We have IMBALANCE around 1.085, and with the help of DOUBLE BOTTOM and 1H DIVERGENCE this makes very good area to buy I have 2 target for this 1.074 1.085 Hopefully we get there soon
Signs point to a significiant bearish trend as the major bearish flag relinkquishesh its control to the downside indicating a high probability of further bearish movement. its prodent to initiate market entry from key levels to nagtive these conditions effectively.
D1 price is ranging. H4 & H1 expect fail to break the resistance 1.07329, and then back to lower channel (yellow color line). My target is 1.07067.
EURUSD - SHORT - NFP All I can see with this structure, it can push up by wick and come donw for the NFP, it will be very risky to trade nfp, trade with care, if you already in good profits, stay away from the market. V.RAGU
Price entry supply H4 and reject. TF 15 m was CHoCh, now price retrace to OB 15 minute.
Let me know your thoughts fellow traders. Scope Ratings is concerned about heavily-indebted countries with large primary deficits, and governments operating in highly fragmented political environments struggling to implement reforms. Previous crisis-hit countries such as Greece, Ireland, Portugal, Spain and Cyprus have implemented important reforms under EU...
Hello, guys! This is ESS team. Let's see the EURUSD 5D chart. After a long decline that began in mid-2011, It has risen again since the end of 2022, drawing a triangle pattern to determine where to go. Since triangle pattern is not yet complete, It is necessary to take a longer view. If It breaks out pattern upward and is supported by triangle pattern, It will...
EURUSD rejecting key resistance on daily TF Estimate lows of 1.05XX USD seems to be strengthening on daily time frame bias
The potential for a bearish breakout exists, targeting around 1.06350. Monitor tomorrow's FOMC fund rate decision and speeches, as they could influence market direction. Consider entering on reversals for a favorable risk-to-reward ratio.
The EURUSD has been consolidating in a diamond formation since a week ago after bouncing off the April bottom around 1.0602. Diamond pattern, when identified after an uptrend, suggests that prices tend to reverse to the downside. Since 8 March, the EURUSD has been on a broader downtrend and the rally since mid April could be a pullback within the broader...
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0694 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0712 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Earlier although the GDP came lower than expected price went down favoring EURUSD but this was all a fakeout for buyers to find entry, same thing for tomorrow even if the numbers favor the USD, it will not change the overall trend. I look to buy at 1.070 that is a 0.618 fibo level Stop loss 1.0675 pivot support Take profit options, these are all daily...
A clear Bearish Intra Day Set Up aiming for Previous Days Lows
I see a main bearish trend for EURUSD. I drawed a possible bearish flag and a resistance area at 1.07500. If this area will hold, i think the bearish trend is still strong and i will wait for an entry as soon as we will break below the flag. First target for the short 1.05500
We have this pair in our watch list and , ready to take a long position until that red level
Weekly time frame: 1. Swing is bearish, INT is bearish. 2. Price reached above the EQ and shifted bearish, As sign that the swing pullback is over. 3. After iBOS price pulled back to the extreme and did bearish CHoCH as a sign that the pullback phase is over. 4. Price has reacted to the old demand zone, and reached the supply that caused the break. We expect...
Hello! Dear colleagues, because I am constantly analyzing the markets with the help of wave analysis. Many colleagues ask me about it and I decided to make some tutorial posts to help you in this difficult task. I want to present this information to you in a simple and straightforward manner. Well, enough unnecessary text, let's get started! A bit of history...
Europe’s shared currency wrapped up the week off best levels, eking out a marginal gain of +0.3% versus the US dollar. Higher Timeframes Suggest Further Underperformance Things are not looking too cheerful for the euro, both from a technical and fundamental perspective. Scope to continue pressing southbound on the monthly scale until support at $1.0516 is...