Euro / U.S. Dollar
EURUSD: Bullish Wedge Pattern Price is close to the finish of a bullish wedge pattern. it seems that the market may react bullish ahead of FOMC. Considering that FOMC is not expected to take any further decision than those that already shared it is possible that we may see a decrease in the value of the USD. Thank you and Good Luck!
🔸Hello traders, let's review the 4 hour chart for AUDUSD today. Previous analysis was invalidated and risk/reward shifted in bulls favor mid-term. the current price structure resembles inverted H*S and therefore I recommend to focus on buying dips after pullbacks. 🔸Short-term expecting more gains as bulls retook control recently, potential re-test of strong s/r...
Fibonacci is a technical tool, essentially an automatic tool for building support and resistance levels. They need to be supplemented by: Standard support and resistance lines Trend lines Japanese candlesticks and additional indicators Then they will be a good assistant in your trading. This is how a trading strategy is created, based on the combined...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Declined below support area to support line, price entered to wedge, in which it made upward impulse to resistance line. Next, Euro fell to support line, but soon bounced up and made fake breakout. After this price started to decline and later exited from wedge...
Hello There! Welcome to my new analysis about USDCAD on the 2-hour timeframe perspective. Since the disasterous debt ceiling agreement the U.S.-Dollar is struggling to hold strength against other currencies especially against commonwealth there is a crucial devaluing of the U.S.-Dollar against the currencies. Now this gives a more bearish fundamental short-term...
EUR/USD Today Technical Outlook EUR/USD - H1 Chart - Wedge Formation If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
AUDJPY at 93.60 resistance zone if price fails to break through Expect short-term prices to fall, sell the red zone, targets 92.22 and 91.10. >> GooD Luck 😊
Our journey begins with the formation of a double bottom pattern, a powerful reversal pattern signaling a shift in market sentiment. Now, as price prepares to break the neckline, a prime opportunity arises to enter a long position with a tight stop loss. Keep a close watch for inside bar breakouts, where candlestick patterns offer a clear entry signal. Adding...
Hy team we are here to update about CHFJPY. CHFJPY is breaking the channel for a small bearish wave. In this bearish move we can see price around 152 soon. Keep in touch we will update further soon.
GBPUSD / 4H Hello traders, welcome to another market breakdown. GBPUSD has been reversing from a key level. Now back to the range again. I'll be looking to feed this leg down. Trade safely, Trader Leo.
🔸speculative xabcd setup advanced entry bulls with potential reversal at point C at 138.50. Expecting short-term pullback. point C at 113/127 near 138.50 is a speculative reversal price. 🔸XABCD pattern structure is defined by point X at 140.70 point A at 138.80, point B at 140.30, point C at 138.50 and point D at 141.00, which is a 127 extension. 🔸Recommended...
hello guys... EURUSD had not paid attention to the flip area and reacted to the 0.33 level of fibo as well!! I think it is a great opportunity to get long positions for dreamy long targets! --------------------------------- always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please...
GBPUSD Today Technical Outlook GBPUSD - H1 Chart - Triangle formation If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
As it can be inferred from the Daily-timeframe graph on EUR/USD, an ascending parallel channel has been formed and the price has recently been able to form a bottom reversal pattern on the lower barrier of it. From the looks of it, the price is getting ready to soar towards the upside, and hence, our sentiment for this pair is bullish. By entering long-term...
EUR/USD slipped below the 1.0700 level during the early European morning, driven down by a strengthening US Dollar and a lackluster risk sentiment. The pair faced additional pressure from mixed German Industrial Production data. Market focus now turns to ECB-related announcements. Yesterday, the price broke the dynamic trendline of the bullish channel,...
↪️GBPUSD remains pressured toward 1.2400, as the US Dollar grinds higher ahead of the European open. I spotted a dynamic H&S pattern which made me bearish bias. The pair trades near 1.2400, where the ascending trend line and 50 SMA on the 4H chart align. A close below that level could trigger an extended decline toward 1.2360_1.2320 ...Trade safe 👍✅
EURUSD capitalized on the 4hour Rising Support that flashed a Bullish Divergence, while the price was still declining. The Lower Lows eventually have now turned into Higher Lows and potentially a Channel Up. Since the May 31st Low, the Support has been holding so now is a low risk level to buy and target the bottom of Resistance Zone B at 1.08100. Previous...