DXY is strong against the EURO. I think EURUSD will rise little bit more and will go to resistance, sell only if you got a rejection otherwise dont trade.
Expecting EUR/USD to continue the sell and follow the current down trend
be carefull its so long time analyze and just trend
EURUSD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
King W. Harbmayg's Journal Entry #5 1. Review: I’m going with the trend. I have a proclivity to counter trend, sometimes without even knowing it. I’ve endured a series of losers of small losses in the past few days due to my lack of awareness of market structure. I have some bad habits that I am still rooting out. Here forth, I aim to be 'perfect' my ability to...
On the H1 time frame, prices are showing bearish order flow and facing bearish pressure from the resistance zone at 1.06500, in line with the 61.8% Fibonacci retracement and extension where we could see a further downside before prices reach the support zone at 1.05800. Prices are holding below the Ichimoku cloud, supporting the bearish bias.
The two specific levels mentioned are 1.03462 and 0.98358, which are referred to as support zones. These levels are important because they represent areas where there is significant demand for the currency pair. 🔴🔴🔴 In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967. This...
This situation has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I...
On the H1 time frame, prices are showing bearish order flow and facing bearish pressure from the resistance zone at 1.07080, in line with the 61.8% Fibonacci retracement where we could see a further downside before prices reach the support zone at 1.06200. Stochastic is approaching the resistance at 94.84 as well and a pullback to the resistance area at 1.07080...
Lets see if we get a 2nd OTE framework after taking PDH as we head down to the tp mark. Remember that today is a bank holiday in the US so I would like to have this trigger sooner than later or i will not participate.
Observation: Possible return long on higher TF for liquidity Overall trend: Bearish on D1 & W1 Confirmation: 2 BOS on 15, gap for price to retrace to from Fridays long move, 3/4 H4 candles not making highs Entry: after 2nd 15m BOS Stop: above previous highs Concerns: GU drop causing EU rise
I am looking to sell EURUSD. I will wait for a distribution formation on the 8:30-9:30 time interval. It is related to the DXY setup I posted earlier. I will update my entries.
price may go to the sell zone as i mentioned and reverses to the first target then we wait for the confirmation then to the next target ..... what will happen there that the price must sweep liquidity before continuing on its direction so there is a great rr on this pair for upcoming week we might see the price ranging so yeah set your mind analyze the chart...
EURUSD is currently in a minor downtrend after breaking the support of the ascending channel on the daily timeframe. However, the price has not shown strong bearish momentum, indicating that there may not be significant selling pressure. I anticipate that the price will continue to drop this week as the TVC:DXY DXY (US Dollar Index) rallies up, as EURUSD and DXY...
EURUS will if it rejected from the supply zone. Wait for the rejection then put sell trade on it.
Overall in a bearish trend with consistent LH LL pattern. Pair seems to be testing the level of 1.06279 which can be potential entry point for shorting towards the next level. EP: 1.06257 SL: 1.06492 TP: 1.05827 RRR: 2.19
For 2023 as a whole, inflation was forecast to be 5.6% within the eurozone and 6.3% across the entire EU. Inflation peaked last October at 10.6% in the eurozone but has been falling since, reaching 8.5% in January. The EU believes that falling gas prices, partly as the EU secures alternative sources of supply and compensates for the halt of Russian imports,...
Hello guys here is my EURUSD analysis for the next week