#EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and...
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.
EURUSD 4hr short ⚠️ USD NFP on the 6th, half risk. Shortstop @ 1.05571 TP #1 @ 1.05093 74.51% wr TP #2 @ 1.04608 60.78% wr SL @ swing high 1.07136 15.69% hr WR and HR determined by past trades made on this timeframe on this pair more trades like this on Bifrost trades and on my page.
As you can see, price is on a trading range for a week and has a strong support on 1.055. This analysis is base on breaking the support. Now we can define our expectation: potential sell zone: 1.0685 to 1.071 Targets: 1.055 1.036 1.022 💡Wait for update! 🗓️29/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
EURUSD pulled back to the consolidation zone. Consolidation zones typically act as both support and resistance. The market is testing the psychological level of 1.6200 and is in the middle of consolidation. We expect a retest of the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Since the end of September last year, EurUsd has started to rise and managed to recover more than 1000 pips from its 2022 losses. Although in long term I believe that the bearish trend will resume, in the short term more gains could happen. In the second half of December EurUsd consolidated in a range with a break above the upper boundary of this range on the...
EURUSD rebounded from the support level and lower border of the channel, which act as dynamic support. Price pulled back to the consolidation zone. The market is trading above the psychological level of 1.6800 and consolidation. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with...
EURUSD D1 Sell Area Marked, We will sell from area when we any sell candlestick pattern from this area.
EURUSD is consolidating following the channel breakout. Price action double-topped before rebounding off the resistance level, then it created a false break that means bulls did not have enough strength to hold the price above the level. The market is coiling up before expansion, so we expect further consolidation until a new trend is...
EURUSD is consolidating in the ascending channel. Probably, it is going to do so for the next couple of weeks. The market is pulling back to support and dynamic support, which is the channel's lower border. If price action rejects the level of consolidation, we can look for a potential buy trade. ------------------- Share your opinion in the comments and...
EURUSD is consolidating at the resistance level . Price action double-topped before rebounding off the resistance level, bulls don't have enough strength for breakout The market is coiling up before expansion, so we expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with...
Since the end of October, EurUsd has risen a lot, with the pair gaining more than 1000 pips from the bottom to the top. Also, since the recent high, the pair slightly corrected and now is trading in a narrow range with a bullish tendency. Although technically a new high is not out of the question, traders should be aware that this is just a correction to the...
Hi everyone! If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible. Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on...
EURUSD is consolidating. Most likely, it is going to do so for the next couple of weeks. The market is trading in an ascending channel. If price action rejects the resistance level of consolidation, we can look for a potential sell trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD is moving sideways at the resistance level. Price action is printing equal highs and lows, indicating a consolidation . The market is coiling up before expansion. We expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
#EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. But with RETAIL SALES, ISM MANUFACTURING DATA, and...
EUR/USD have been trending for the past few months however a pull back is likely expected given it has struggle to get past 2020 low at 1.06400 for the past 2 weeks
EURUSD is moving sideways and struck in the BOX. Scalper may make handsome profit on it and the intraday. Swing trader may wait for the BOX breakout then take an entry.