after breaking the uptrend line the price is near an area of resistance which is very strong let s see how it will act near this area
the price is moving in a down trendline making a decent waves. after watching the DXY we can say that this pair will continue to the downside. right now we are in a middle of a retracement preparing the price to go down back again. we will measure the current wave with our Fibonacci tool and be ready around ( 61%, 71%, 78% ) fib levels with any good bearish price...
⭐️ Smart investment, Strong finance ⭐️ EUR/USD INFORMATION: The US Census Bureau released data on Monday revealing a 3.6% month-on-month decrease in US factory orders in October, following a 2.3% increase in the previous report. In addition, the Institute for Supply Management (ISM) reported that the US ISM Manufacturing PMI remained unchanged at 46.7 in...
MY important analysis for this week in gbpusd, look carefully at the areas and save that analysis for later and leave me your opinion, thank you for your support
After check Higher Time Frame (DAILY and 4H) chart, in 15m we can see a correction that now price being ready to have a SHARP falling AFTER TRENDLINE BREAK ! LET SEE!!!
⭐️ Smart investment, Strong finance ⭐️ EUR/USD INFORMATION: European Union’s (EU) Trade Commissioner, Valdis Dombrovskis, addressed the audience at Tsinghua University in Beijing on Monday. During his speech, he emphasized the significance of the economic relationship between Europe and China. However, Dombrovskis also pointed out that there is room for...
The ECB raised its base rate to 4% this month and President Christine Lagarde has said that another hike next month would be appropriate given that inflation has been so high for so long. Of course, the Fed acted ahead of the ECB and has taken more action, but the current likely interest rate roadmap looks quite supportive for a currency. After 2 days of running...
In the movement of the price, it moves to the specified point. But this movement is not suitable for buying position. But the second move, because it is in the direction of the general downward trend, is a good position to sell
OANDA:EURUSD I expect EUR to consolidate in the 1.0850/1.0950 range. EUR traded between 1.0855 and 1.0910 before closing slightly lower at 1.0865 (-0.010%). The fundamental tone has softened somewhat and EUR is likely to drop lower today, but any decline could be part of a lower range of 1.0839/1.0895. In other words, a clear break below 1.0845 is unlikely. Next...
OANDA:EURUSD EUR/USD probes the boundaries of the 1.0910 barrier amid further downside correction in greenback and general improvement in sentiment around risk-related universe. Indeed, the pair picked up pace and further extended the rally from recent lows near 1.0855 despite sharp declines in US and German yields so far, while expectations of a temporary...
EUR/USD seems to be seeing more clear signs of rejection of the resistance that formed the top of the shallow uptrend channel from early January, with strong daily and weekly downside momentum. The support below at 1.0945 has established a near-term top and we look for a test of the 55-DMA at 1.0835, ideally holding on a close. Even so, below will warn of a more...
After yesterdays strong drop, bears are gaining momentum, I expect price to retest price at 1.10176 before continuation lower. Targets below 1.09154 stops above 1.10343. Mind risk and use proper money management. EU is longterm bearish.
Price has remained bullish through out the start of this new quarter. However with the possibility of a hike in USD interest rates I expect this slight move up to be a liquidity grab. I am expecting a drop from this level to 1.0825. my stops are above 1.10438. Use proper money management.
EUR/USD Possible Sell Trade Very Soon From The Resistance 1.1010
📌📌Signal Sell EURUSD📌📌 Link : 📍📍Open order 1.06700 Sell lim 1 1.07100 Sell lim 2 1.07500 Sell lim 3 1.07850 Sell lim 4 1.08250 Sell lim 5 1.08700 Tp 1.05300 Sl 1.09200 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20...
Confirmation • Buy side liquidity taken out ✔️ • Break in Market structure ✔️ Entry • At Fair Value Gap ✔️ • At Premium ✔️ Target • At a discount 🎯
With EURUSD being back to test the daily supply, and bouncing off, I'm confident in the sell down to TP 1, possibly 2, and will leave 1 position running to TP3
Sell eurusd at 1.0137 Stops above 1.0233 targets are below 0.9914. Use proper money management