This chart is just for fun. Learning to spot real or fake FX move is similar to spotting a real or fake breast of a woman. If it looks unnatural, you should know what it means. Merry X'mas and a Happy New Year. Good luck.
I always look for re-entries at B leg and get out at C leg
The analysis suggests a potential upward trajectory for the EUR/USD currency pair, driven by the upcoming Eurozone Consumer Price Index data release, with an anticipated annual inflation increase. Market analysts expect this could influence the European Central Bank's stance on monetary policy, potentially leading to a stronger Euro. The current positioning below...
The EUR/USD pair is descending towards 1.0900, with the US dollar rising for the fourth consecutive day, influenced by geopolitical tensions in the Middle East. Despite hawkish comments from the ECB, the euro is struggling to gain ground. If the EUR/USD breaks the 2024 low at 1.0892, it may test the 200-day SMA at 1.0847. Below this level, further declines could...
EURUSD broke the sideways move after the inflation data. This allows the downside move to continue towards next levels. We’re watching the following levels: 1,0876 1,0820 1,0722 Lower the risk after reaching the first level.
This is my Intraday analysis on EURUSD for 16 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE : Still price is ranging and i'm waiting for a break out of that range. Order flow on 4H is currently bearish within the INT Structure so my expectation is to stay bearish and may target the 15m Swing Low. A...
EU is on the move bearish trend is in position to take over let’s wait for the results. Any opinions??
The dollar was weak in early European trading on Monday as traders weighed the possibility of an early interest rate cut by the Federal Reserve and a U.S. holiday slowed trading volume. At 4:35 p.m. ET (9:35 p.m. Japan time), the dollar index, which tracks the U.S. dollar against a basket of six other currencies, was trading 0.1% higher at 102.242 as the holiday...
*~MONDAY JANUARY 15th 2024~* The EUR/USD is reaching the edge of the bearish decent into the predicted level 1.09030 it is at this level that you should be looking to get into the market for a BUY as the market finds its point of bullish reversal to inevitability find a take profit of 1.10837 some breakout traders might wait for price action to create the first...
It is about time again traders, to all those who lost buying EURUSD I am so so so sorry, use this and recover today and tomorrow, we have been tagged in stay tuned for more updates, do well to like share and follow
Hello wonderful friends, what do you think about EURUSD? Opening the new week, the EURUSD currency pair maintained a slight recovery with the price at 1,096 and up 0.15% on the day. Price still mainly operates around the two EMA lines and there is not much change in trend. Karina is expecting this pair to escape the price range and make a Breakout to reach...
Sell opportunity in the FX:EURUSD with a target at 1.09320 for a profit of 20 pips.
I was also bullish EURUSD yesterday and said that if 1.0966 is breached expect a huge move up. 1.0966 turned out to be the exact highs as price is rejected by it. EURUSD actually closed with a doji but just below the 1.0954 strong level and this morning, it sold off down, on what I understand is news of Iran missiles hitting US consulate. Not sure the extent and...
Here I have EUR/USD on the 4hr Chart!! Much like its counter-part GBP/USD, Price on EUR/USD has been forming the same looking Reversal pattern called a Head and Shoulders!! Now our Last Lower High is the finally move price can make before inevitably having to start creating Lower Lows! Confirmation of the Pattern will come when price Breaks and Closes below our...
Here we go again, guys, sorry I have not been dropping what we will be doing this week so we are starting today, we will complete the downward structure in the next 3 days, do well to drop down to lower timeframes to find your entries stay tuned for more updates.
EURUSD Pivot 1.09550 - If the price is higher than the pivot, open long target TP1 at 1.09935 and TP2 at 1.10660. - If the price is lower the pivot, open short target TP1 at 1.08920, TP2 at 1.08330 ***Please money management***
This if my anticipation in price goin in on tuesday. this is for educational purpose only