The EUR/USD currency pair has surged higher, reaching the level of 1.0672 on Thursday at the start of the Asian trading session. This recovery is being strongly propelled by the downward pressure on the US Dollar, opening up a wide door for the Euro to recover and increase in value. Looking at the chart, we can easily observe the transition from a downtrend to an...
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.0644 which is a pullback support. Our take profit will be at 1.0701, a pullback resistance, close to 38.2% Fibo retracemet The stop loss will be placed at 1.0602, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin...
Still holding my shorts on EU patiently, as the general price action has not violated the underlying confluences. Keeping all posted
⭐️Potentiel SELL🔻at EUR-USD - TYPE : intraday / swing - TIME FRAME : M15 - 1H - ENTRY : @1.0665 - @1.0660 - SL : @1.06800 - TP 1 : @1.06350 - TP 2 : @1.06000 DISCLAIMER : Apply Proper risk management. Past profit do not predict future earnings, Risk only 1-2% per position.
As EURUSD approaches the higher time frame's POI zone, we're likely to see a response in the lower time frame. Two notable liquidity zones stand out on the chart. the trendline liquidity and static liquidity. These areas could serve as targets for future buy setups. Keep in mind that the "weak supply zone" mentioned has been touched several times, hence its...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD is making lower lows, showing bearish dominance. On the weekly timeframe, the market formed a huge bearish candle. The price has broken through the key level that was holding price since the beginning of December. Most likely, the price is going to continue moving downward towards...
Hello there, Following the RBD, DBR, and LH, the EURUSD seems to want to push higher to 1.1 from the low of 1.07670. Candle Structure : The current candle opened bullish to the high of the third candle, a third candle that has a low above the high of 1.07878 of the April 1st 24 candle. Summary : So we have a strong bullish candle structure but a weak bullish...
✅EUR_USD will soon retest a key resistance level of 1.0722 So I think that the pair will make a pullback And go down to retest the demand level below at 1.0600 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The pair after its downtrend showed some strenght and formed bullish divergence on RSI indicator. Entry is placed at the break of LH with SL and TP mentioned.
EURUSD: Close To a Strong Support Zone EURUSD is close to a strong support zone. Even though the ECB didn't cut the interest rates we saw EURUSD following the bearish scenario I explained earlier. The price broke out from the structure opening the door for more downside. However, we should be careful because EURUSD is already very close to a strong support...
Hi everyone. EUR/USD is on daily Order Block.Took sufficient Liquidity. Now target liquidity is pending .. Good Luck
FX:EURUSD Processing: +3.6RR Risk: 1% Updated a large amount of liquidation on the purchase There is a structure breakdown at 1h, I expect further upside to the nearest FVG resistance zone at 1h. Waiting for working off
Market Analysis: EUR/USD Nosedives EUR/USD started another decline and traded below 1.0700. Important Takeaways for EUR/USD Analysis Today The Euro started a fresh decline below the 1.0695 support zone. There was a break above a key bearish trend line with resistance at 1.0630 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On...
Follow price and watch for buy setups at the Lows of London session. Price may dump back down to the Low by the Zone area. Look to see if price at Ny session works back into London Low for the Buy back up. Timing and the Level should give you confirmation .
EUR USD has formed a Symmetrical Triangle on the daily timeframe, and a breakout has occurred now we need to wait for a retest of the pattern before looking for an entry Short/Sell on the lower timeframe
EU Long bias Entry: Daily demand zone. Its clear that recently EU has been bearish and we can LLs and HLs forming. However, seasonality and fundamentals from previous election years align nicely with this demand zone. I expect weakness on the DXY very soon as it is approaching a HTF supply zone. In addition, as the Euro is known to be the direct nemesis to...
Hello Traders ! Previously, The EURUSD Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (1.07431 - 1.06950) . This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move 📉 ------------ TARGET: 1.05755🎯