Hi all, Been a while since I last posted due to me taking time out the markets and what not, anyways enough of the boring stuff lets talk about EURUSD shorts! So my bias on the EURUSD coming lower (Or EURUSD SHORTS) is based of several factors such as them being; 1. We have market structure 2. We had fundamental data 3. Price charts 4. Moving averages...
The last 3 - 4 weeks have seen prices continue to climb hereby finding uniform higher highs and higher lows which culminated at the breakout of the $1.0000 area during the course of last week's trading session. Will the breakout of the key level at the $1.0000 mark be a true or false one? As we look forward to a variety of high-impact events for the week, we will...
The trend on EURUSD remains strongly bearish. The breakout of a trendline and a bullish channel may signal the end of a bear market rally and we could see price move lower. We can also see market structure remains bearish as price continues to make new lows.
EUR / USD to trend higher since the ECB is still way behind the FED on rates? EUR / USD: the pullback over the previous four trading days seems corrective from the +2.6% 30-day increase; the break above the 0.9820 level could provide a solid floor and potentially may have triggered a bull market signal; provided price can remain above the key support at...
I didn't enter this trade, however, this is the trade I forecasted this morning. I missed entry because I was backtesting, very frustrating but there are plenty more opportunities. You cant catch them all.
Price is starting the week looking bearish (for Monday). We have a considerable liquidity void that must be filled between 0.99350 - 0.98700. We could see a price increase into Asia's low and retrace to the downside. I will be looking for entries between 0.99400 - 0.99550.
When it comes to the technical analysis of EURUSD , current market structure clearly shows the signs of uptrend. On the chart I have marked previous resistances and used them to draw a trend line. Now that line is acting as a support. We have already seen strong rejections from that area and the price likely to break R1 trend line. If it does, we are going to...
EURUSD Break out The symmetricle triangle EURUSD has been trading with in a triangle.. Recently the price took support from lower side and now approached to the higher side. not a financial advice like follow pleaase
Hey trade, I hope you're having a profitable week ;) As you can see the price has been in a downtrend from June 2021. It formed an H&S pattern that was followed by a 3-level drop. The last level will be confirmed by either this months or the following months bullish reversal candle pattern close around where the price is at. That reversal candle will start a...
Eurusd Wyckoff Accumulation Schematic 1 Found on daily time frame .. huge rally expected noveber First week like follow and comment your views ,,
Previous EURUSD forecast mentioned the price could reach $0.99134 and the price succeeded in the first two days. With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will move down. The price is falling down and the next support is at $0.96716 where we have a demand zone where the sellers will...
The price reversed from that demand zone and formed a strong bullish engulfing candle that took the price back to downtrend channel resistance line which is a small confluence of resistance with supply zone at $0.98300. Higher price level where we can expect the price is around $0.99134 which is the first strong resistance for the price. On a weekly time frame...
On the monthly/weekly timeframe price is full bearish but it’s on this major support zone that the price got rejected from it twice so m expecting a bullish move before any bearish continuation. The daily is bearish expecting a pullback to the previous high and also the golden fib number 4h; price is consolidating M looking for the price to break above the...
As we can see price broke below the 1.05000 psychological number breaking the structure and continuing to make bearish swings, currently price is at a monthly resistance we may expect a correction to the broken S/R based on the lack of momentum on the monthly candles but the overall trend is bearish. On the weekly and the daily the market is volatile, it barely...
EUR-USD broke the falling resistance And the breakout is confirmed So there is a high chance for us To see a move up after the retest Of the broken level
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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. Press like button if you enjoy this content 😊
lets look at how the daily closed in the start of the week (im writing this while asia just started tuesday today) notes: took out previous monthly low but failed to close below it showing indecision in price action we might see the following day price pushing higher and also note an ECB rate decision is due this week OVERALL I AM STILL BEARISH we might...
The Structure is looks good to me, waiting for the this to correct and then give us these opportunities as shown on the chart. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the...