A simple range break, retest continuation model taking shape on EU. Anticipating a continuation towards the close of the H4 IMB. Potential RR 1:3
EURUSD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most...
By many near-term measures, EUR/USD has already broken out (not the 200DMA at 1.0790 ). However heading into tomorrow's, US CPI release, the focus is on a possible reaction here at confluent resistance near the 61.8% retracement of the March decline at 1.0836 . A topside breach / daily close above this threshold would expose a possible rally towards the March...
Overall on the higher timeframes, we are bearish. I will be looking for sells in this POI and waiting for price action to change on the lower timeframes before entering a trade. What are your thoughts?
EURUSD chart is printing bullish trend, projection shown on the chart using ABCD harmonics trend
Looking at Eurusd on the 4h , we can see a clear movement to the buy side , we can also see the amount of liquidity created by the current consolidation of price , we will therefore look for a break to the downside of the consolidation to liquidate early buyers - and trigger our pending buy limit order to push price to our 4h supply zone.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Demand Zone Falling Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Break of Structure
Looking for a buy opportunity. Reasons: 1. breakout and retest on the support area, which i drawn 2. making a double bottom Pattern in 5 and 15 minute charts. Use proper risk management. Thank you
Traders! keep up with EURUSD keep your eyes on EU shall we see a bullish pump? what would make EURUSD pump fundamentally? what do expect about EURUSD? share your ideas and suggestions about EURUSD with me and other participants. good luck.
I try to find inactive contract areas on chart. Here is my first published idea. It seems I can buy from 1.08240 to 1.08640. After that, I guess a goos sell will be possible from 1.08640 to 1.07700
Hi my friends EURUSD is still bullish and from here , i believe that buyers will increase their long positions ! and also momentum is bullish too ! So , you can buy EURUSD from here But keep in mind that money management is the key to success !
euro on its one month high to whom so ever is selling
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 entered to downward wedge, where it broke $1.0850 level and fell to support line. After this movement, EUR turned around and made upward impulse to resistance area, exiting from wedge pattern. But soon, price exited from resistance area,...
Some clues about the reason for yesterday's decline in the U.S. dollar index can be found from the time node. Especially the data released at this time node, there is no doubt that there is a greater relationship. We can see that the number of initial claims for unemployment benefits and the number of continuous claims for unemployment benefits in the United...
The most likely scenario for EURUSD (also considering this week data) is rebuy around 1,07400, which is the 4H demand zone. Wait for price to fall to the demand zone and CHOC on the lower TF, 15-30M. I will try to update the idea when-if entry conditions are met. Wish you good luck.
Hello,Friends! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Yesterday, spurred by weak economic data and unfavorable CPI data, the U.S. dollar index fell sharply. After today's slight rebound, I think the US dollar index has stabilized. Why do you say this? The reason is that the U.S. dollar index simply cannot continue to fall! If the U.S. dollar really falls, the chain reaction will be completely unbearable for the U.S....