Hello trader, our previous idea yesterday about buying EUR/USD@1.0730 zone was super hit as price went up more than 120 pips from the lows. (We have linked the previous idea below for you to cross check) Currently, price is well above the 1.0720 support zone. So, we can say that the support zone is unbroken. In fact, price has also moved marginally above...
hi, this is high probability trade based on trecurrent and transient zones probabilities for TP: 1.08869 (96%) 1.08883 (92%) 1.08921(94%) 1.08944(90%) 1.09033(96%) With a high degree of probability, the price today will hit most of the marked points.
OANDA:EURUSD has been in bearish trend forming lower highs and lower lows. It can give short opportunity on retracement between fib 50-75% level.
EURUSD, in our last update, we had explained the key level from where price can rebound strongly. Price did the exactly the same thing and currently accumulating the bullish volume. We can see strong bullish price action in coming days since dxy has been dropping though it is worth to note that we have some major news coming in our ways; main is NFP which will too...
🔍 Keeping an eye on potential scalp plays in EUR/USD. On a broader scale, we're currently within a weekly downtrend range. We've observed an unconfirmed Lower High (LH) on the weekly chart following a reaction at the 4-hour supply level around 1.110, leading to a downward rally within our current internal range. Although the supply level barely broke structure at...
As financial analysts, we turn our gaze towards the Euro, a currency entrenched in the dynamics of global markets. Presently, the Euro exhibits signs of resilience, propelled by a confluence of factors shaping its trajectory. Amidst economic uncertainties and geopolitical tensions, the Euro stands firm, navigating through turbulent waters with steadfast...
As a financial analyst delving into the realm of currencies, the Euro holds a prominent position in our scrutiny. Presently, the Euro's trajectory unveils a multifaceted narrative shaped by diverse market forces. Amidst the intricate dance of economic data releases, central bank policies, and geopolitical developments, the Euro maintains its resilience,...
In the realm of global finance, the Euro stands as a cornerstone of the international monetary system, influencing economies and markets worldwide. As a seasoned financial analyst, delving into the intricacies of the Euro unveils a narrative rich in complexity, resilience, and economic significance. The Euro's Economic Landscape: The Euro represents the common...
In this analysis of the EURUSD on the 1-hour timeframe, I'm observing how the price behaves around the 1.08500 supply zone. My intention is to confirm a potential short-term selling opportunity as a countertrend move towards the next demand zone at 1.07838. Once this short-term move plays out, I'll be looking for confirmation on a possible long position from that...
Hello everyone, after yesterday's news-driven movement, the euro continued its long context. For intraday trading, I'm ready to consider positions during the New York session with targets set at the London high. However, first and foremost, we need to see some action with fractal liquidity.
The euro is on a bit of a roll and has pushed slightly higher on Thursday. In the European session, EUR/USD is trading at 1.0857, up 0.19%. The euro is up for a third straight day and has climbed 0.8% since Monday. Business activity improved across the eurozone in March. The eurozone services PMI rose to 51.5, up from 50.2 in February. The German reading improved...
In the realm of global finance, the Euro stands as a cornerstone, embodying resilience and complexity. As financial analysts, we delve into its depths, deciphering trends and unraveling the intricacies that shape economies and markets alike. The Eurozone, with its diverse economies, presents a fascinating mosaic of strengths and challenges. Our role as analysts...
The downtrend that began on March 20 is giving way to large institutional orders. Looking at the current powerful buying candles on the EURUSD, I'm going for 1 potential reversal on the most relevant supply in my eyes.
Hello Fellow traders! Welcome to another bite sized Mini series on forex! I hope that these info can open up your interest in forex trading and understand more about forex market! Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations. One of the most common...
Hi everyone. EURUSD price action is within the the descending channel. However the trendline is broken upwards if it does not break the minor ascending trendline, then this point is the point of return. Let's see what happens.
EURUSD failed to make a stronger drop during NY session. Price has mitigated the previous surge. I expect a pullback to make new highs on tomorrows trading day. Entry at 1.083 stops below 1.0816 targets above 1.0896. Be advised my ideas are solely my own and they do not constitute to any signal service nor financial advice. Use your own entry level and own risk...
After completing the first upward Impulse wave, we've seen a downward correction in the form of Wave A, followed by a complex correction Wave B forming an ABCDE triangle pattern. Now, as the triangle appears to be completed, we anticipate the breakout of Wave C to the downside, with expectations of it continuing towards the Fibonacci 61.8% retracement level.
it may not seems to be perfect, but qualifies as a leading diagonal. I take a sell position at each Fibonacci number falling within the supply area. The plan fails (SL) when the leading diagonal is breached upwards. always use SL, proper lot size, this plan is fully base on my bearish bias. we can find more long position plan, if we have bullish on our mind 😃 goodluck