In this comprehensive video analysis, we delve into the technical indicators and historical patterns of the EURUSD currency pair, aiming to provide valuable insights for traders and investors. Our analysis strongly suggests the continuation of bearish momentum for EURUSD.
Starting with the weekly and daily time frames, we identify prominent head and shoulder...
EURUSD continues to fluctuate in a narrow range, not creating new notable signals. However, the fact that the price has accumulated for too long around the lower border of the rising channel combined with the previous strong falling wave shows that the risk of breakdown is increasing. Bulls need to keep SL below 1.09 for existing long positions, guarding against...
After accumulating and manipulating for the month. It seems we're finally set for bullishness on ***USD pairs. Could see a possible reversal from tomorrow....
Pair : EURUSD ( Euro / U.S Dollar )
Description :
Impulse and Correction Completed making its Impulse Again. Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Rejection from Previous Support to Complete its Retracement
Expanding upon our prior analysis, the Euro has reached the predetermined target at 1.08991 and is currently exhibiting a strong positive response within this specific zone. This observed market behavior instills confidence, and we foresee a prolonged upward trajectory in the Euro-Dollar chart in the hours ahead. This ongoing positive trend reinforces our...
EURUSD still cannot escape the narrow range around the edge of the rising price channel. The bullish structure still exists and we still have long positions targeting around 1.1200. However, it should be noted that accumulation around the lower border of the price channel for too long is an unfavorable signal for sellers, especially when there has previously been...
The dollar was weak in early European trading on Monday as traders weighed the possibility of an early interest rate cut by the Federal Reserve and a U.S. holiday slowed trading volume.
At 4:35 p.m. ET (9:35 p.m. Japan time), the dollar index, which tracks the U.S. dollar against a basket of six other currencies, was trading 0.1% higher at 102.242 as the holiday...
EURUSD
New forecast
The EUR/USD pair made an attempt to break the 1.0928 level, but was unable to hold below it yet, remaining confined between this support and the 1.0985 resistance. Therefore, we continue our neutrality until the price is able to confirm crossing one of these two levels to determine its next destination more precisely.
We point out that...
In this video we take a close look at the EURUSD currency pair. We can see that this has been bullish on the higher time frame. We can see that it has traded into resistance, has also been range-bound since Friday and we are looking for a potential trade opportunity if market conditions are favourable. In the video we discuss price action, market structure, the...
EURUSD's price action did not change much, yesterday's price dropped sharply in the European session and turned up in the US session. Basically, the price action of the H4 frame does not have much impact, so our trading strategy remains unchanged. Continue to observe the resistance area around 1.1020. If the price approaches this area and forms a sell signal, you...
Hello👋 Traders,
For the past 2 weeks, EURUSD has been slow but still moving in an uptrend.
After the buy-side was taken out and a break in market structure formed, The price should head above the equal highs to get a sell at the safest spot.
Tip; Be a seller above equal highs at a premium
Selling started close to the top and UMVD is showing red for selling pressure.
TrapZone is strong and wide so Upward trend may resume.
I believe we will poke below the support area before rising higher.
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...
FX:EURUSD overall EU remain bearish after it rejected at previous high, EURO failed to gain control even after DXY plummeted, looking at the chart in 2 hour time frame, we expected price to rise up to fill the liquidity void and in that area we think there is huge amount of interest from sellers side.
what do you think of EURUSD do you think it will drop?...
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...
Market Update: A Shift in EUR/USD Sentiment
As anticipated, we witnessed a small pullback in EUR/USD, hinting at a bearish trend resumption. However, the market structure has taken an unexpected turn. Heading into next week, I'll be shifting my focus towards long positions. Stay flexible, adapt to changing conditions, and, as always, manage risk diligently. 🚀💹...
EURUSD continues to fluctuate in a narrow range, there have been no significant new moves, you continue to observe the two edges of the range, the direction of the breakout can determine the next direction of the price. Currently, we still have long positions following the uptrend. You can continue to hold the order, the SL is placed below the channel line and the...
