EURUSD EURUSD hit rock bottom on Wednesday when it dropped to 1.0487 lowest since early march, this is all because of investors continue to be more interested in US DOLLAR. However, after analysing we find out that there few key economic factors that may play a huge role in the future of this pair. If ECB conveys tough message against inflation, this will...
On 30min, looking for pullback on DXY, to take out last trading day low's liquidity before continue to buys again till 107 zone
Eurusd no mercy for the Monthly candle closure here. 0:0 Monthly timeframe 1:41 Weekly timeframe 3:57 daily timeframe 5:51 4hr timeframe 7:49 1hr timeframe 8:01 what happened during today 13:40 Bias for upcoming session Today we observed a V-Shaped recovery on Eurusd fueled by missed GDP data. We can also attribute the pulback to an over-extended DXY,...
EURUSD Analyze Generally, the direction is a downtrend and now the price is under sell pressure to reach 1.05740 and 1.05456 if can stable under 1.05172 then we will see more bearish but if can stabilize above 1.05740 then the price will rise up and try to reach 1.06223, 1.06550, 1.07096 Support line: 1.05456, 1.05172 , 1.04888 resistance line: 1.06223,...
EURUSD 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: 1.0619 resistance line: 1.0658 ,1.0698 ,1.0738 support line: 1.0572 ,1.0539 ,1.0504 timeframe:4H
Hello traders, if you followed my yesterday's idea in EUR/USD, you have probably bagged 120 pips profit as I gave a buy call in EUR/USD@1.0490-1.0510. However, we still have another 200-250 pips to go in the next couple of weeks. 📌In the daily chart, EUR/USD has rebounded from a crucial support level. 📌The path of least resistance now is to the upside. Price...
As a trader, I have always looked at the fair value of assets that I am trading. This means I do not get carried away when the price of an asset falls or rises too quickly. This allows me to look for value and trade according. 📌EUR/USD breached the psychological 1.05 mark yesterday. 📌However, if we look closely at the chart, there is a fair demand at this...
Despite missed consumer confidence on Tuesday, Eurusd has been tanking and continuing the higher timeframe momentum. 0:0 Monhtly timeframe 2:56 Weekly timeframe 4:55 Daily timeframe 6:50 4hr timeframe 8:55 1hr timeframe 12:40 Bias We may also observe that the market is pulling down into the close of the monthly candle. The same concept which you may hear me...
EURUSD is in bearish trend my analysis is showing that it will braek its major support so all my indicators is showing bearish trend so that i am 100% bearish on this pair TREND 1D Bearish TREND 4H Bearish TREND 1H Bearish NO DIVERGANCE Flag continuation No Harmonics so over All waight of bears is more then bulls Please follow me for more good analysis and updates
EURUSD If the direction stabilized under 1.0539 it will touch 1.0504 then 1.0448 then 1.0390 if the direction reversed above 1.0539 and closed it will touch 1.0572 ,1.0619 then 1.0658 Pivot Price: 1.0539 resistance line: 1.0572 ,1.0619 ,1.0658 support line: 1.0504 ,1.0448 ,1.0390 The general trend expected for today: bearish timeframe:4H
The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar's strength was buoyed by optimistic U.S. economic data and anticipatory remarks from Federal Reserve officials. The U.S. dollar index, which measures the greenback against other major currencies, hovered around 106.58 after hitting an overnight peak...
EURUSD Analyze Generally, the direction is a downtrend and now the price is under sell pressure to reach 1.0515 and 1.0476 if can stable under 1.04338 then we will see more bearish but if can stabilize above 1.0515 then the price will rise up and try to reach 1.0574 , 1.0606 , 1.0646 Support line: 1.0476 , 1.04338 , 1.0391 resistance line: 1.0574 , 1.0606 , 1.0646
EURUSD New forecast The price perfectly fulfills my last idea and price reached our second target +70 pip. Trading in the euro/dollar pair stabilizes around the 1.0500 barrier, awaiting a negative incentive that will help push the price to resume the expected downward trend for the coming period, which targets the 1.0440 level as the next negative station , so...
looking bullish trend bec follow descending channel and abc pattern
When the Market trends down, support zones become resistance zones after candlestick closure confirmations. 0;0 Monthly timeframe 1:15 weekly timeframe 4:15 daily timeframe 9:00 4hr timeframe 11:45 1hr timeframe 14:00 Bias If you are new to the markets, that last sentence is probably a bit confusing. But really all it sums up to is that the market moves down in...
Already broke out of the consolidation phase and looking sweet for another short to continue with our existing short Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.07000. Fundamental analysis: Next week...
Looking for a long out of this montly demand zone. What seems also some bearish news the coming days for USD, what could help the price go up. Entry 1.05617, SL: 1.05529, just a bit underneath the lows of the todays London session. TP 1.06060, top of the candles of yesterdays NY session highs.