Outlook for EUR/USD: Davos Insights and Fed Speeches Several ECB officials are expressing opposition to rate cuts, potentially helping to curb losses in the EUR/USD, which is currently testing the 61.8% Fibonacci level after a more than 0.7% drop. Davos has prompted ECB officials to share their views on the Euro Area's prospects and their positions on the...
I will be looking for confirmations on this short. The higher time frames aren't giving anything away so I am basing my idea on momentum. I will not enter this setup without string confirmations
Sell opportunity in the FX:EURUSD with a target at 1.09320 for a profit of 20 pips.
EUR/USD Analysis: Targeting a breakout to the downside? The EUR/USD currency pair seems poised for a technical breakout. Analysing the 8-hour chart reveals a consolidation phase since the start of the year, following a decline below 1.1000, with this mark acting as a resistance level on two occasions since then. Currently, EUR/USD is resembling a...
i think eurusd breaking of the weekly trend, it seems that the 50 fibo will at least correct.
EURUSD was rejected twice at the Resistance Zone and ended last week with another leg up. Should we short here? How do we trade this? 🤔 We had a decent entry last week, but that ended with a surprise leg up into the Resistance Zone. We now have a sell signal at the top of the zone, but need to wait for a strong bear bar closing on or near its low below the...
Since the last outlook, we saw some bullish development on EU. However the price delivery was not very clear, so I stayed out of this market. Current update is in the chart and please feel free to send your questions below. ☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm...
EU breaks out of correction after breaking out of an Ascending trendline
Sell opportunity in the FX:EURUSD with a target at 1.09230 for a profit of 20 pips.
EUR USD has formed the Head and Shoulders Pattern on the 4hr timeframe We are looking to go short from the second shoulder which acts as a strong resistance level. What do you see on EUR USD ?
The daily chart for the EUR/USD pair shows it remains pretty much neutral for a fourth consecutive day. The 20 Simple Moving Average (SMA) maintains its bullish slope but acts as dynamic resistance around 1.0970. The longer moving averages, in the meantime, remain directionless, far below the current level, while technical indicators head nowhere around their...
Hello Traders ! This is the EURUSD Technical Viewpoint in The Long Term . Following the most recent corrective move we experienced at the beginning of this month, we see the price rejecting a significant region of supply that is now serving as a resistance level at 0.9980. We anticipate a further decline as we fell back below the 0.9880 support zone. Risk...
Sell opportunity in the FX:EURUSD with a target at 1.09600 for a profit of 20 pips.
Hello Traders1 This is my idea related to EURUSD M15. We can see a structure change in the chart, I still see DXY as weak, that's why I expect an increase of EURUSD until the price of 1.10000. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Hello traders, We start the week with the price having filled and closed within the fair value gap on Friday. Although the general trend for the past weeks has been bearish, I see this as a retracement for the price to go up to 'Take profit' and capture more sell orders. I'll be glad to hear your sentiments. Leave a comment. Thank you.
Sell opportunity in the FX:EURUSD with a target at 1.09000 for a profit of 20 pips.
Sell opportunity in the FX:EURUSD with a target at 1.09387 for a profit of 20 pips.
OANDA:EURUSD EURUSD (H4) Sell now (1.1113) Stop loss at 1.11450 TP 1 at 1.10430 TP 2 at 1.10100 Divergence of RSI Note: Capital management 2%