Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08000 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08000 support and resistance area. Trade safe, Joe.
EURUSD has confirmed a hourly channel breakout on the lower boundary, which is likely to create another downside momentum in the near future targeting the bottom level of support. Here we expect a decent 50-70 Pips worth of profits with a short entry.
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0694 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0712 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Within the seemingly tranquil surface of the forex market lies a realm of intricate complexities and dynamic interactions that dictate its ever-evolving landscape. Unlike the tumultuous fluctuations often witnessed in stock markets, the forex arena operates with a measured cadence, its movements orchestrated by an array of global forces. In this comprehensive...
our last signal hit SL we change our prediction, looking for another scenario, wait for confirmation, take another short position, and good luck here is my new scenario. the price will go up reaching the trendline as seen on chart. then i'll wait for any bearish candlestick pattern on H1(it could be engulfing, shooting star, etc) before take any short pos.
Hope everyone liked the previous idea which hit full tp for a RRR of 17.5. This one is quite harder for a RRR of 20:1. Let me know if you agree or not with possible EURUSD up movement.
The inflation in the US continues to be persistent, putting into question promised three rate cuts during the course of this year. Released data on the core Personal Consumption Expenditures Price index show an increase in March of 2.8% on a yearly basis, which was slightly above market estimate of 2.6%. The PCE on a yearly basis was standing at 2.7%, again...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Hello Traders ! Previously, The EURUSD Price Formed a Bearish Double TOP Pattern. Currently, The Price Broke The Support Level (1.07431 - 1.06950) . This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move 📉 ------------ TARGET: 1.05755🎯
Trade Status: Our FX:EURUSD trade is active , with attention centered on the pivotal 1.0685 resistance level. We're closely monitoring for a breakout opportunity. Target and Rejection Scenario: Should FX:EURUSD breach 1.0685, our target extends to the monthly open at 1.0792. However, with the looming GDP data release on Thursday, we're prepared for the...
This is my Intraday analysis on EURUSD for 26 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15 Chart Analysis Market Sentiment PCE as the next hurdle: The release of the Personal Consumption Expenditures (PCE) data is the key event today. This data is a crucial inflation indicator for...
EURUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURUSD Entry - 1.0715 Stop - 1.0742 Take - 1.0665 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURUSD is correcting between trend lines within an ascending channel. The price chart has twice formed a bearish takeover after reaching a local top. We expect a correction within the current channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The over idea behind the strategy is very simple. We all know how to use Fibonacci Retracements and Bollinger Bands. The indicator on top combines both using Fib levels in a Bollinger band fashion. (I did not make the indicator) On the bottom we have the Awesome Oscillator (Also not my creation) reading on the 200 for accuracy. The Oscillator is used to...
Good day, friends! This is ESS team. Congratulations on the EURUSD's RISE !! Let's analysis EURUSD. :::::::::::: This is EURUSD 4H chart. Candle broke through the top of the Descending parallel channel with a cascading RISE up. If Candle retests safely of the Descending channel's upper line, Long positions are advantageous with power of rise. If the...
Till weekend after pullback to AOI as shown Keep your risk management Safe trades
This market looks interesting. I see a possible downside continuation based on what price is showing on the weekly TF. Overall is bearish and we can see that price has broken a weekly key level to the downside, a short term correction is needed for the downtrend continuation. Let's see how this coming week will be. Feel free to share your point of view.
This is my Weekly analysis on EURUSD for 29-3 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart Analysis Daily Chart Analysis 4H Chart Analysis Economic Events for the Week Market Sentiment Potential EUR Upside: Weaker Dollar: The recent US economic data, particularly the lower than...