NEW FORECAST The price of the euro against the dollar is testing the first pivotal resistance 1.0900 and maintains its stability below it, and the moving average 50 meets this level to add more strength to it, so that the bearish trend scenario remains effective for today, whose targets begin with breaking 1.0880 to head towards 1.0860. We note that the...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement RSI - Divergence Break of Structure Falling Wedge in Short Time Frame
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello Guys, as we can see yesterday we got a massive displacement in eur usd pair for downside after a long consolidation, i am expecting the current trend to resume and target further levels in form of various sellside liquidity resting below around discount levels in the eurusd . so for short term we will going to see a retracement phase downside and we will...
EUR/USD buyers took a break last week, leaving the weakened US Dollar some room to marginally advance. The EUR/USD pair was down from its Monday opening at 1.0938 and settled at around 1.0890.
The continuation of the upside momentum in the US Dollar kept EUR/USD depressed and prompted it to challenge the area of the key 200-day SMA prior to the key FOMC gathering on March 20.
as EURUSD had an effect over NFP lastly now its working around its strong support level as it broke Resistance become support and also taking support on this level we will be buying this pair
HELLO TRADERS As I can see EURUSD is not trading near a strong resistance level, and it is expected to drop till design levels friends it's just a trade idea has look on other trade ideas this week why we are selling share Ur thoughts with us it helps many. Stay Tuned For more updates!!!
In my previous analysis of FX:EURUSD , I mentioned that once the pair breaks and stabilizes above the 1.08 zone, we could expect a rise toward 1.1. Indeed, that scenario played out, and after reaching a high near that zone, EURUSD began to correct. Currently, the pair is trading near an old resistance, which has now turned into support. Typically, we would...
I was expecting more upside on EURUSD, but looking at the chart it looks like is going to retrace till support area t 1.080. I am not entering right now, i expect a little bounce and a retest of the resistance zone at 1.09 before the drop. I placed a sell lkimit order here
EURUSD Short Swing trad now this time frame EASYMARKETS:EURUSD
After a brief recovery to the neckline of the double top model, selling pressure became stronger again, creating new bearish signals. These new signals are strengthening the possibility of EURUSD falling, you continue to hold existing short positions, the short-term target is around the support threshold of 1.08.
Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from...
Hi Traders! From a technical point of view, the trend is bullish on the daily chart and channel breakout should confirm another bullish leg in the short term, so the next session will be very important, let's see. Last week we followed the EURUSD pair on intraday chart, are you interested? Click on chart below: Trade with care Like | Share | Comment
After reaching the 1.0970 level, EUR/USD has pulled back strongly and currently, price is hovering below the 1.09 level. With the super-important FOMC event on Wednesday, major market players are on the sidelines here. Technically, the dynamic support on the 4H chart is holding so far. We recommend traders to stay away from executing any new trades before the...
EUR/USD broke below the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-hour chart dropped below 40, highlighting a buildup of bearish pressure. On the downside, a strong support area seems to have formed at 1.0870-1.0860, where the 100-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the...
The EURUSD has reached a critical support level on the daily chart. Look for a potential bounce to retest previous resistance levels.
EU is following a pattern similar to GU as anticipated, so the approach will be similar. I'll be seeking buying opportunities near the current price, given the presence of a 6-hour demand zone that prompted a Breakout to the Upside (BOS). If price approaches this zone, I anticipate a Wyckoff accumulation formation before entering buy positions. However, there's...