hey guys, this is EUR/USD analysis that i expect the price will grown up again after a pull back, but we have to wait for the confirmation on touching the strong Support level... in monthly time frame we can see the big and old resistance level that broken and it's now gonna be a good support zone. in weekly time frame we can see that resistance level on...
in next few hours we will have some reports from us that i predict that it gave us some mixed trading bias but about this trade i just felt the price is in over bought situation and i saw candle stick pattern so i decided to go in , with a good money management even if this trade reach stop loss still looks like a good risk ... good luck !
Inflection Point, Bearish Divergence. Either Breakout or Breakdown now. This is not financial advice.
These are my take on current support resistance levels based on multiple touches
On the 1hour candle bitcoin is trying to push up, touching it’s resistance (dotted yellow) For the 3rd time. 3rd times the charm! Let’s see how it pans out
After gapping down at the weekly open, the Euro tested 1.18300 (last weeks high) after a FBO of the consolidation range (1.18100-1.18200). The market then dropped into the 4 hourly support region (1.17800-1.1800) and has retraced to the lower end of our initial consolidation range (1.18100-1.18150). According to our fibonacci wave count, a rejection of this...
AUDJPY showing great potential for a 60 pip drop. We currently have a strong support level which has already rebounded off twice. The 0.50 fib level also fits the line of support very well which further makes me think that the price will once again reach this price. During this time a double top formation has also formed with a very strong neckline on the same...
Easy setup, with 1:1 risk, just move SL to BE, when price is half way to its TP.
In this example, if we see a Higher High and Higher Low on the M15 we can expect the price to continue to the upside. If it shows a Lower High and Lower Low on M15, you can consider shorting a position and take profit on some of the support and resistance lines/zones I have drawn. As we can see, the price is currently in the major resistance zone. Do your own due...
Into resistance lets see if it holds
Have a look at my analysis for the hourly on Euro-Dollar. It seems to have gone back into its consolidation channel where the market is subtlely indecisive. Let us wait and see whether the bulls or bears will win over the next few hours before having a clearer picture and better analysis. For more content, follow me on tradingview!
Bullish hourly EU. Only if you have a bearish DXY view tho
looks like 93.6 is going to be acting as resistance. support comes in around 93. Bullish Gbp/Usd and bearish Usd/Jpy and Usd/Chf
only if you agree with this bearish DXY idea
DXY is making a bounce off support short xxx/usd. stops are a little dynamic yet
tried to catch a DXY correction thats probably not going to end up working out. This trades to cancel out my last EU idea and get back inline with my broad view of DXY, bearish Should have stops to BE before dxy gets to 93.5 incase its going to hold there. this is the only active trade. new DXY chart will come out soon