This week's bias for EU resembles GU's, but I wouldn't be surprised if EU rises slightly to clear the 2-hour refined supply before dropping to remove the trendline liquidity below. Nevertheless, I anticipate price to eliminate the trendline liquidity and fill the small imbalance just above the demand zone. During this process, I expect price action to slow down...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534. If not, then it is friday and the weekly candle may pull back...
Buy opportunity in the FX:EURUSD with a target at 1.08375 for a profit of 30 pips. With the data worse than expected from the news of Services PMI, I expect the price rises to the level of 1.08375 Guys, what do you think? Leave a comment with your thoughts.
The greenback edged decrease in early European alternate on Thursday, with hazard sentiment buoyed through Nvidia`s sturdy income, at the same time as investors awaited the discharge of enterprise interest surveys. critical for locating clues approximately the fitness of the worldwide economy. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the dollar...
Welcome back traders to another Top-Down Analysis for Eur/Usd. We can observe an increase on EU that began on Tuesday of this week. As the week has progressed we have slowly climbed up to the next Daily Level 1.088. Better than expected numbers for EURO manufacturing data has provided a nice boost of bullish momenutm and continuation for the Eurusd to the upside....
Eurusd is in up trend we are monitoring buy Eurusd Eurusd will restrest again then it will fly Eurusd price trend to continue fly during session It is expected that price will continue in the buy trend If this post is useful to you you can support me with like boost and advice in comments
I'll be looking to see the EURUSD go lower this month. The DXY has been steadily gaining since the beginning of the year, and it seems like that continuation is likely to keep at it. I'll be entering a short position and looking to take profit at the lows of Nov 1st of last year (1.05197). Let me know your thoughts on this pair, if you share a similar analysis or...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Hello traders,today we are analyzing OANDA:EURUSD on 1H TF. As we can see the market structure is Bullish,market creating HH-s and HL-s Where we can buy? 1.We can buy after market take out X,with SCOB confirmation... 2.We can buy on Extreme OF or OB,OF have much more probabillity than OB...Wait for LTF confirmation and than buy. Best regards for entire...
The FX:EURUSD could move closer to the 1.0900 mark over the course of the week. EUR/USD saw biggest gain on Tuesday in almost one month (+0.3%). Nothing in the European or US data suggests a directional shift is imminent or justified. Technically, EUR/USD is attempting cross above 200-DMA (1.0827). If it overcomes this hurdle, the bounce could extend towards...
Pair : EURUSD ( Euro / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves
In the last hour we've seen EUR/USD break the neckline of a standard M-Top candle formation. M-Tops and W-Bottoms are highlu reliable structures and although they can be used in isolation its always better to see if they form at areas or lines of resistance or support. In this case we have RSI decling as well as MACD and yesterday pricehit WR1 pivot elevel which...
The EURUSD exhibits a bearish bias on higher timeframes. The weekly chart reveals a clear break of market structure to the downside followed by a retracement. Drilling down to the daily timeframe, the retracement has taken out previous buy stops, further supporting a short bias. A short entry at the current level appears viable, with a stop-loss placed above the...
EUR/USD consolidates gains above 1.0800, awaits Fed Minutes From a technical point of view, EUR/USD’s daily chart shows its closing in the green for a fifth consecutive day. The same chart shows it trades above converging 20 and 100 Simple Moving Averages (SMAs) in the 1.0790 price zone, while it retreated from around a flat 200 SMA, currently around 1.0825....
EURUSD is finally leaving a bearish trend and trying to becaming bullish. Dollar is strong, but i expect weakness in the next days. I placed a long limit order at support zone at 1.0785 but i am also entering long now, target resistance area at 1.09
The current economic indicators, alongside commentary from key Federal Reserve officials, suggest a cautious approach towards the EUR/USD pair. With the U.S. showing no immediate intent to cut interest rates due to a robust labor market and unresolved inflation targets, traders should prepare for potential dollar strength and volatility in the currency markets....
FX:EURUSD has broken out of an area of interest, once I see a retest of that zone (1.07900) and it holds as a new found support, I will be going in for a long. #EURUSD May just have the capacity to hit 1.10374 Do your due diligence