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.
Eur usd is has broken its daily significant support level and now heading toward to daily level also moving in down trend under a trendline from H4 now we have entered a trade as we have spotted a bearish Engulfing on H4 time frame now we see
FX:EURUSD Break below Daily support, waiting for a retest to continue sell on EURUSD
EURUSD If the direction stabilized under 1.0654 it will touch 1.0603 then 1.0550 then 1.0509 if the direction reversed above 1.0654 and closed it will touch 1.0697,1.0736 then 1.0771 Pivot Price: 1.0654 resistance line: 1.0697 ,1.0736,1.0771 support line: 1.0603,1.0550 ,1.0509 timeframe:4H
EURUSD is still digging lower, recently attacking Sellside Liquidity in the form of relative equal lows and a Monthly low. On the Weekly timeframe there is nothing that piques my interest. Price has been going from PDA to PDA on its way down. I still anticipate it heading low for more relative equal lows, which coincides with my bullish bias for the DXY.
EURUSD! N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
The market has been relentless to the downside over the last 2-3 months. 0:0 Monthly timeframe 2:00 Weekly timeframe 5:35 Daily timeframe 8:45 4hr timeframe 12:35 let's zoom out a bit 12:30 1hr timeframe 15:15 Bias Fueled by Inflation data and technical confirmations, the market has continued is descent time & again. Tuesday Wednesday and thursday have closed...
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a 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. Fundamental analysis: Upcoming week on Wednesday will be released...
The support level in EUR/USD at 1.0640 seems to be holding so far. Previously on my yesterday's idea, I spoke about the support level at 1.0640. So, if this level doesn't break, traders can consider buying EUR/USD @1.0640-1.0650 with SL below 1.06 and TPs at 1.0750 and 1.0840.
The updated data showed that in August, annual inflation increased by 5.2%, down from the previous measurement of 5.3%. Core CPI, excluding food and energy, increased by 0.3% monthly and 5.3% annually. This downward trend was taken positively by market participants, particularly following the European Central Bank's (ECB) decision to raise the key interest rate...
Hello everyone, EUR/USD has been on a downtrend for the past 8-9 weeks. However, that could change very soon. 📌1.0640 is a support level, from where we have already seen a pullback of about 80 pips in EUR/USD. 📌The next support level lies in the 1.0520 region. 📌If the initial support level holds, buying the dip in EUR/USD with target at 1.0850 is a potential...
EurUsd Buyers in La la land or are we onto something here? 0:0 Monthly timeframe 2:10 Weekly tiemframe 5:26 daily timeframe 7:34 4hr timeframe 10:25 Let's talk interest rates 12:30 1hr timeframe At times the market has coincided it's bottom or top with a News release. Today we have the September Interest Rates release as our fundamental catalyst for a potential...
Yes, EUR/USD has fallen to a key support level around the May low. And that will likely deter some bears around current levels from entering short (depending on their timeframe). But given the potential for for the Fed to deliver a more hawkish message than money markets are pricing in whilst the ECB suggest they are done tightening, we're not discounting the...
After monstrous gains last week from EU bears, is the time up ? 🕓 0:0 Monthly timeframe 2:21 Weekly timeframe 5:28 Daily timeframe 7:00 4hr timeframe 10:27 1hr timeframe There are a few scenarios that we can observe here for Eurusd this week . 1. Eurusd Pulls up prior to Interest rates ( Stays above 1.065 Daily support zone) and continues to retrace with Interest...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...