Good morning traders 🌅 Last eurusd is approaching the SL level. For today I think that I will buy eurusd if price makes a pullback into my entry level in the demand zone. Wish you good luck if you follow
EURUSD H1: Technical and Fundamental Analysis and Forecastings The Bank of Canada (BoC) are centre stage on Wednesday at 2:45 pm GMT and are anticipated to stand firm at 5.0% this week (marking a fifth consecutive session on hold at a 22-year high). Year-over-year headline inflation cooled to 2.9% in January (down from the 3.4% jump in December), marking its...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.08580 Why we like it: There is a pullback resistance level Stop Loss: 1.08884 Why we like it: There is a pullback resistance level Take Profit: 1.07988 Why we like it: There is a pullback support that sits...
FX:EURUSD has mitigated its daily OB and made a 4H BoS to the upside, and the next major daily level & OB is 200 pips away.
It is expected that the price will cross the resistance range and after the stabilization above the resistance range, the continuation of the upward trend is likely. Otherwise, it will be possible to continue the corrective process up to the specified support levels
- 4H Bearish FVG Failing to deliver lower after sweep of Daily Wednesday Low - New Context for Higher Prices from 4H Bullish FVG (Classic Reversal Pattern) -Target: 1. 4H Swing High, 1.08558 2. Daily Swing High, 1.08659 3. Weekly Swing High, 1.08882 4. Previous Months High, 1.08976
EURUSD remains bullish and on Friday we saw another pullback from 1.0800. This week we are watching for a break the resistances and heading towards 1.1000. By the end of the week, there will be important news that will have an impact. On Thursday the ECB will announce its interest rates and on Friday we expect NFP! We also expect the rise in EURJPY to continue.
Trend = Bullish The Market is trending up but the Higher TF has a Bearish micro structure and we are currently on The Higher TF P.O.I and the 15 min is clearly showing a reversal pattern right on the Higher TF P.O.I....now i am observing how we going to break this channel to be sure about the next move....
Today's focus: EURUSD Pattern – Continuation (Bullish) Support – 1.0794 Resistance – 1.0855, 1.0896 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the EURUSD on the daily chart. Will we see the EURUSD set off on a new continuation higher? Bulls have broken the downtrend and formed a higher low. We have a trigger bar, but we...
As market is heading towards our strong line of resistance we expect to Short the market waiting for confirmation of our entries. On the other hand, If market manages to break and close above our resistance line we expect to Long the Market.
This is my Intraday analysis on EURUSD FOREXCOM:EURUSD for 4 Mar 2024 W10 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
Based on the M15 chart analysis, we can see that the price is falling to our buy entry at 1.0825, which is an overlap support. Our take profit will be at 1.0853, a multi-swing high resistance. The stop loss will be placed at 1.0797, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
In Europe, EUR/USD traded 0.1% higher at 1.0813, ahead of the release of eurozone CPI figures for February, which are expected to show another reflation in the region . Data released on Thursday showed consumer prices fell slower than expected in France but faster than expected in Germany. Economists are expecting annual growth of 2.5% in February, down from 2.8%...
Hello fellow traders, let's discuss EURUSD today with me ! Yesterday, EURUSD maintained a fairly stable trading level above the psychological mark of 1.080. This pair received support from the 1.080 level once again, rebounding upon touching this threshold. It appears that the buying side is relentlessly striving to defend this support level while demonstrating...
The levels I gave on Friday worked great. I was bearish EURUSD and though it eventually went higher, the level I said to short from gave a 25 pips move, hit the below level then rallied on news to hit above level. That's how the market reacts to algo levels. Do read what I wrote for GBPUSD but overall, Friday is a bullish reversal so going long on a continuation...
All in! There's not much to care about, just Buy and buy!
EURUSD Pivot 1.08200 - If the price is higher than the pivot, open long target TP1 at 1.08690, TP2 at 1.08990, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 1.07995, TP2 at 1.07645, cut loss if the price is higher than the pivot. ***Please money management***
Waiting for a break and retest of 1.08656 to long EURUSD back to 4H swing high at 1.09839 If you agree drop a like and if you have any questions leave a comment :)