EUR/USD appeared on my radar today
With the recent news and corresponding price action
Making me bullish on the pair
Therefore, a move up is to be expected
✅LIKE AND COMMENT MY IDEAS✅
The market currently is to the resistance and after bearish move then it created tweezer bottom and rejected by support. I think the price will consolidate for some time at resistance and breakout it then go down to test major support level because overall trend is heavily bearish. I expect fall from recent resistance. My goal is support 0.95540.
Traders, if you...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
EURUSD has been overall bearish for a while trading inside the brown channel.
However, it is currently sitting around a strong support / demand zone (0.95 - 0.98)
As per my trading style:
Since EURUSD is sitting around a support zone, I will be looking for bullish reversal...
The arrival of the eurusd to the demand area 0.9650 , now we are waiting for it to rise to the risistance 1.0000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Last week I said that the next obvious support for EurUsd is the 0.95 zone and, although I didn't expect such a quick drop to that zone, the pair touched it on Asian open.
In my opinion, at least for now, there is a high probability of a button and dips to that zone should be bought.
I expect from EurUsd to trade in a range for the next period and 0.95- 0.99 could...
A lot of questions about EURUSD.
Here is my latest structure analysis and key levels to watch for you:
Analyzing a monthly time frame, I spotted 0.94 - 0.96 historical support
based on a price action of 2001 and 2002.
On a daily time frame, a bit lower, we have a support line of a major falling parallel channel.
The trend line and a monthly horizontal...
The EURUSD pair has been trading within a Channel Down pattern since the February 10 High. Time and time again we have pointed out the recurring buy/ sell levels within this pattern due to its strong symmetry both on the price action and the RSI on the 1D time-frame, which provided the following accurate sell signal a month ago:
The price almost hit the bottom...
As I predicted, EURUSD dropped again.
The price keeps respecting the boundaries of a falling parallel channel.
I believe that the pair will keep falling in such a manner:
consider the resistance of the channel for shorting
and the support of the channel for buying.
❤️If you have any questions, please, ask me in the comment...
On Friday EURUSD reached the target at 0,9685 and this morning we have another 100 pips drop!
In moments like this, it is pretty obvious why we should trade with the trend!
The only thing that we have to focus on is a possible pullback and a continuation lower.
The next support level is at 0,9510!
As we said before major support here is last support and strong one ahead for EURUSD and it seems that the price respect this support zone so now we can expect pump here like the green arrows on the chart.
((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
The EUR/USD following our previous analysis reached our first target and almost touch the second one. The trend is strongly bearish and the ABCD pattern recognized is almost close. Our vision is for a bearish continuation with a new Push down from the price. RSI and Stochastic still approaching the Oversold area which means for us that the price will continue to...
Euro is met with a lot of buyers upon open. Looking to go long and continue buying through out the week. Look for this trendline break in the next few days. London sessions is approaching. Wait for London to open and enter one the pullback. Or if you really want to be safe wait until US session tomorrow morning. to each there own. If your not in the mood for...
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.