The currency pair EUR/USD experienced a drop to a fresh low of 1.0790 during the day, after reversing from a significant short-term obstacle. The downtrend is further supported by the breaking of a two-week support line, which is now a resistance level, and the calming uptrend of the MACD line. Additionally, the RSI line (14) has fallen to level 50, indicating the...
Fellow Traders, I would like to draw your attention to the recent price action of the FIBER on the weekly and monthly timeframes. Specifically, the FIBER had an indecision week on the weekly timeframe, failing to take out either the high or low of the previous week. Looking at the monthly timeframe, we can observe that the price action of Q1 (January, February,...
The EURUSD currency pair is showing a lack of momentum to the upside, with the possibility of a pullback to gauge potential uptrend continuation. Price rejection at the supply zone of 1.09114 and price closing below 1.08424 suggest trading back to the first demand zones. A double-top reversal pattern is also forming on the 4-hour chart, with price trading near...
same as other USD pairs, we will take the lead here from USD and not EUR currency strength. With all the fundamentals towards USD , i am of the opinion that EURUSD top is here with a potential short setup with 1. SELL at or near : 1.0831 SL 1.0950 TP 1.0 543 the trade might take time as USD is still waking up and EUR is still about to reach its resistance...
On Thursday, the EUR/USD pair is steadily progressing and is close to reaching the 1.0900 level before Wall Street opens. Investors remain optimistic as news related to banking has reduced and the aggressive monetary tightening case has weakened. According to recent news, Federal Reserve Chair Jerome Powell revealed the central bank's expectation of one more rate...
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.
Confirmation • Buy side liquidity taken out ✔️ • Break in Market structure✔️ Entry • At FVG on lower timeframe ✔️ • Above morning open ✔️ Target • Below equilibrium 🎯
EURUSD is showing breakout failure candle on the 50% retracement of the wave 3 down move, it can a good shorting opportunity for the next impulsive wave 5 where target 1 will wave 3 low
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 #EURUSD trend analysis, price action, market structure, price gaps, and touch on a...
#EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING...
Hey Traders, Trend line Breakout. DownTrend Continuation to 0.85
Hi there, Eurusd is resuming the downtrend on bigger timeframes, targets mentioned in the chart. Watch lower timeframes to set the entries, dont miss the drop. Good luck
We, the FxShzd team, are back with an update on our previous analysis of the EURUSD pair. As an always-interesting asset, the pair has continued to display precise movements, responding well to each support and resistance level. Our team has identified new supply areas, presenting an attractive short-term shorting opportunity. Notably, our first supply area...
EURUSD Tap H4 order block and Reject strongly now price is ranging if the price sweeps Asian low and then lower timeframe momentum shift i will buy at that point, or price Sweeps prvious day low and then lower timeframe momentum shift then i will buy. SELL SCENARIO If price sweeps Previous day high or price tap POI's then lower timeframe momentum shift then i...
EURUSD!!!! So we have seen a change of direction recently from this pair to even go further bullish into the coming weeks even though its been trending upwards since last year. But that's how funny this markets are always and I wont be surprised if its bullish majority of the year. So that being said we have spotted our POI for entry and price missed it last week...
Hello Traders, Hope you all are doing good!! I expect EU to go Up after finishing the current wave. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
This week, there are high-impact news events scheduled that may cause volatility in the EURUSD pair. The German ifo Business Climate, CB Consumer Confidence, and Richmond Manufacturing Index may affect the pair on Monday and Tuesday. The Pending Home Sales m/m on Wednesday and German Prelim CPI m/m and Spanish Flash CPI y/y on Thursday may also have an impact. The...
After analyzing the EUR/USD chart, it is evident that the currency pair is currently in a bullish move, as it broke the previous high and forming new higher highs. However, we anticipate a minor correction before the pair continues its upward momentum. We have identified a key level of supply and demands which detemined supply is for 4H. these areas are crucial...