As We Talked in The Previous Analysis:
The Price Has Pulled Back to The Resistance Line.
Currently, The Market Created a New Higher Low.
So, Let's Expect The Bearish Scenario:
if The Price Breaks The Higher Low and Closes Below That,
We Will See a Bearish Move📉
_________
TARGET 1: 1.06670🎯
TARGET 2: 1.05755🎯
🏃♂️ EURUSD is moving near the 🔴 Resistance zone($1.0806-$1.0781) 🔴.
📈According to Classical Technical Analysis , EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the...
EUR/GBP Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EURUSD is currently stuck between 2 important daily structures.
Depending on the market movement next week, I see 2 potential scenarios.
Bullish
If the market breaks and closes above a resistance line of a huge
falling wedge pattern on a daily,
a bullish continuation will be anticipated at least to 1.083 level then.
Bearish
If the price violates 1.0724...
Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”.
Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843.
Manage your capital correctly and competently!...
The price perfectly fulfilled my last idea. It hit the target. The price reached the supply zone, where we had massive sell offs. EURUSD moved higher after breaking through the range zone. It is testing the key resistance at 1.08000 and channel boundery, which is essentially a downward trendline. The price will most likely move sideways since there is no news...
The EURUSD price surpassed and closed above an important horizontal resistance last week.
This broken level has now become a support, and the market is currently retesting it.
I anticipate a bearish trend to continue, with the next target likely being the resistance of a descending trend line.
EURUSD on the 1D tf is bearish. Price needs to fill the imbalance and take the trendline liquidity. i'll observe the 1hr tf for bearish confirmation before taking a sell trade
EURUSD is moving above an ascending trendline on the 4-hour timeframe and currently retesting this trendline.
Considering the situation of the Dollar index and the possibility of a downward movement in the Dollar index, we can expect a bullish move from this range. 📈💶
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A not long time ago price declined to resistance area, and then bounced up, after which made downward impulse.
Price declined lower $1.0790 and $1.0650 levels, thereby breaking them, after which it started to rise in channel.
Soon, price broke $1.0650 level,...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
EURUSD is in a downtrend channel on the daily and weekly timeframe.
Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10.
The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and...
As we see dollar index is bullish and we have some Supply and Order blocks ahead which will act as POI for banks and institutes.
SO WE PLAN A LONG SELL FROM ENTRY POINT @1.0900 +/- 5PIPS WITH SL 1.0925 25 PIPS
TARGET 1 - @1.0730
TARGET 2 - @1.0666
TARGET 3 - @1.0570
Raid above the buyside is done, heading down to the CE , let see how the reaction is over there , if it doesnt hold , then it is likely heading to the double bottom , the thursday low and previous friday low. , but overall , it is bullish idea
Take a look at our analysis for EURUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.073.
Considering the today's price action, probabilities will be high to see a movement to 1.076.
P.S
We determine oversold/overbought condition with RSI indicator.
When...
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0772.
Bias - Bearish
Safe Stop Loss - 1.0812
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0717
About Used Indicators:
For...
1W - the weekly timeframe is in a short context. It would be desirable to see liquidity withdrawal around 1.088 to confirm the short order flow. Also, if the price closes above 1.088, the context will change to long. However, the main target remains at 1.045.
