Fed decision preview: Zero rate cuts and EURUSD parity in 2024? Expectations point to the Federal Open Market Committee maintaining interest rates at their current levels in the upcoming decision slated for May 1. However, fixed income markets suggest the possibility of rate cuts surfacing in either the July or September meetings of the FOMC. Nonetheless,...
I do not see this week expanding, that is my opinion but if it does so then that is what we shall use to make profits. First, notice that the bulk of the month of April came from the second week of the month and then the third week consolidated. Meaning, after an expansion, a consolidation occurs. Ask yourself this, what comes after an consolidation? I would...
While everyone is bullish on FOREXCOM:EURUSD and FOREXCOM:GBPUSD , we will be looking for a leg lower. Why? Because the Higher timeframe dictates so Study my previous analysis on EURUSD Also, I would like to see price to reach into the sellside liquidity. Therefore, my target is below 1.0600
With the expected rate cut and the sharp increase in retail sales data, the data is more favorable for the US dollar than other currencies, so I feel that it is still a good opportunity to buy and the US dollar will continue to strengthen.
If weakness in the trend is taken into account and a structure is established and the previous ceiling is broken, perhaps we can wait to buy today as EURUSD is showing signs of recovery after experiencing heavy losses in recent weeks. So far, there’s no compelling reason to be overly optimistic, but there are signs of a sharp pullback on the downside.
EURUSD 1 hour Trading Journal Price opened to continue its pattern of seeking buy side liquidity and rebalance the 4hour IFVG in London. RED FOLDER impact at 830 wicking through buy stops and almost clearing sell stops from yesterdays low. Spectacular delivery at 930 to run a reverse delivery in NY kill. zone just shy of the high created at 830 with 1 more...
currently looking for short term buys for retracement them we are going to continue selling cause the overall trend selling
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
EURUSD has seen a big fall after CPI news which contributed to its general bearish sentiment. However, we may see a retracement, as some traders may anticipate mean reversion. Keep in mind as bigger timeframe is bearish, It is better to watch for a change back to bearish trend once it hits probable 0.38-0.61 fib retracement zone in hourly timeframe. Price may go...
Hi Everyone, EURUSD will have recovery. use this chance to gain some money. please dont over lot please use only 0.1% if you dont understand it well dont risk over 3% on this trade watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support...
After significant losses in recent weeks, signs of recovery are emerging in EURUSD. So far, there isn't a compelling reason for overly bullish optimism, but there are indications pointing towards a substantial correction of the downtrend. The volume profile reveals notable buying interest around the lows at 1.0624, and numerous resistance zones above the current...
EUR brokedown the weekly uptrand vs USD. now the big question is what will be the next move Bearish retest at 1.10 and nuke or can resume the upperward trajectory?
Very clear SK sequence ON EUR/USD DAILY Time Frame,, Go Short When The Price Touch The 0.618 Of The Fibo...... Good Luck And Happy Trading
Guys, I think early next week we'll keep going higher until we get to the first sell zone, and then maybe start going down again, or even go higher, get to the second sell zone, and then go down. We also have two extremes, one bullish and one bearish The bullish setup is that we break the red line and then we will go to the highest red box as a long-term goal. The...
All currencies appearing in this post are fictitious. Any resemblance to real currencies, existing or dead, is purely coincidental.
The short-term bottom of EURUSD has been formed, and it will usher in an effective rise after the decline ends. If you buy long-term when the market falls, you will have the opportunity to make huge profits. All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make...
It's so simple, that I used the SMC strategy to mark the supply and demand zone and then wait for a proper rejection to execute the trade. Here in this chart, you can see I marked two zones and my direction is bearish because the trend is bearish. According to my plan, I'll split my trade size in two-part, first TP (take profit) will be around 1.0614, and the...
In a perfect world we make our way higher here to complete a larger correction, before running lower for quite some time/price