Hello dear traders, 📊 EUR/USD is in a holding pattern ahead of major US economic data 📉 Resistance looms near 1.08000 while support holds at 1.06000. Traders are on edge as key reports like non-farm payrolls and Fed announcements approach 📈 Positive US data could give USD a boost, pushing EUR/USD down, while weaker data might lead to a breakout 📉 Conservative...
FX:EURUSD EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
The EUR/USD currency pair is showing signs of a potential buying opportunity, with a targeted buy zone identified at 1.07032. This level serves as an area where buyers may consider entering the market, anticipating upward movement in the exchange rate. Furthermore, technical analysis suggests two potential targets for this buying opportunity. The first target is...
i am still on my bearish bias. so i just counting another ABC correction and wait for confirmation to go short
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
Slow and steady wins the race and it can be said that for the past 2 weeks, Euro has been in a buy programme, creating minimal fair value gaps before booking @ the weekly bearish order block. But on closer inspection, when Euro retraced up into the weekly order block, the median threshold @ 1.08586 failed to break nor test which gives me the suggestion that the...
Hello Traders, I hope you doing great. for upcoming week, I think we'll probably see an Upward trend on EURUSD and a downward correction on DXY$. if this post was helpful to you, please like and share.
Hello trader this is my eurusd trading setup 1/3 Risk reward Strategy ; Intituional tactics Rember Diligence patience emotional control is really important in this market If you like my content hit the like button , Follow and subscribe and show some love wish you good luck and good trading
Hello everyone, Today, EURUSD continues to hover around the familiar level near 1.071, still entrenched in a long-term downtrend. On the trend front: We are anticipating important updates from the Eurozone with the release of the HCOB Manufacturing Purchasing Managers' Index (PMI). This data could provide fresh insights into the next moves for EURUSD. In the...
EUR/USD witnessed a significant rebound on Thursday, returning to the upper end of recent consolidation above the 1.0700 level as market sentiment stabilized ahead of another US Nonfarm Payrolls Friday. The pair faces initial resistance at the weekly high of 1.0750, followed by key levels such as the 200-day SMA at 1.0798 and the April peak of 1.0880. On the...
Hi folks today I'm prepared for you Euro analytics. Some days ago price rose to the resistance level, which coincided with the resistance zone and broke it, after which rose a little more. Then EUR started to decline inside the downward channel, where it in a short time declined to the resistance level and broke it one more time, but soon it backed up and reached...
After a subdued performance late last week, the EUR/USD bounced back on Monday, challenging overhead resistance at 1.0725. A successful clearance of this technical barrier could pave the way for a move towards 1.0755. Further strength from this point onwards would shift focus to the 1.0800 handle, where the 50-day and 200-day simple moving averages converge. In...
EURUSD may retrace from a wide intraday horizontal resistance cluster. I already see some sings of weakness of sellers: double top formation on an hourly time frame and multiple rejections. I think that the pair may reach 1.0705 level today. ❤️Please, support my work with like, thank you!❤️
The price retracted back to previous support line which works as pressure line now. It is possible continue moving to South and touch the down trend channel bottom line and previous support line area. SlowStoch is in over bought level and crossed in 16 hours time frame. RSI touched the 50 level and showing turned.
Based on H4 and H1 structure price action is till making an uptrend , maintaining structure of the counter trend and holding the support area of H1, risk is relatively low as price as tight stop loss of 30 pips NOTE; Key area to watch is the last week high cause of price reject the head and should partner but I think price could break it cause of liquidity grab...
What Is a Fib Spiral in Trading? In trading, the Fibonacci sequence, notable for its mathematical and artistic significance, is adapted into tools like the Fibonacci retracement and spiral. These tools provide traders with a unique perspective on market trends and potential reversal points, using ratios derived from the sequence to analyse price charts. This...
Market Analysis: EUR/USD Dives EUR/USD started a fresh decline below the 1.0695 support. Important Takeaways for EUR/USD Analysis Today The Euro struggled to clear the 1.0750 resistance and declined against the US Dollar. There was a break below a key bullish trend line with support at 1.0695 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
Buy opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 30 pips. With the data worse than expected from the news of Second-hand home sales, I expect the price rises to the level of 1.07000 Guys, what do you think? Leave a comment with your thoughts.