in notation b as an invalid area, I see that there is a possibility that the price will retest to area b before the price will go down
Fundamental Overview The Euro currency is being strengthened by the anticipation of future interest rate hikes by the European Central Bank. Despite a drop in inflation, the ECB's Philip Lane stated that keeping interest rates at their current level would not be appropriate. As a result, the market's response to the recent release of German consumer inflation...
EURUSD is bullish on weekly and daily At the moment there is a sell reaction from a daily supply. We can't tell if there's enough orders to make a deeper retracement. Or if the supply zone would hold.
The EUR/USD pair experienced consolidation last week despite maintaining its bullish momentum. The 1.10422 supply/resistance level held strong, leaving traders wondering how long this resistance will persist. The uptrend remains intact on daily, 4-hour, and 1-hour timeframes, with price rejecting from the 20-day EMA and MACD above the zero line. However, the...
Current EURUSD is in strong bullish trend, You may buy from dips as long as trend remains Bullish Key event of the week is FOMC & NFP GOOD LUCK !
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Hey traders, here is the analysis for the EURUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
In this video I go over the price action for this week (Friday April 28th) and what to look forward to in next week's potential price action.
The EU currency has recently completed the B leg of an ABC pattern, suggesting a potential reversal to the downside. While there is a bearish bias in play, traders should be cautious and wait for reversal patterns to emerge before taking action. If no reversal patterns develop, it may be wise to stay out of the market and let the price continue its current trend,...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that EurUsd is approaching a quite obvious previous weekly support/resistance area at the $1.10 level which is now acting as strong resistance. You can also see that weekly market structure is overall still bullish, moving averages are...
Eurusd in 1year will in my bet go to 1.17 or through good economic sentiment to 1.22 or 1.23 Lets see, I'm bull in this one Just in demo account. This is not an investment advisory, there are risks investing real money.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR - Where to next? $ OANDA:EURUSD FX:EURUSD On the docket today is US Unemployment Claims - Which should shift the markets to either direction and at end of the week PMIs EUR: Currently within range Highs: 1.09992 Lows: 1.09095 A break of the highs I expect EUR to re-test the previous highs of 1.10555. However, if we are to break this trendline up and the...
Policy rates are unlikely to have peaked at 3.00% Largade & Co's decision to not take any immediate steps to address the current financial conditions is viewed positively. The rates and FX markets indicate a conditional path where policy rates are probable to remain below 3.00%. As a result, the EURO is expected to perform well against other currencies and may...
In this video, we take a close look at the EURUSD. We can see that it has traded into a significant resistance level. Below, there is a price gap and sell-side liquidity in the form of stop losses, which could potentially attract bigger players. During the video, we discuss the NAS100 trend analysis, price action, market structure, price gaps, and touch on a...
I am providing an update regarding our last position, and we are still waiting for the price to gather more liquidity for a downward movement. Our analysis has identified two supply areas that may serve as favorable positions to short EURUSD. However, it is imperative to ensure the presence of reliable confirmation signals before taking any such position. Please...
US Dollar's position as the primary global reserve currency is being challenged Over the past two decades, the proportion of the US Dollar in the global market has declined from 71 percent to 59 percent. There is a possibility that this share may decrease even further in the future. This situation adversely affects the United States since currency usage in...
Hello, according to my analysis of the euusd pair. There is a high possibility of a rise, with the price retesting a very important support area. At the level of 1.09200. And a strong correction on the golden ratio of Fibonacci 61% for this corrective wave..Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...