The global foreign exchange (Forex) market constitutes a vast and intricate financial ecosystem in which currencies from across the globe are traded. This marketplace witnesses the exchange of trillions of dollars on a daily basis, rendering it among the most liquid and dynamic markets on earth. Amidst this bustling activity, central banks play a pivotal role,...
Today, we will be looking at this pair from the 4 hour perspective. On this timeframe, we have seen the market continue to make higher highs and higher lows over the past 2 weeks. This up trend is expected tocontinue for a little longer. From our analysis, the market is current making 4 PBs to the top side. We expect to see some retracement at this level to bring...
EUR/USD shows a continued upward movement, having broken above the 21, 50, and 200-period EMAs on the 4-hour chart. This bullish crossover, with the price sustaining above all EMAs, suggests strong upward momentum. The recent price action indicates the potential for continued growth, targeting the next resistance level. Consider entering a long position if the...
Price needs to go up grab Liquidity fill FVG then price Lower
In this video, I talked about eurusd (the only pair I trade). I made a full break down from the weekly timeframe all the way down to the daily timeframe. I talked about what the market had done and what I expect the market to do over the next few hours. I also talked about the levels I'm going to be watching out for before I take a trade on the pair. I'm sure...
#EURUSD UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair EURUSD. EURUSD hit the mentioned order block here. This is the short term aggressive trade without confirmation. Manage your risk properly traders... Stay with us for updated worthy analysis....✍️
2 larger volume areas of resistance wait ahead Will be interesting to see if they hold or not
As given yesterday (), I said 1.0933 is a good level to look for long to 1.0981. Market hit 1.0935 and rallied to1.0981 and even higher. No shorts as we dip first. Price action continue to be bullish. 1.0965 and 1.0951 are two levels to look for support to go long to 1.1031. If 1.1031 trade first though, be cautiously short for a pullback.
EUR/USD extended its advance on Tuesday, clearing Fibonacci resistance at 1.0960 and rising to its best mark in more than three months. If the pair holds onto recent gains and establishes a support base near 1.0960, there's a possibility of an upward push towards 1.1080 following a period of consolidation. Should bullish momentum persist, attention could turn to...
price has cleared out recent high , now it might confirm a minor retrace to ordder block 1.09841, or maybe descend further to 1.09518, but im not expecting the price to break the previous daily low at 1.09346
EURUSD broke the resistance at 1.0960 and quickly reached 1.1000. For now, it is holding to this level, but if the upside move continues, the next target is in the 1.1060-1.1080 zone! Buys are becoming increasingly risky and do not have good ratios. There are no grounds for sales.
Price has taken PWH, into a daily OB. Will be looking for a retest of the PWH potential reversal. High of the week could be set if a closure below PDL. Also 2 days left for monthly closure, reversal tentative.
The primary focus centers on DXY, which is currently approaching significant weekly Fibonacci retracement levels. My strategy involves watching the 4-hour chart, where I will be monitoring for signs of a potential bottom. I will post the EURUSD chart as its own idea and it is linked here. Ignore anything else posted to my profile as those ideas were built on what...
The EUR/USD exchange rate is retracing back towards the vicinity of 1.0980 after touching a 15-week high just above 1.1000, supported by an increase in risk appetite across the broader market, causing the US Dollar to depreciate and fall into the red against all major currencies on Tuesday. The daily chart depicts EUR/USD trading around the opening level,...
EURUSD Pivot 1.09720 - If the price is higher than the pivot, Long target TP1 at 1.10270, TP2 at 1.10460 - If the price is lower the pivot, short target TP1 at 1.09320, TP2 at 1.08920
Eu have been on a bullish run for days now. I have been looking at the weekly FVG as a possible major target for a while. Today, Eu took out a Swing high. While Dxy took a swing low. Eu could retrace , consolidate or continue going up. For now, we will sit and let EU do the work to see where its going. Price either goes up, down or side way (consolidate.)