibonacci expansion -27%
Pair : EURUSD ( Euro / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame if it Breaks the Upper Trend Line then it will Reach Daily Demand Zone or Daily Descending Trendline and If it Breaks Daily Trendline then Long after Break of Structure with Divergence
EUR/USD in Focus: Dollar Weakness Signals a Retracement Opportunity 📈 Keep an eye on EUR/USD as Dollar weakness hints at a potential retracement. Don't miss out on the possible pullback and correction! 📉 #EURUSD #Forex #TradingViewAnalysis 🚀💹
Hello traders, I know most of you have been waiting for EUR/USD to reverse from bullish to bearish. However, for more than 10 weeks now, EUR/USD is a prolonged downtrend and we are seeing lower prices every week. That being said, EUR/USD has climbed back above the crucial psychological level of 1.05. If price breaks the 1.0520 level(hourly moving average) and...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
EUR/USD: Seizing Bullish Opportunities Amid Market Shift A noticeable shift in market behaviour on EUR/USD, especially on the lower timeframes, has prompted me to shift my focus towards potential buy opportunities. Join me as we explore the emerging bullish outlook for EUR/USD and adapt our trading strategies to these evolving market conditions. Stay tuned for...
EUR/USD Analysis: Riding the Forex Waves Amidst Dollar Strength As forecasted, EUR/USD witnessed a recovery following three consecutive days of decline, aligning with our previous insights. However, this forex journey is marked by ever-evolving dynamics. With the US dollar poised to regain strength, I'm now focusing on anticipating another potential downside...