EURUSD is bearish till my golden and final zone. The EUR/USD pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the euro, the official currency of the Eurozone, and the US dollar, the currency of the United States. Traders and investors closely monitor this pair because it reflects the relative strength of...
Market sell order on this pair. It needs to look for down levels before to move up. Good luck.
By checking the #Euro_Dollar chart in the 2-hour time frame, we can see that the price closed at 1.0652 last week and is currently in a neutral range, And to determine the next trend, we have to wait for the price to penetrate to one of the two levels of 1.069 or 1.06020! But I give 60% probability that the price will be supported again in the demand range of...
Navigating the labyrinth of financial markets requires a keen understanding of the two fundamental types of indicators: leading and lagging. These tools act as guides, offering traders glimpses into the future and affirmations of the past. To decipher their intricate roles, a primer on technical analysis is in order. Technical Analysis Unveiled At its core,...
Could we see a change in momentum as the buyers look to over power the sellers or the market just playing its tricks as always?
Often HAPEN in Elliott Wave analysis, we may lose OUR count. If that happens, I'll focus on identifying correction patterns (abc or abcde) and start taking positions according to the trend after I believe the correction has ended. This chart is an example of how I "guess" the potential patterns that might occur. Here we also see how we distinguish wave B from...
EURUSD FOREX Breakout 4H Bullish Patterns mkt go to rocket move expected all target filling possible
Hello everyone, welcome back subscribers. Please share your personal opinions in the comments. Booster and subscription are appreciated. While a comprehensive conflict between Iran and Israel is not expected, the dollar's rise is being restrained by expectations of intervention by central banks and other factors. However, uncertainty remains due to the unclear...
Price tapped into a weekly POI last week but left a liquidity pool that still needs to be mitigated. This couple up with a strong DXY (Dollar) promotes the idea that the market may be bearish. Looking at the analysis we have already tapped into an imbalance on the daily which may act as a resistance and we have broken out of that bearish flag. I am waiting to see...
EUR USD PRICE - HAS TO FILL THE LIQUIDITY AT UP SIDE here we can see that price got many time balanced the liquidity at support zone now price has to fill the liquidity at upside make a long entry as shown in the picture, follow for more live updates...
Preferred direction: BUY Comment: The long-awaited growth in the euro , which we considered and held the position for two weeks. Most of the potential growth has been spent. Buyers still dominate and buy off sales in the market. Most likely, there will be another shot upward towards the level of 1.08000 . However, we limit ourselves to the target at the level...
EURUSD is currently exhibiting a downward trend. Economic factors: Weakening economic data from the eurozone, such as slowing GDP growth, rising unemployment, and declining manufacturing activity, could be weighing on the euro.
as of today I'm expecting to buy Eurusd, if you go to your chart, weekly time frame is bullish, Daily time frame is bullish, so what i did is going to the lower time frame that is 1 hour, expecting to see it retracing before going high as the higher time frame suggests. & do not forget, Dollar index is bearish
OANDA:EURUSD NEWS AND ANALYSIS - ECB officials eye June meeting for first rate cut, SNB delivers a surprise cut - Dollar drop appears short-lived as EUR/USD heeds resistance ECB OFFICIALS EYE JUNE MEETING FOR FIRST RATE CUT, SNB DELIVERS A SURPRISE CUT Despite the EU and US having different growth prospects, the ECB remains cautious about cutting rates....
After steep losses in recent days, EURUSD stabilized and rebounded off the psychological 1.0600 level on Wednesday, pushing past the 1.0650 mark. If the pair manages to build upon its recovery in the days ahead, resistance lies at 1.0695, followed by 1.0725. On further strength, the focus will be on 1.0820. On the other hand, if sellers return and regain control...
OANDA:EURUSD FORECAST - TECHNICAL ANALYSIS EUR/USD jumped on Wednesday, with bulls seemingly determined to challenge trendline resistance at 1.0950 after the FOMC announcement. In the event of a retest, sellers will need to fend off the advance; otherwise, there will be minimal obstacles to a rally towards 1.0970, a key Fibonacci level. Alternatively, if upside...
It is expected that the uptrend will end in the current resistance range and a trend reversal will be formed. If the price crosses the resistance range, it can advance to the level of 61.8%