waiting the reaction at this zone 1.06555 to go long then short around 1.07139 if respected
Hello traders ,what do you think about EURUSD? This currency pair has broken its trend line and is below the resistance zone. It is expected to fall at least to the specified level after the pullback to the broken zone If this post was useful to you, do not forget to like and comment.❤️
The price perfectly fulfilled my last idea. It played out nicely; it fell from resistance and hit the targeted level. On the 4H timeframe, EURUSD bounced off the resistance by forming an impulse movement. On the daily timeframe, it broke the strong level at 1.07000. I think the market might pull back to the resistance zone and then move downward before the...
Hello,Friends! EUR/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.059 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
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...
The price perfectly fulfilled my last idea. It played out nicely; it fell from resistance and hit the targeted level. On the 4H timeframe, FX:EURUSD bounced off the resistance by forming an impulse movement. On the daily timeframe, it broke the strong level at 1.07000. I think the market might pull back to the resistance zone and then move downward before the...
The current selling zone for the EUR/UAD pair is at 1.06941, indicating a potential opportunity for traders to sell this currency pair. Within this setup, there are three specified take profit points at 1.06454, 1.06335, and 1.06300, indicating the price levels at which traders may consider closing their positions to lock in profits. Additionally, a stop loss...
The price perfectly fulfilled my previous idea. The market literally went down and hit the target level. FX:EURUSD is heading toward the strong resistance zone between 1.07300 and 1.07600. If the price rejects the resistance, then we can expect the price to move to a to a lower level. However, if the market breaks through the resistance zone, we expect the price...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
From a technical standpoint, the EUR/USD exchange rate has spent the last few days meandering around resistance on the daily timeframe. With the trend leaning in favour of sellers, resistance is seen between $1.0753 and $1.0726, made up of the following technical tools: • Horizontal resistance at $1.0739. • Quasimodo-support-turned-resistance at...
It is expected that the downward trend will continue until the specified support levels are formed. Then, according to the behavior of the price in these ranges, possible scenarios have been determined
This is my Intraday analysis on EURUSD for 1 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment A day the markets awaits loaded with high impact news events. Starting with US ADP, Manufacturing PMI, JOLTS Job Openings and ending with Rate Decision and...
𝐀𝐔𝐓𝐎𝐌𝐀 - Weekly Bullish and Bearish POI for HOR/LOR Setups
Guess what mistakes do we(I) always make? > Not taking a trade when you see one. > Thinking of a reversal prior to a right trend etc.. etc It's all about choices at that time. We'll miss some. It's ok. There will be opportunities sooner that you thought. >1001 asset and a few you could understand will make a whole difference. Assumptions UJ: You knw : No...
EURUSD have a bullish fib. Sub fib form a confluence with support and resistance line extention and a Counter trend line break. wait to buy arrount @1.0467
Buy when price is LOW. If we do not buy, Yellen would be under pressure. There is this still one misconception when it comes to $ and yield. Many still think that high yield caused $ to be strong. Actually, the truth is the other way round - a strong dollar causes yield to rise because less people will buy bonds denominated in USD - it is just getting...