EURUSD is moving upwards this week up to 1.08436. Look for buy opportunities only. Have a fruitful week and to don't forget to click follow button. Next am posting GBPUSD
So far so good on the analysis. I added the key zones price should react to. Let's see if its going to reject the zone and move the the downside or push through to form a support.
This is my Intraday analysis on EURUSD for 15 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish Internal Bearish Pullback Phase 2. Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the...
EURUSD is rising toward the pivot point that lines up with the 38.2% Fibonacci retracement and could potentially fall to a swing-low support level Alternatively, if price breaks above the pivot, it could continue to rise to a pullback resistance level close to the 78.6% Fibonacci retracement. Pivot: 1.0774 Support: 1.0716 Resistance: 1.0842 Risk...
EURUSD has just bounced off the pivot that aligns with the 161.8 Fibonacci extension and 100% Fibonacci projection Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 1.0618 Support: 1.0499 Resistance: 1.0707 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and...
shorter TF m15 chart. possibly taking liquidity above. looking at 1.06400 - 1.06200 as local support.
Lookin at the RSI and Support Resistance behaviors I expect to see EURUSD to decline more. I expect 200 to 900 pips down trend once it moves out of consolidation on the Daily chart.
On Friday, for EURUSD, I was leaning towards a dip off the PZ then a move higher though I did give a view on both directions, that is a break lower. EURUSD did tank from PZ and sold down all the way to my price target and even lower to 1.0634 level but overall, I was wrong on my direction, wrong read of the market really. Bearish weekly candle indicate possible...
A modest recovery in the US dollar weighed on the major currency pairs as speculation of a September rate cut by the Federal Reserve mounted. Relatively weak economic fundamentals in the euro area, coupled with the resilience of the US economy, reinforced forecasts of dollar strength in the medium term, especially given the likelihood of a stronger dollar. The...
Hello Everyone 🙋🏽♂️ Trend trading 💲 Entry Point : 1.06350 ✔️ Tp 1.07199 🔴 SL 1.05925 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment...
Hello,Traders! EUR-USD keeps falling and The pair broke a strong Horizontal level around 1.0710 So I am bearish biased And I will be expecting A move down after a Potential retest of the key level Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Eu took out a significant swing low last week. I am bearish on Eu, but will be looking for some retracement before i can enter a sell. Eu still have the -27 to take out.
The US inflation data was in the spotlight of markets during the previous week. Inflation rate in March was 3.5% on a yearly basis, which was higher from the market estimate of 3.4%. At the same time core inflation rate was standing at 3.8%, again higher from estimated 3.7%. Inflation rate on a monthly basis was 0.4% in March. At the same time the Producers Price...
EURUSD is bearish on the weekly timeframe and in a downtrend channel. The next target is 1.05 and with a break of 1.05 would lead to parity and below parity to the lower channel of the downtrend at major demand (support zone) at level 0.85.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Waiting for a retest of 1.06970 or 1.07249 to short EURUSD back to 4H swing low at 1.05400 If you agree drop a like and if you have any questions leave a comment :)
EURUSD strong bearish continuation Zone to watch 1.05788/5178