Greetings, trading aficionados! What are your expectations for EURUSD today? Yesterday, the pair was under significant selling pressure, resulting in a consistent decline to now trade at 1.073—a drop of 0.12% for the day. As anticipated, it breached the 1.0800 support level. The recent surge in the USD, fueled by robust US PMI ISM data, has heavily impacted this...
The levels below 1,0800 are key support. Yesterday we saw a rise but there is still chance for another test of the previous low. We expect the movement to start by the end of the week and we get into new trades. The goal is another test of the previous bottom and pullback. This would bring buy opportunities with good risk to reward ratio.
EURUSD (H4) : Technical and Fundamental Analysis (Bearish) The previous 4-hour candle for EUR/USD closed below the 200-period Simple Moving Average (SMA), while the 4-hour chart's Relative Strength Index (RSI) indicator fell below 40. The recent uptrend's Fibonacci 61.8% retracement, or 1.0800, is a crucial level of support for the EUR/USD pair. The next...
EURUSD reversal trend on point looking to get around this zones 1.08860/1.09000
What a amazing trade. Zero Drawdown. Perfect Judas swing below the Asian range for a buy. Correlated Perfectly with Dollar Resistance. This is what we want to see and trade. 👁
Bearish order flow Bearish structure FVG is my Point of Interest Previous liquidity/Lower Low in our 30min range was taken out Do not anticipate or foresee previous lower high to be broken/probably tested or respect Currently in pulling back
Eurusd is breaking major resistance, so we will see a small bull for eurusd now to 1.08 ~ 1.082
looking for a break or rejection of one of these 2 circled areas before I scale into a position. no real clear trend yet with the fed constantly going back and fourth about raising or lowering rates. For now, better off playing the lower TF and just scalp the PA
FX:EURUSD struggling to break the resistance, forecasted to go down then back up for retest and then we'll know if it's a possible long, for now SHORT SHORT SHORT
Price is rising towards an overlap resistance and could reverse from this level to our take profit Entry: 1.08007 Why we like it: There is an overlap resistance which aligns with the 50% Fibonacci retracement Stop loss: 1.08638 Why we like it: There is a pullback resistance level Take profit: 1.06989 Why we like it: There is a pullback support Please be...
I was looking for a move lower for EURUSD yesterday following Monday's bearish downside but in the end EURUSD moved higher. My buy levels were at 1.0752 and 1.0762 or so, looking for a rejection and a move lower. But we saw how price based before going higher and there was no rejection off the sell levels. I also did say one could try a long off the 1.0712 strong...
Sell, the market has touched our FVG, created a fake breakout, pushed down and come to retest and it also respected our trend line and closed inside the trend line with a very strong bearish engulfing candle
this is the structure of eurusd and obviously the order block of the inducement made a little action and till now on 1m frame the structure is bullish and it hasn't made choch , so i think the order block of the idm will not hold and the price will go up to grab all the liquidity until reaching to extreme order block then it will reverse from it .
The EURUSD had been following a bearish trend, however, the Relative Strength Index (RSI) is indicating divergence, suggesting a potential shift in its structure towards a bullish direction. Forex sentiment indicates a long position sentiment of 59% and a short position sentiment of 41%. Specific entry points and take-profit levels are illustrated on the chart.
A nice wedge pattern.. low risk to remain in the wedge.. we see 5 waves so could expect the strong pull back to upper trend line... Good luck to all
EUR/USD at resistance, waiting to short to 7000 then looking out for a long!
price broke out of recistentance creating new support forming an impulse going up.... patience is the key to a successful trade
Its making LH - LL on highly time frame and high likely to proceed ahead towards another lower low. Entry Price 1.0763 Stop Loss: 1.0803 Take Profit: 1.064