Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish , trading within the falling channel in red. At present, EURUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone in green. 🏹 Thus, the highlighted red...
Price rejected at 1.07526 with stronger wick rejections, suggesting further drop in price is inevitable, alongside DXY failed to make major bearish correction. Currently, DXY is extremely bullish and it is likely to remain that way until friday where we will be having NFP(NON-FARM PAYROLL). Price can drop until our entry point at 1.05204 where in our opinion price...
Price pumped above the old high to the Order block / BPR and the top of the channel confluence. Retail sentiment is 91% shorts and we can see that they started adding longs which is mostly the moment when the price can reverse. I'm expecting a pullback in here. Then we might get consolidation before the big drop. Always follow these rules - Accumulation /...
EURUSD 15.05.24 My thoughts on this pair EURUSD has been in Bearish since December 2023 After seeing some liquidity being grabbed at 1.08602 Level I am looking for price to push back down to 1.06088. This is not financial advice make sure to do your own research on this pair remember everyone has a different trading plan.
EURUSD is currently at a resistance area at 1.08949,am seeing price has retested again and is forming a double top ,am seeing sells towards 1.08095 and 1.07354 respectively
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.
My EU analysis this week focuses on shorting opportunities. I will look for sells either from the 6-hour supply zone near the current price or, ideally, from the 11-hour supply zone if the price breaches the Asian high and continues upward. If the price opens lower, I will look for buying opportunities at the 4-hour or 3-hour demand zones. Once the price reaches...
In Wednesday’s New York session, the EUR/USD pair surged to a monthly high, nearing 1.0870. This rise in the major currency pair was fueled by developments such as the United States Consumer Price Index (CPI) easing in line with estimates, and the monthly Retail Sales figures remaining stagnant for April. The anticipated decrease in price pressures within the US...
EURUSD has reacted off the pivot that is close to 78.6% retracement and 78.6% projection and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0893 Support: 1.0811 Resistance: 1.0949 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
The EURUSD pair hit the top (Lower Highs trend-line) of the 5-month Channel Down and got immediately rejected. This pull-back is most likely the start of the new Bearish Leg on its way for a Lower Low at the bottom of the pattern. Technically, we are on almost perfect symmetry with the previous Leg, which formed a Lower High after a 4H Golden Cross. When the 4H...
if you follow me before, you would know that i'm on bear side, you may also read my lost signal this whole may. the ABC plan seems to be failed, so i try to recount the wave. and this is maybe the best we can count. So 2023-2024 has been wave 4 took form as a triangle ABCDE with a fake break out at C and truncatēd wave E Lets hope for some profit, no more stop...
Yesterday's US fundamental data made EURUSD very bullish and the pair managed to violate a significant structure resistance. Retesting the broken structure, the price broke a resistance line of a bullish flag pattern on an hourly time frame, indicating a highly probable bullish continuation to day. Next resistance - 1.0835 ❤️Please, support my work with...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.0891, which is a pullback resistance that aligns with the 100% Fibo projection and 78.6% Fibo retracement Our take profit will be at 1.0811, an overlap support level. The stop loss will be placed at 1.0959, which is a multi swing high resistance level. High...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0859 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0814 About Used Indicators: On the subsequent day,...
FX:EURUSD I think this plan may happen for EURUSD
Hello everyone, Brian here! After a sharp rise on Wednesday, the EUR/USD pair struggled to maintain its momentum and modestly closed lower on Thursday. By Friday, the pair stabilized around the 1.0850 mark and began the new week showing some recovery, hovering around 1.088. On the 4-hour chart, EUR/USD continues to display encouraging signs for buyers. The price...
Here’s the monthly chart of EURUSD and and we may likely see price fall low!. Price currently trades at $1.08432 and there’s a tendency price may trade lower as we notice slower decision making in bull trend
here we can see that we got a breakout from up trend line price has to balance the liquidity at support zone make a short entry as shown in the picture, follow for more live updates...