A quiet week ahead with no major economic news.
At the end of the week, most of the markets will be closed and we will see much smaller fluctuations.
Technically, we expect to see lower values, but there are no current entry opportunities.
Grounds may be there after correction and pushback.
The target will be a drop below 1.0800, where the next important...
Waiting for EURUSD to come to the supply POI which is my point of interest. Then will be looking for confirmations for better entry such as; break of risk trendline, rejections e.t.c
On Thursday, EURUSD reversed the FOMC rally, which I said is very bearish and we could expect further downside on Friday. Indeed, EURUSD sold off further on Friday for a good 60 pips, closing near the lows.
Weekly price action is bearish thus expect further downside for this week. However, EURUSD is bouncing off the strong 1.0799 monthly level.
Price has pulled...
BUY EURUSD for uptrend continuation
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember...
EURUSD is bearish on HTF, it went down to a weekly/monthly demand area so there’s a high probability there will be a pull back from there, retrace off a supply area and then continue going down.
Here is an idea of how I think it will play out.
My bias aligns closely with GU this week, focusing on selling from a comparable supply level evident on both charts. On EU, this manifests as the 4hr level around 1.09000, where I intend to sell. I'll await the current price to pull back into these zones to address the imbalance and form a redistribution pattern.
Similarly to GU, there's a minor 4hr supply below...
EUR/USD is holding its bounce above 1.0800 in the Asian trading hours on Monday. The US Dollar pulls back following the previous week's upsurge, helping the pair stay afloat amid a mixed market sentiment. US Dollar and Fedspeak stay in focus.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is...
Greetings, fellow traders! The EURUSD session wrapped up with a notable dip, tentatively closing near the 1.0800 mark. EURUSD has reached a critical support level; a breach here could signal a deeper dive towards an anticipated floor around 1.070.
The trendline remains active, suggesting that the technical outlook still favors potential downward movements, as...
Bearish trade idea on EURUSD.
The next DOL/Target from my point of view is the REQLs below 1.0795 at the first objective.
My POI to look for a short is within the 12h Sibi residing not too far away which is also a Unicorn setup. There is news on Tuesday, either to initiate the manipulation and reversal, or continuation of the reversal that will happen today...
The Euro (EUR/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target.
Entry: 1.08650
Why we like it:
There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level
Stop Loss: 1.09115
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci...
This is my Setup for Eurusd on 4 hour time-frame, although we dont have any LTF confirmation yet so we wait for the confirmation before taking any kind of entry.
Daily Bias is Bearish... Price should retrace and should be sell from a supply zones. Time is very important in this regard. Newyork time can be best session. Buy can be risk but 2points are mentioned for shortterm reversal till supplies.Not a financial advice.
Waiting for a break and retest of 1.08353 to
short EURUSD back to 4H swing low at 1.07060
If you agree drop a like and if you have any questions leave a comment :)
Hello traders! 👋
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