Many traders utilize forex trend trading specifically to increase their profits from currency exchange. The possibility to take a big number of pip moves due to a strong, directional price movement, a high probability of profit, and exceptional signal accuracy are only a few of the benefits of trend trading. These are the factors that make trend trading possible...
EURUSD / 4H
Hello traders, welcome back to another market breakdown.
EURUSD has been trading in a bull trend. The price has showen big signe of weakness this week. However, First reversal
is probably minor. Bears need to show some kind of lower high or double bottom to make this a higher probability reverse trade.
On the weekly and monthly time frames, EURUSD failed to break above the yearly trendline, which serves as a strong resistance. There was also rejection at the 100-week moving average and the 50% Fib level.
On the daily time frame, the rejection was more clear with the presence of the upper line of the ascending channel and the 1.09000 resistance level, as well...
💶💵 EUR/USD Bounces Off Strong Resistance Zone
💶💵 Nearest strong support zone: around the 0.382 fibo level of the downward wave.
💶💵 Nearest strong resistance zone: around recent highs.
💶💵 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Downtrend
📊 RSI: Downtrend
💶💵 EUR/USD End fell bouncing off the strong resistance zone of the fibo 0.5 level of...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring EURUSD for a selling opportunity, once we will receive any bearish confirmation the trade will be executed.
If this post was useful to you do not forget to like and comment.
In next week in real we have no important news.so next week I'll trade technically ,EURUSD is near buy zoon I'm looking for buy near 1.0785 and 1.0775 .by buy and sell in support and resistance U could make money easily.
Bobyorton small piece of market.
EURUSD suddenly dropped this week.
Here are the key levels for you to watch next week.
Resistance 1: 1.099 / 1.103 area
Support 1: 1.07 - 1.078 area
Support 2: 1.041 - 1.052 area
Consider these structures for pullback/breakout trading
❤️Please, support my work with like, thank you!❤️
With the recent dovish signals from the European Central Bank, it can be observed that the financial policy is being reevaluated to increase the interest rate with the aim of preserving the growth of the Gross Domestic Product and promoting employment within the European economy during these challenging times. Europe is striving towards a...
EURUSD rejected from the HTF Fair Value Gap and broke structure to bearish.
So I expect now a bigger A-B-C correction. I think for next week this pair can go lower into the next demand to sweep the liquidity under the previous lows. After that it can make a small correction for wave 4 and then go down again for wave 5 of the A-leg.
Let's see what...
Hey Traders, see my study idea for this pair
Expect a pull back to breaout zone (1.08700) and going down to next support zone (1.07400)
If this post was useful to you, do not forget to like and comment.❤️
Currently, it looks as if the inflation trend justifies an end to interest rate hikes in the near future, so there is probably no further upside potential in EUR/USD for the time being.”
“A sideways move in EUR/USD, possibly in the 1.08-1.09 range – which we saw prior to the recent test of the 1.10 mark seems most likely to me for now.”
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.