Hello everyone, As you can see, the end of the channel hits a demand zone, so for that, we have 2 different scenarios The first one is a change if a channel will cross the point 1.0800 after creating Bos point and retest the Demand zone The second scenario is that the channel will continue descending by crossing the demand zone and retested once or twice. Please...
So the next trade i will took if it goes as planned is short on eurusd,as we see price is touching 0.5 fib retracment,i always put fib on a daily tf.Overall trend is bearish. Wait for some kind of a confirmation to enter a short position like a bearish eng,or a pinbar to see that bears are serious about pushing the price down.Happy trading everyone! entry around...
Similar to GBP/USD, EUR/USD has been on a relentless downtrend for the last few weeks. However, the price is at a very interesting level now. With FOMC event coming up, let us analyze and see if there is a chance for the bulls. 📌EUR/USD is currently around the key level at 1.0640. Price has in fact, shown a small bounce from this key level. 📌If the support...
--------SHORT TERMS CORRECTION--------- Although I am not bullish on EURUSD yet but it needs to correct until FED interest rate decision on Wednesday. I see clear path to the North now. But be aware of FOMC press release after the interest rate decision! New low is possible, I don't see any evidence of reversal.
You can see possible scenarios on the chart. the price after taking the sell-side liquidity can move higher to break the previous high and then touch the bearish order block. What I expect is the price test the lower price again and then start to move up. (Scenario 1) Since the price collected sell-side liquidity, it is possible to move to higher prices from...
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.
In this video, we conduct a thorough analysis of the EURUSD currency pair. Over recent periods, the EURUSD has faced notable downward pressure, resulting in a substantial move towards a critical support level. Within the video, we examine the potential for a trading opportunity based on our assessment of price dynamics, market conditions, current trends, and a...
Play until before the USD cash rate report. Seeing an upsurge on EU before the cash rate report.
EURUSD is a Forex instrument; by looking at the chart, we can see that EURUSD has been in consolidation mode for the last two months. It's roaming in the support ZONE right now. The consolidation band is contracting and might give a break this time. If it breaks to the upside, it can give nice targets of R: R:: 1:3. Reason : RSI moving up from oversold Zone....
Ladies and gentlemen, traders and enthusiasts, gather round as we take a thrilling ride through the twists and turns of the EUR/USD rollercoaster! Buckle up, because the European Central Bank (ECB) meeting threw us for a loop, but now, it's time for the bounce-back sensation of the season! Recap: Picture this - the EUR/USD pair, like a determined stunt driver,...
EURUSD stabilizing above 1.07449 will support rising to touch 1.07756 then 1.08289 then 1.09075 stabilizing under 1.06914 will support falling to touch 1.06369 the 1.06036 Pivot Price: 1.06914 Resistance prices:1.07756 & 1.08289 &1.09075 Support prices: 1.06369 & 1.06036 & 1.05503 timeframe: 4H
Hello Traders In This Chart EURUSD DAILY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EUR/USD languishes near six-month low, looks vulnerable below mid-1.0600 EUR/USD vulnerable after decisive break below 1.0700, resuming downtrend. A daily close below 1.0650 suggests the pair remains vulnerable to further losses as it looks for the following support to emerge at 1.0625 and then 1.0595. A rally above 1.0830 will change the current outlook to neutral.
I'm watching closely how price reacts when it goes back to test 1.0700 fresh level that has been created now, if we get the pullback to this supply level, then i would be lookng my entry criteria to get involve it. let me now what you think in comment, like and share please much appriciated
EURUSD Analyze Generally, the direction is a downtrend and now the price is under sell pressure to reach 1.0733 and 1.0705 if can stable under 1.0733 then we will see more bearish but if can stabilize under 1.0733 then the price will rise up and try to reach 1.0760 , 1.0790 , 1.0838 Support line: 1.0705, 1.0676 , 1.0639 resistance line: 1.0760 , 1.0790, 1.0838
EURUSD is currently undergoing a retracement, approaching my initial entry point, which presents an opportune moment for a potential re-entry. Upon the completion of this retracement, I anticipate a continued downward trajectory for EURUSD, potentially leading to the establishment of a new lower low.
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.
Currency Pair : EURUSD Possible direction : Bullish/Bearish With Main Refinancing Rate and Monetary Policy Statement coming up, there is very high chance for EURUSD to fill the FVG that has left daily 20EMA as the pricing in 4h moving with a bullish channel. Todays price still above the previous daily low, means, very high probability bulls will try to keep the...