U.S. Dollar Currency Index
After initiating a massive drop from the 1.10330 area, the price has been declining ever since. As we know, the price moves in phases, meaning, after a massive impulsive, a correctional leg is needed. Currently, the price is sitting on a crucial area of support and we are anticipating for a short-term bullish phase to kick in, drive the price up, reach the zone...
EURUSD | The Bears Are Back In The Game During the FOMC the market received a clear message about next steps to be taken by the FOMC over the coming months. On Friday the market realized that it is stronger than to go into recession. All the accumulated bearish volume pushed the price to an aggressive sell-off and I think it should continue below. Thanks and...
EURUSD is trading in downtrend lask week we're monitoring the pair for a buying opportunity at 1.0780_1.0765, once we confirm an entry point from the zone,the trade would be executed immediately....Trade safe👍
▶️ There are five steps you can take to fix problems with your trading. First, you need to understand what caused the problem. Second, you need to find a solution. Third, you need to put the solution into action. Fourth, you need to monitor and check the results. Fifth, you need to repeat the process if necessary. 1. Realizing...
The price perfectly fulfills my last idea. The price went down from main resistance zone and price hit the profit target. The market tested range zone and fell below it. The market might go down if price rolls back to range zone because the price was rejected multiple times before and price gained a momentum, additionally the market has a bearish strength go down....
EURUSD made a huge drop and reached a support level. The market usually consolidates after massive movements, and we could see some consolidation before continuation. We anticipate further consolidation until price action shows us otherwise. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The EURUSD pair has suffered a more than -2% decline in the past two days following the NFP report on Friday. The price broke below the 4H MA50 (blue trend-line) and is marginally above the 4H MA200 (orange trend-line). This level hasn't been reached in a month (January 06). The majojor Support of this long-term uptrend however is the 1D MA50 (yellow trend-line),...
EURUSD The price after closing 4h candle under 1.0767 then the direction will be bearish to get 1.0712 and 1.0660 because already broke 1.0767 Pivot Price: 1.0767 Resistance prices: 1.0860 & 1.0921 & 1.0989 Support prices: 1.0712 & 1.0660 & 1.0582 Time Frame 4h
Hello,Friends! Indecision in the market is changing Towards a clear bullish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a good idea to go long! Like and subscribe and comment my ideas if you enjoy them!
Hello, Am looking at a great sell opportunity here. -You can see we have a great trendy kangaroo tail in a bearish market. -Another great thing to take not is that the low of the trendy kangaroo tail has been broken. Let's go. Good luck in the markets.
Hello, I rely on ICT concepts for my trading. I would like to share a trade idea for next Monday, February 6th, 2023. Fundamentals The NFP data release on Friday resulted in a way better than expected result 517k expected VS 193k forecast. This resulted in the DXY strengthening greatly. Idea With price causing a BOS, I'm expecting price to likely move...
The EURUSD shows bearish trend on 4H timeframe, with anticipation of price hitting support at 1.07208/1.06700, potentially leading to reversal and head/shoulder formation at 1.09055. Possibility of minor support hit at 1.07208/1.06701. Market volatility may be affected by Powell's speech and EU Economic Forecasts, hoping for a positive outlook. We would be happy...
D: Uptrend, broke above daily trendline 4H: Uptrend, price hit -61.8, from news spike, and dropped back to support area 1H: Downtrend, price hitting -61.8 @ previous support CURRENTLY: I'm looking to see if price will retest previous support and go long to the 4H trendline ~80 - 100 pips
The FOMC and ECB have rattled the markets a little with their mutual commitment to continue hiking. However, the USD has the clear advantage 4.75% and the EURO at 3.00%. In my opinion the future outlook for both currencies will be 25 basis point hikes. I am cautiously long and will short at 1.0820 if the chart indicators agree. I am still working on my short target idea.
Our momentum strategy has triggered a short position on VELOCITY:EURUSD . Target coincides nicely with with a previous support level around the 1.02800
Hey guys! We looked short on the harsh rebound (inevitably) that took us to reasonable key resistance. Remember.. what goes up also comes down. That is gravity. And it exists in Financial markets. It's just then a case of doing what you do anywhere else. Price is high - Sell Price is low - buy Stick to it. My thoughts on future EURO moves also...
EURUSD is looking much bearish for the week. so, we stick together and see the outcome
An earthquake in Turkey and rising U.S.-China tensions contributed to the unfavorable mood in the world markets on Monday morning. The top platforms in Asia are dropping by 1.4%. The Japanese market stands out as an exception, rising 0.6%. Major U.S. index futures are continuing their downward trend from Friday, shedding as much as 0.4%. This morning, the...